Recovery gaining pace as the world's pent-up desire for travel rekindles
The World Economic Forum asked four business leaders in the sector to reflect on the state of its recovery, lessons learned from the pandemic, and the conditions that are critical for the future success.
Average daily room rates surpassed comparable 2019 levels in the last three quarters
PwC's revised outlook for 2022 expects US hotels to surpass 2019 RevPAR levels, driven by strong growth in room rates stemming from focused revenue management strategies of operators.
Digital payments are one area hoteliers have much to learn about
Sixty percent of all online transactions are through digital wallets, but if you look at the hospitality industry, it is negligible, single digits.
WEF: How the travel and tourism industry is recovering. Some key findings from the World Economic Forum's inaugural Travel and Tourism Development Index.
Airbnb to close its domestic business in China. All of Airbnb's mainland Chinese listings, homes and experiences, will be taken down by this summer.
U.S. airlines trimming summer capacity, favoring reliability. Burned by high cancellations and lower-than-average on-time performance, many airlines have decided to sacrifice some summer flying opportunities.
Kayak on Kayak for Business. Steve Hafner talks to PhocusWire about the ups and downs of operating in the pandemic as well as the challenges Kayak for Business faces now.
Expedia's new Seattle campus. The company has officially opened its headquarters and started bringing back employees into its new Seattle campus.
Elle International expanding into hospitality industry. The fashion magazine will open its first "Maison ELLE" in Paris this Fall.
80 DAYS: A hotelier's guide to Google Analytics 4. Used effectively it will help you capture first-party data, which is even more valuable now that third-party data is becoming increasingly scarce.
DerbySoft: Are Google's Free Booking Links better than Paid Booking Links for hoteliers? Hotels don’t survive on percentages or splits, hotels rely on occupied rooms with good average rates.