Growth rates in July moderated in all regions with North America showing the smallest change
Booking reported total sales that nearly doubled to $4.29 billion in the second quarter, casting away doubts about weak consumer sentiment impeding travel plans.
Unlock the next generation of hosts
The focus of Airbnb's business in the near to medium term is not on preparing for a demand shock but on growing its base of hosts to service continued demand growth.
New factors look at the strength of the listing itself as well as reviews and ratings
Starting this August, Expedia Group is releasing new Search and Sort Factors in their marketplace that will affect how hotels appear in Expedia’s search results.
Airbnb reports record breaking bookings for Q2. Average daily rates rose 40% when compared to pre-pandemic levels in 2019, reaching $164, anticipates record revenue during Q3 despite headwinds.
Booking.com bets on payments. 38% of gross bookings were processed through its payment platform in the second quarter, the highest since launching its platform payments capability.
Sabre sees 'stronger' recovery in months ahead. Forward air bookings for travel in August, September and October are tracking similar to stronger recovery months.
Marriott predicts corporate rate hikes in the 'high single digits.' Corporate travel R/N recovered to just 9% below 2019 levels in June, compared to 20% below in Q1.
Hotel wellness has moved beyond the spa. Hotels now must incorporate wellness into every aspect of the hotel’s design, space and offerings.
Finding the new value sweet spot. With consumer concerns around coronavirus in decline, rising costs are currently top of mind for would-be summer travelers.
Cendyn acquired digitalhotelier, a leading provider of integrated distribution, demand generation, design, development, and data intelligence solutions for hotels.
Fornova: How to beat OTA clickbait on metasearch engines. Consumers getting misled by OTA ads that advertise lower rates which are un-bookable or a form of false advertising.