Hotel Speak

MAY 28, 2024

The world of travel payments is tough, with high expectations from consumers and complex transaction requirements for B2Bs Travel bookings are back. Online sales are expected to account for 76% of total revenue in the travel and tourism sector by 2028, by which time, revenue is set to reach £746.4bn ( Statista ).

Travel

MediaBoom

APRIL 18, 2024

Consumers are craving authenticity, experiences, and a deeper connection with the brands they invest in. A recent Bain & Company repor t found that 70% of global luxury consumers are now willing to pay a premium for well-made, durable items that will stay relevant for years to come. With a projected market value of US$368.9

Consumer

MediaBoom

JULY 13, 2023

According to travel resource Dream Big Travel Far, online sales will account for 73 percent of tourism and travel revenue by 2026. Exploding Topics writes that over 90 percent of consumers trust referrals over other advertising avenues.

Marketing Strategy

Inn Quest

MARCH 23, 2023

The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 According to Tourism Australia, there were 2.2 billion and is expected to grow by 13.3% in 2023 (IBISWorld).

Forecasting