Hotel Business

SEPTEMBER 27, 2023

MMGY Travel Intelligence has unveiled the key findings of its 2023 Portrait of Asian International Travelers research report. The inaugural study found that the Asian international traveler intends to take an average of 2.3 This sentiment is especially strong among travelers from India (79%) and China (76%).

Travel 59

Travel Cancellation Intent Closing 59

Inn Quest

OCTOBER 11, 2023

When it comes to planning a trip, choosing the right online travel agency (OTA) can make all the difference. In 2023, the US market is bustling with various online travel agencies, each offering unique features and services for travelers. Expedia’s strength lies in its variety, making it a favorite among US travelers.

OTA 88

OTA Travel Cancellation Accommodation 88

STAAH

MAY 24, 2023

Market insights provide numerous benefits for accommodation providers. Let’s look at some of the key advantages 1) Understanding guest search information: By gaining access to guests’ search information, hoteliers/accommodation providers can get a quick overview of what potential guests are looking for.

Market 81

Market Marketing Cancellation Accommodation 81

SiteMinder

NOVEMBER 30, 2023

What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4

Travel 52

Travel Accommodation Tourism Hotels 52

Hotel Business

NOVEMBER 15, 2022

Today’s travelers have an unprecedented level of power when it comes to booking their trips online. With a simple search, millions of travelers can be connected to their choice of brands and experiences. Gaining a deeper understanding of the traveler experience. By Hari Nair. A marketplace in-step with guest experience .

Travel 132

Travel Cancellation Accommodation Intent 132

Hotel Business

OCTOBER 19, 2023

Whereas in years past travel has been a means to escape life, Booking.com has released research that shows that travel is life in 2024 with more than three quarters (78%) revealing that they feel more alive than ever when they are on vacation, and 68% wanting to be more like their vacation self in their day-to-day life back home.

Travel 114

Travel Accommodation Tourism Closing 114

Webrezpro

MARCH 14, 2024

Flexibility is a major priority for travelers today. Over a half of travelers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* A flexible policy can make all the difference between someone booking your listing, or another property’s listing.

Travel 52

Travel Accommodation Cancellation Management 52

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Global Distribution System 52

STAAH

JULY 12, 2023

1) Stand out to travellers on Expedia Group sites with refundable rates Flexibility is a major priority for travellers today. Over a half of travellers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* Read her story. Get started today!

Cancellation 80

Cancellation General Manager Travel Accommodation 80

Hotel Speak

MAY 25, 2023

But it’s an industry that never stays static; it evolves and adapts to the changing demands of travelers and the global scene. With an exciting future unfolding, this article aims to explore the trends and predictions shaping the future of travel and hospitality.

Travel 98

Travel Hospitality Operations Services 98

SiteMinder

MARCH 13, 2024

A hotel booking app is an application or website that travellers use to book a stay at a hotel. Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Travellers can spend up to 12 weeks researching their trip and may visit up to 38 websites before they complete a purchase.

Hotels 78

Hotels Accommodation Global Distribution System Travel 78

Hotel Business

NOVEMBER 16, 2023

In the last few years, many in-person meetings, events and conventions worldwide were canceled or postponed. However, in 2024, meeting, professional event and convention spending is projected to increase alongside in-person demand, according to a recent survey from American Express Global Business Travel.

Market 122

Market Marketing Construction Pipeline 122

SiteMinder

NOVEMBER 6, 2023

Airbnb hosting fees are always represented as a percentage of the booking price : Host-only fee: Usually 14%-16% (excluding Airbnb fees and taxes), automatically deducted from the host payout, though the specific rate will depend on a variety of factors, such as location and accommodation type. The guest then pays a fee of approximately 14%.

Cancellation 59

Cancellation Hotels Services OTA 59

STAAH

DECEMBER 12, 2023

Here are 8 smart pricing strategies for hotels to boost revenue and drive more bookings during the holiday season The holiday season marks a period of increased travel, festive cheer, and heightened demand in the hospitality industry.

Target Marketing 79

Target Marketing Cancellation Forecasting Revenue 79

The Cosmos

JANUARY 11, 2023

Many people these days depend on tours and travel agencies. Travel agencies are of two types: online and offline travel agencies. Online travel agencies look super cool with their discounts to get things done quickly. Today, we are going to show you why these people do still prefer offline travel agents.

Travel 52

Travel Hotels Hotel Marketing Cancellation 52

Inn Quest

JUNE 6, 2023

When it comes to the future of online travel agencies (OTAs) and their role in the hospitality industry, there are a few key trends and factors to consider. As technology continues to advance, the future of online travel agencies looks promising, with several key trends reshaping their role in the hospitality industry.

OTA 52

OTA Hospitality Cancellation Consumer 52

SiteMinder

MAY 25, 2023

Additional data shows that over 80% of travel bookings are abandoned, compared to the general average of around 70%. The bottom line is that hotels can lose millions of dollars in revenue due to abandonment, especially when you also consider that guests may book a room before delaying payment, and then cancelling altogether.

Revenue 98

Revenue Cancellation Accommodation Hotels 98

Hotel Speak

JANUARY 23, 2024

The dust has settled, the masks are tucked away (mostly), and the travel industry finds itself barreling into 2024, not quite a post-pandemic world, but one forever changed. Travel trends shift like desert sands Bleisure travel – the fusion of business and leisure – explodes as remote work becomes the norm.

Hospitality 88

Hospitality Cancellation Market Marketing 88

SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average cancellation rate is 20%. s accommodation industry employs about 1.6

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

STAAH

JUNE 6, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings.

Cancellation 72

Cancellation OTA Global Distribution System Revenue 72

Travelboom Marketing

MARCH 12, 2024

This company, along with others like VRBO , keeps hoteliers on their toes as they continue to compete for occupancy in both top destinations and less-traveled locations. Traditionally, an Airbnb will cost more than a hotel based on the fact that there is more square footage to clean, and can accommodate more guests.

Hotels 52

Hotels Cancellation Digital Marketing Accommodation 52

STAAH

NOVEMBER 15, 2022

Goodbye bland travel experiences. Modern travellers are redefining what hospitality looks like in 2023 and beyond. Hot off the press, Booking.com revealed what modern travellers are seeking – it’s not just another holiday. A large section of travellers are seeking to get away from the grips of technology and closer to nature.

Hospitality 85

Hospitality OTA Travel Upsell 85

Boutique Hotel News

DECEMBER 5, 2022

The API integration will enable travel agents and customers see key information such as cancellation policies, whilst allowing Hilton and Amadeus to access details such as credit card information and meal plans and preferences. . Now, Hilton will be able to roll out new updates with the direct connection to Amadeus GDS. .

Global Distribution System 52

Global Distribution System Cancellation Accommodation Travel 52

STAAH

MAY 30, 2023

With the rise of online travel sales and the influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape. 8) Online Travel Agents (OTAs): Working with multiple online travel agents (OTAs) is crucial for increasing digital distribution and overall occupancy.

OTA 83

OTA Hotels Revenue Travel 83

SiteMinder

FEBRUARY 28, 2023

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

Tourism 105

Tourism Travel Accommodation OTA 105

Little Hotelier

MARCH 10, 2024

A hotel competitor analysis allows your hotel or small accommodation to compare the strengths and weaknesses of your local peers with your own business, so you can work on being the most attractive option for visiting travellers. For example, if you are a budget property, you would compare yourself to other budget accommodations.

Accommodation 52

Accommodation Hotels Services Market 52

SiteMinder

MAY 16, 2023

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. It’s also projected that by 2035 there will be a billion digital nomads travelling the globe.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

Cloudbeds

JULY 27, 2023

Travelers who click on your property’s link will be taken directly to the landing page you provide to complete the booking process. With over 12M accommodation searches daily , Trivago continues to be a popular metasearch platform and a key component of a hotel distribution strategy. Who are they for? Where do they appear?

Cost Per Click 52

Cost Per Click OTA Digital Marketing Accommodation 52

SiteMinder

SEPTEMBER 6, 2023

These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. Diverse clientele : Last-minute bookings attract a wide range of guests, from business travellers catching a late flight to spontaneous weekend adventurers.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

SiteMinder

APRIL 17, 2024

This tool is designed to help hotels attract more attention and, subsequently, increase their booking potential by reaching a wider, more relevant audience actively looking for accommodation options. This includes opportunity reports, travel insights, and domestic trends. Table of contents Why try Agoda advertising?

Email Marketing 52

Email Marketing Market Marketing Travel 52

Amadeus Hospitality

JUNE 20, 2023

Originally published to PhocusWire Exploring today’s traveler expectations as catalysts for change and how the hospitality industry can adapt in the coming years to deliver more seamless journeys Data paints a positive picture for the year ahead in the global hospitality market. Here’s how.

Hospitality 52

Hospitality Travel Occupancy Revenue 52

eZee Absolute

SEPTEMBER 22, 2023

They usually come with flexible booking and cancellation policies, allowing guests to make changes or cancel reservations without incurring significant penalties. Non-Refundable Rates: Non-refundable rates are typically lower than standard rates but come with stricter cancellation policies.

Revenue 52

Revenue Management Occupancy Revenue Management 52

Cloudbeds

NOVEMBER 8, 2023

Hotels accommodate various payment methods , including credit cards, debit cards, cash, digital wallets, and more, something Marcus says “is a flexibility not as common in other industries.” Online travel agencies. Cancellations and refunds. Here, we break down the components that make hotel payments unique. Payment regulations.

Management 98

Management Cancellation Operations Hotels 98

MediaBoom

APRIL 5, 2024

Did you know that nearly 70% of travelers turn to search engines when planning their trips. With this in mind, understanding the full impact of travel marketing has never been more essential. Travel marketing targets potential tourists by promoting unique destinations, accommodations, and services through digital channels.

Marketing Strategy 88

Marketing Strategy Market Marketing Travel 88

Amadeus Hospitality

MAY 25, 2023

While recovery has largely been driven by domestic, leisure travelers, groups and corporate bookings are starting to return. and, “Will this be the year corporate travel returns?” For example, the corporate travel landscape looks a lot different now than it did a year and a half ago.

Business 88

Business Sales Events Travel 88

Little Hotelier

JUNE 21, 2023

If travellers have a bad experience using the platform, that’s one thing. If they have a bad experience with your accommodation and leave a review on Booking.com saying so, that can have big impacts on your business. While Booking.com is one of the biggest online travel agencies in the world, its reviews can be very mixed at times.

Management 59

Management Cancellation Services Travel 59

Little Hotelier

OCTOBER 11, 2023

For hoteliers, peak travel season is all about making hay while the sun shines. By positioning yourself as the first choice for your target guest, you can charge a higher rates for your rooms – which guests will be more willing to pay given they are competing against so many other travellers.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52