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Today's Brief
US hotels seem to be losing pricing control
- Reduced pricing leverage in US hotels may suggest economic pressures on budget travelers, while globally, hotels are moving towards recovery normalization.
Apr 2, 2024 •
Hospitality
Travel metasearch challenged
- Increased competition from Google Hotels and Flights, which draw in users at the onset of their travel inquiries, significantly impacts Tripadvisor and Trivago.
Apr 2, 2024 •
Hospitality
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The reason luxury travel is so expensive these days
- Luxury hotel rates reached “peak levels” this year, with average daily rates up 70% compared to 2019, according to Virtuoso.
Apr 2, 2024 •
Travel
London top-searched destination on Google for summer travel
- The top three Google Flight search destinations for summer travel are London, Paris and Tokyo, followed by New York, Rome and Cancun.
Apr 2, 2024 •
Travel
Tech-driven hospitality
- One of the advantages of technology is its capacity to offer choices, enabling touch-less interactions or enhancing human engagement.
Apr 2, 2024 •
Hospitality
The ‘cobots’ that carry guest luggage
- The hospitality industry has seen a flurry of robotics companies attempt to automate hotel tasks. Some are catching on - others, less so.
Apr 2, 2024 •
Hospitality
Goldman Sachs explores sale of B&B Hotels
- The sale process is in the preliminary stages, and Goldman Sachs could retain ownership if the bids do not meet expectations.
Apr 2, 2024 •
Hospitality
Hotels taking back control in managing their websites
- Hotels that exclusively partner with a single developer run the risk of overlooking crucial optimization strategies like SEO, social media integration, and data analytics.
Apr 2, 2024 •
Hospitality
... in case you missed it, our
Daily Brief March 28, 2024
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