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Today’s hospitality markets have new challenges to overcome—especially resorts. No sooner have they begun to regain marketshare in a post-pandemic world when an economic recession is causing guests to become more cautious of where and when they spend their money and time. The good news is that they continue to spend.
Skift Take: The Indian aviation sector is adding more airports across the country, and airlines are investing in upgrading and expanding their fleets. A consistent growth in domestic air passenger traffic is crucial to their return on investments, especially as international airlines are eyeing this growing consumer base.
Skift Take: Taipei-based tours and activities operator KKday wants to grow its marketshare, but with it comes delivery challenges beyond the sector's offline fragmentation. Selene Brophy Read the Complete Story On Skift
Skift Take: If stiff regulation doesn't get in the way, it is very likely that short-term rentals will take a chunk of marketshare from hotels. That's why you'll see more hotels getting into the vacation rental biz. Dennis Schaal Read the Complete Story On Skift
Skift Take: Despite the volatility of the past few years, China is on track to become the world’s largest tourism market by 2032. As domestic travel returns, Accor is gaining marketshare by accelerating growth and tailoring solutions for the Chinese market. Accor Group Read the Complete Story On Skift
Skift Take: In the battle between Tripadvisor/Viator and GetYourGuide, the winner is — offline experiences, which have more than 90 percent marketshare. That spells big opportunities for both of these companies. Dennis Schaal Read the Complete Story On Skift
Imagine a world where every part of the travel industry works together seamlesslyairlines filling seats, hotels boosting bookings, and destinations attracting their desired type of visitors. This is exactly what Amadeus Media Solutions does: we connect the entire travel ecosystem to create success for everyone. Thats where we come in.
Skift Take: TUI's ability to move beyond its safe middle-market playground through an expanded luxury offering came under the spotlight at the Skift Future of Lodging Forum. Ultimately, a brand's marketshare is way more than customer segments — it's really rooted in experience and value.
Faced with persistent labor shortages, increased price sensitivity from travelers, and a rising marketshare for branded hotelswhich now represent 72 percent of all U.S. The findings reveal 2025 is set to be the year of optimizing performance for independent hoteliers.
EVT is expanding its Hotels and Resorts portfolio to international markets with the signing of its first hotel management agreement in Asia. Coupled with our market leading capabilities, we can customise, innovate, and demonstrate above market results for partners. “We
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 billion on sales and marketing in the first quarter (Q1) of 2024. billion in marketing spend during Q1.
Every decision is grounded in meeting current market trends and future needs of our modern-day travellers.” Ascott acquired the Oakwood portfolio last year Lyf is an accommodation concept targeting next-generation travellers including non-traditional corporates such as digital nomads, start-ups, entrepreneurs and creatives.
Citadines Walker is the second Citadines Hotel to be opened in NSW, and the fourth in the Australian market. A resurgence in business travel has seen the brand become the fastest growing in Ascott’s global portfolio, with 21 new Citadines hotels opening this year.
First-time general manager Michelle Scott is flexing her sales and marketing skills to bring Marriott International’s ‘Wild Child’ Moxy to life in its first Australian hotel. What type of traveller does Moxy appeal to? How is the hotel catering to that airport traveller? Are you welcoming a lot of airport travellers?
on 2019, while business travel grew 9.6% The total of 146,000 overseas visitors was 3% lower than the comparable period in 2019, representing a strong recovery, led by the UK and New Zealand markets. The post Sunny outlook for Sunshine Coast tourism as interstate travel booms appeared first on Hotel Management. YOY, and 64.6%
Together with the staffing crisis that the industry is grappling with, one theme has dominated discussions over the last few months – what are hotels doing to service the post-Covid traveller? Remaining relevant to guests is key, and those that don’t are at risk of losing marketshare. Who is your customer? .
Ever wondered why some hotels consistently outperform their competitors, even in challenging market conditions? The secret often lies in their ability to master market segmentation - a strategy that's becoming increasingly crucial in today's diverse hospitality landscape.
At US Travel’s IPW – the largest generator of international inbound travel to the United States – in Los Angeles last week (May 3-7), the Association’s President and CEO Geoff Freeman shared a vision to make travel a national priority, solve barriers to visitation growth and become the most-visited nation in the world. “It
“Bleisure” will be bigger than ever – Citing statistics from Destination International, Berger reports that more and more attendees are looking at conferences and tradeshows as an excuse for leisure travel. Looking for an event marketing ppt?
Shaking up the mid-scale hotel market, Hilton has announced the acquisition of Graduate Hotels for a cool $210 million. This strategic buy comes as established hospitality giants like Hilton seek to expand their portfolio and cater to the evolving preferences of millennial and Gen Z travellers.
Key Performance Indicators, or KPIs, are the backbone of your hotel’s digital marketing. They inform decisions about marketing channels, help with campaign optimization, and, most importantly, let you measure the success of your marketing efforts. But how do you choose the right marketing KPIs for your hotel?
In September 2024, I gathered over 20 hoteliers and inudstry experts to explore five pertinent issues 1) 2024 Performance, 2) Revenue Generation, 3) Staffing and Leadership, 4) Marketing and Demand and 5) Technology and Vendors. Hoteliers across the world have reported similar trends, particularly in the luxury end of the market.
LONDON, 9TH OCTOBER 2024 – The pressure is on for UK hotel operators as new data shows that short-term rental (STR) business have grown 16 times faster in the last decade, reflecting the changing priorities of travellers seeking experience-led accommodation. In contrast, the number of hotel businesses grew by only 5.6%
Travelport GDS is a global distribution system vendor that connects travel service providers (hotels, airlines, car hire companies) with travel agents who book these services on behalf of their clients. What is the marketshare of Travelport GDS? What is Travelport GDS? What does Travelport GDS do?
A new joint report from hospitality data supplier STR and short-term rental analytics provider AirDNA shows that competition between short-term rentals and hotels has accelerated in the fight for leisure guests, with the price gap tightening and rental supply falling behind in urban markets. During the pandemic, the U.S.
In the perpetual quest to achieve greater marketshare, hoteliers constantly seek strategies to help them transcend the competition posed by online travel agencies (OTAs). This is where hotel data revenue can help.
Start by entering what topic you would like to search for – travel, hotels or maybe something more specific to your guests such as spa, luxury, backpacking. As you can see in the example above, searches for travel requirements are trending. To gain marketshare. How can you use Google Trends in your marketing?
Sabre Hospitality, a division ofSabre Corporation, a leading software and technology provider that powers the global travel industry, has signed a new partnership with Loco Partners in Japan.
When I look ahead to what’s to come in the next year, I’ve walked away from Inbound 2024 thinking there’s a lot going on in the marketing world that holds onto long established concepts like behavioral science and creative messaging - the “human-ness” of marketing, but now - to the power of AI.
EVT is expanding its Hotels and Resorts portfolio to international markets with the signing of its first hotel management agreement in Asia. Coupled with our market leading capabilities, we can customise, innovate, and demonstrate above market results for partners. “We
As tech-savvy travelers increasingly choose hotels that cater to their digital needs, the writing is on the wall: those who resist change risk losing marketshare and revenue to more forward-thinking competitors.
The global luxury travelmarket is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 travellers overall take an average of 4.8 billion by 2032.
The battle for direct bookings has entered a new phase as online travel agents ramp up efforts to establish ownership of hotel guests and their booking journeys
What are Chinese travellers? Chinese travellers are individuals residing in China who travel domestically within their country or internationally to various destinations around the world. Table of contents Why should you capture the attention of Chinese travellers?
.” The CEO added that the company’s diverse brand portfolio, strong marketshare and vast global network of owners and partners have positioned Accor well for continued success. ” Accor is poised to capitalize on this growth, particularly in emerging markets. market has its unique challenges.
Travel is stronger than ever, with consumers gravitating more towards unique experiences, destinations and adventures. As such, hospitality brands have an incredible opportunity to capture this consumer marketshare by partnering with independent hotels and growing their global portfolio in places not previously considered.
Host Ryan Embree is joined by Director of Marketing Anne Sandoval to talk about how your bed and breakfast property can stay competitive with the rising threats of Airbnb and vacation rentals. Ryan and Anne give tips on how to modernize your B&B’s marketing strategy and optimize your property’s presence online. I wanted to talk to you.
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. Gone are the days of one-size-fits-all marketing. And competition intensifies – vacation rentals and alternative accommodations nibble at your marketshare.
Additionally, SiteMinder has been named the top finalist in the category of Rate Shopping & Market Intelligence, for the real-time intelligence it provides to hotels, as well as Best Hotel Management System for Little Hotelier, the companys all-in-one solution for small accommodation providers. It is used by 2.5
As labor shortages persist and travelers become increasingly price-sensitive, 2025 is emerging as the year of optimizing performance with hostel operators under pressure to improve efficiency and profitability. This could indicate travelers increased confidence in sharing spaces.
RateGain Travel Technologies Limited , a global provider of SaaS solutions for travel and hospitality, has appointed Peter Strebel as its new president to lead the Americas region. His experience in leading operations, sales and marketing will be critical for us to drive more well-rounded growth as we aim for our next big goal.
The widespread distribution of these projects across numerous markets, coupled with the strong presence of established brands, suggests a confident outlook for the hospitality industry. In fact, the pipeline’s reach is impressively broad, with 96 distinct markets across the U.S. 0025 or info@lodgingeconometrics.com.
Marriott appoints Area Director of Marketing for ANZP Marriott International has appointed Deb McDiarmid to the position of Area Director of Marketing – Australia, New Zealand and Pacific. years as Director of Marketing. During this time, the resort has broken all past performance records since its opening in 1987. “I
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