Pent-up demand outweighing anything the market can throw at it
Expedia reported revenue in the first quarter that jumped 80%, in line with analysts’ estimates, and signaled a strong summer travel season after two years of pent-up demand.
Reduced internal travel teams now the number one gripe for buyers as business travel returns
Business trips are roaring back, but for how long depends on the breaking points of travel managers and agency advisors making them possible in the first place.
Search interest in “luxury hotels near me” doubles compared to 2019 level
Beginning today, you can enter that location in the hotel or vacation rental search bar and you’ll see a toggle to show properties within a 15 or 30 minute trip by foot or car.
Google searches show a growing interest in Europe travel. U.S. searches for passport appointments have skyrocketed, and international cities are among the most searched flight destinations.
UK and Ireland lead Europe hotel occupancy recovery. Both destinations have achieved occupancy indexes of at least 80 per cent of pre-pandemic levels.
CBRE: U.S. Hotels State of the Union April 2022 Edition. Brand.com and OTAs have taken share from group and GDS booking channels as leisure demand has driven the recovery.
Leisure hotels best positioned to offset high inflation. Luxury resort hotels appear to be particularly well positioned to boost ADR given the excess savings among wealthier households.
Alight.travel lets travelers book sustainable hotels. It's proprietary Carbon Footprint Calculating Engine, lets guests select from a list of Carbon Offset Projects at checkout.
Airbnb making remote work permanent. Employees can now “live and work anywhere,” including working from the office if they like.
Shiji Group: What is a data platform and how does it work in hospitality? The need for an independent system to collect and connect all existing data for hotels has become inevitable.
Cendyn: Hotel operator’s checklist to master flawless check-in. The check-in process begins long before guests arrive at the front desk - and extends beyond checkout as well.