U.S. Hotel Performance for Week Ending October 5th
Due to Rosh Hashana, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 October.
How AI Is Redefining the Landscape of Travel Marketing
When ChatGPT first hit the mainstream, it seemed to many that the multibillion-dollar world of travel search marketing was about to change overnight. It didn’t turn out that way.
Auckland Hotel Booking Levels Topping 80% for Upcoming Coldplay Concerts
Auckland hotel booking levels are as high as 84% for Coldplay’s ‘Music of the Spheres’ World Tour next month, according to data from CoStar.
American Travel Trends Amidst 2024 Elections & Holidays
Americans plan to increase their trip volume over the next year. When it comes to the upcoming holidays, more than 40 percent of American travelers have trips specifically planned for these.
Future of Business Travel to Be Shaped by Demographic Shifts and Global Volatility by 2040
CWT and GBTA release special supplement report titled “2040: Baseline, Boom, or Bust” offering a comprehensive analysis of factors that will shape corporate travel strategies and business travel’s future
Golden Week Tourism Surge Demonstrates Economic Optimism in China
The recent surge in tourism during China’s Golden Week holiday signals a strong return of consumer confidence and economic recovery, according to Global Times.
Perth Takes Off: Record Growth As Tourist Destination and International Hub
Analysis by travel intelligence leader ForwardKeys reveals remarkable growth in Western Australia’s capital.
Golf Revenue Above PAR and POR for Hotels – By Robert Mandelbaum and Jeff Woolson
Throughout the latter part of the 20th century, golf was growing significantly in the United States. Not only was participation soaring, but new golf courses were being built at a record pace. In some years, development activity exceeded 400 new courses.
European Labour Authority Launches Report on the HORECA Sector (Hotels, Restaurants, and Cafés
The report sheds light on the importance of the sector to the EU’s economy, contributing significantly to employment and economic output.
London Market Pulse 2024 – Investor Confidence Renewed – By Cassandre Pene and Luisa Russell
Snapshot of the London hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook.