Remove Cancellation Remove Forecasting Remove Tourism
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Asia Pacific Tourism Recovery: a Mixed Picture, But Visa Easing and More Air Capacity Would Help

Hotel Speak

New consumer preferences and habits have emerged in the first half of 2024 in an Asia Pacific tourism sector which is recovering from the pandemic years in an uneven manner. Could AI bots replace tourism forecasters in universities? “We China as a destination has its challenges too. So far we’re safe,” he quipped.

Tourism 111
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In times of uncertainty, hotels have a reason to lean in

SiteMinder

The accelerating rise of the experience economy “The overarching story for the travel industry is one of success, accentuated by resilience,” says Sean Morgan, Head of Travel Industry Research at Tourism Economics. Recent data on global tourism arrivals align with this trend.

Revenue 59
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HAC Holds Annual Conference in Ottawa

Preno

Joe Amati from Destination Canada emphasized tourism’s robust contribution to the national economy, forecasting annual growth of 5.42 Tourism is a resilient economic engine,” he said, noting the industry’s $130 billion value in 2024 and the $31 billion contributed by international travellers. this summer.

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14 Must-Attend Hospitality Conferences for Industry Professionals in 2022

Social Tables

Many hospitality conferences and conventions were virtual or hybrid events , while others were forced to cancel altogether. Exchanges focus around meeting face-to-face with a wide array of vendors, buyers, and mountain tourism suppliers from around the world. MTS is broken down into two main components: The Exchanges and the Forum.

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Hotel industry statistics: Guide for hotels

SiteMinder

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. The average cancellation rate is 20%.

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Time uninterrupted

Hotel Business

This included long waits (29%), poor customer service (29%) and lost money due to canceled/disrupted plans (29%). The world’s population has spent billions on hotels, cruises, vacation rentals and package holidays every year, and worldwide travel and tourism revenues are forecasted to reach $716.8

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Travel statistics: Data and reports for hotels

SiteMinder

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. 67% of families say that they now check cancellation policies when making travel arrangements and 47% say they now buy travel insurance.

Travel 52