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Skift Take: Cancellations and no-shows for hotel reservations tend to be higher in summertime, which can significantly impact revenue for hotels and travel management companies (TMCs). Slicing and dicing data more granularly leads to better forecasting and may reduce potential revenue losses.
Skift Take: Airbnb's new cancellation policy will cover hurricanes — if they trigger government travel bans. But if there is a flu warning in the U.S., a malaria emergency in Thailand, or a Covid-19 outbreak, these situations would not be covered. Dennis Schaal Read the Complete Story On Skift
Skift Take: Only a third of travelers actively avoided destinations due to extreme weather. But many are opting for flexible bookings, safer seasons, or backup plans rather than canceling trips entirely. Read the Complete Story On Skift
Skift Take: The latest set of cancellations and delays caused by an arctic blast come as travelers have already faced disruptions due to the 737-9 grounding and severe weather that afflicted much of the U.S. on Tuesday. Meghna Maharishi Read the Complete Story On Skift
Skift Take: Vrbo is reiterating the message that the traveler's experience is key to building demand and a strong business. Srividya Kalyanaraman Read the Complete Story On Skift
Skift Take: When online travel agencies trot out statistics on their numbers of properties, is it a vanity thing or something more strategic? If you take Vrbo at its word, it's going for quality over quantity. Dennis Schaal Read the Complete Story On Skift
Skift Take: Tour operators are trying to be sensitive to the war conditions currently underway in Israel. Selene Brophy Read the Complete Story On Skift
Skift Take: Hundreds of flights are canceled and ground transportation is suspended as a severe winter storm sweeps across the UK and Ireland on Friday. Darin Graham, Gordon Smith, and Jade Wilson Read the Complete Story On Skift
Skift Take: The disruption in Air India Express operations comes as the airline sector prepares for a peak travel period. Bulbul Dhawan Read the Complete Story On Skift
Skift Take: If Vrbo's new host cancellation policy looks familiar, it's not dissimilar from the one Airbnb imposed a few months ago. Dennis Schaal Read the Complete Story On Skift
Skift Take: Spirit’s changes come as its biggest competitor, Frontier, also dropped change fees and overhauled its pricing structure. Meghna Maharishi Read the Complete Story On Skift
Skift Take: Despite delays, cancellations and staffing shortfalls, three of the largest carriers in the U.S have generated record revenues and raised their profit outlook for the year. Amrita Ghosh Read the Complete Story On Skift
Skift Take: Flexible work arrangements have changed when people book and cancel their trips. Flights in the U.S. on Tuesdays and Wednesdays are broadly down, for instance. That's left airlines scrambling. Sean O'Neill Read the Complete Story On Skift
Skift Take: Severe winter weather continues to hamper air travel in the U.S., and with another Arctic blast due later in the week, travelers can expect to see more disruptions. Meghna Maharishi Read the Complete Story On Skift
Skift Take: Sweltering summers in Europe are increasingly becoming a major problem for the travel industry. Not only could they lead to travelers changing their vacation habits, but they could also drive some travelers to cancel trips — which would a tremendous blow for an industry still trying to recover from the pandemic.
Skift Take: The travel boom this summer doesn't actually mean the travel industry still isn't facing challenges, and here's a look at some factors that have complicated travel for millions of people. Rashaad Jorden Read the Complete Story On Skift
The impacts of Cyclone Alfred have been far reaching with the hospitality industry significantly affected by mass cancellations, according to the latest CoStar STR data. STR anticipates a quicker return to normal trading for Brisbane and Toowoomba, driven by corporate travel and recovery efforts.
Skift Take: Bonza sought to shake-up the establishment by bringing low-cost travel to smaller towns and cities across Australia. Gordon Smith Read the Complete Story On Skift
Travel Association published a report that predicted that spending on domestic leisure travel will increase by 3.9%, surpassing $1 trillion in 2025. Rising travel costs have led to increased demand for budget-friendly options, with discounts, bundled packages and flexible booking policies being among the top requests.
.” This delightful term perfectly captures a travel trend the 80 DAYS team have identified in their latest report : travellers, particularly those in the coveted Zillennial demographic (born 1990-2000), are prioritising relaxation and literally “doing nothing” on their trips.
government actions including tariffs, cross-border policies and entry restrictions, global business travel professionals are newly navigating a complex and uncertain landscape regarding the potential impact on business travel volume, spending and revenue for 2025. Notably, with global business travel spending forecast to reach $1.63
Trip cancellations throughout December resulted in a sharp drop in occupancies, from mid-70% down to 30%, equating to millions of dollars of lost revenue, according to Accommodation Australia CEO, Michael Johnson.
SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.
What is the Booking.com cancellation policy? The Booking.com cancellation policy outlines the terms and conditions that apply when a guest cancels a reservation at your hotel. It includes specifics about refund procedures, penalties, and fees associated with cancellations.
What is a hotel cancellation policy? A hotel cancellation policy outlines the terms under which a guest can cancel their booking without incurring a penalty, as well as those scenarios where there will be a fee associated with a cancellation.
If they see better rates on online travel agencies (OTAs) , they’ll lose trust and likely bounce. Flexible Cancellation Policies : In an unpredictable world, flexibility matters. Personalised Offers : Today’s travelers respond well to targeted perks like birthday discounts, returning guest rates, or room preferences remembered.
A bed bank is a business-to-business (B2B) travel provider that connects hotels with travel distributors, such as online travel agencies (OTAs) and tour operators. Serving as intermediaries in the travel industry, bed banks enable hotels to increase occupancy without directly managing complex distribution channels.
Why Hotel Packages Work When travellers book accommodation, they’re often looking for more than just a bed. In today’s competitive travel market, bundling your offerings into creative packages isn’t just a nice touch, it’s a business strategy. Travel Packages: Go Beyond the Room Want to take it a step further?
What is a hotel cancellation policy? Hotel cancellation policies offer hotel guests the opportunity to cancel their booking up until a certain amount of days before check-in. Once this date has passed, the hotel might charge the guest a set cancellation fee, a percentage of the booking, or the full amount.
Hospitality.today⢠Topics Subscribe Topics ⺠Travel ⺠Market Data America hits the brakes on travel Lagging bookings, shrinking budgets, and last-minute plans reveal growing consumer caution â and potential trouble ahead for the U.S. economy Jun 25, 2025 American travelers are pulling back. weve got you covered.
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 .
What is the Expedia cancellation policy? Expedia provides a cancellation policy that allows users to cancel or modify their reservations without any charges or penalties within the first 24 hours. This can help to mitigate potential revenue losses from cancellations.
With global markets fluctuating amid concerns over the potential impact of international tariffs, the discretionary spend of consumers and their travel budgets
Virgin Australia cancelled only 1.72 It was Virgin Australia’s best result in two years for both on-time performance and cancellations and marks an improvement of 26.4 April 2024 marked a return to pre-COVID levels of on-time performance and cancellations for Virgin Australia. per cent and completed 98.3
The hospitality and travel industry is experiencing a spending surge, with online travel agencies (OTAs) like Expedia Group, Booking Holdings, Airbnb, and Trip.com Group collectively spending a record $4.08 Despite this optimism, the travel industry faces potential headwinds in the year ahead. Both companies surpassed $1.6
With technology and personalised insurance products, this collaboration simplifies the hotelier’s role in managing bookings and cancellations while giving guests more flexibility and peace of mind. Once integrated, BeSafe handles the bulk of insurance and cancellation processes, from booking insurance to processing refunds.
Dont Let Last-Minute Pricing Cost You Profits Ed Sheerans fanbase is diverse, from students and backpackers to luxury travelers. Dont Let Overbooking or Cancellations Kill Your Revenue With a major event like this, cancellations and no-shows are inevitable. But you have to act fast. Dont make the same mistake twice.
The year-on-year rise in direct booking value saw hotel websites either hold or improve their position among every major travel destinations top sources of total revenue, for the first time. Further analysis of SiteMinders 2024 data shows: The resurgence of international travel was fuelled by the accelerating return of Asian hotel guests.
According to PwC, 70% of consumers now expect companies to offer self-service options, and the travel and hospitality sector ranks among the top industries adopting AI to meet this demand. 24/7 Availability Without Overloading Reservation Teams Travelers don’t operate on business hours, but your reservation team might.
Article - Six in 10 Americans Would Cancel or Avoid Trips by Air in the Event of a Government Shutdown - Federal Government Shutdown Would Cost U.S. Travel Economy $140 Million Per Day
planning to travel at least one night this year, a new survey led by Hyatt finds hotels can make their travel journeys, from pre-arrival to checkout, more seamless and inclusive. The sentiment was even higher (more than 75%) for neurodivergent business travelers. to make the travel experience easier.
trillion travel market. We know Expedia Group has valuable travel insights. What are you seeing in terms of the global travel outlook? The global travel market is currently worth US$2.3 The global travel market is currently worth US$2.3 trillion and it will probably be somewhere in the region of US$3.2-US$3.5
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