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Today's Brief
Double digit growth in global hospitality industry for Q4, with Europe leading the way - 2023 global hotel occupancy levels are trending 10% ahead of 2022 with Q4 on-the-books reservations up 11% over last year, according to Amadeus data.
Oct 3, 2023 • Hospitality
Marriott projects upbeat RevPAR growth as travel demand stays strong - Marriott forecast two-year annualized global RevPAR growth of 3% to 6% by 2025, as the company expects resilient international travel demand.
Oct 3, 2023 • Hospitality
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What will define the next age of travel? - Digital technology and artificial intelligence are empowering the industry to reimagine the travel experience and unlock long-term growth, according to McKinsey.
Oct 3, 2023 • Travel
‘Unpredictability in the system,’ and other travel lessons from the Summer of ’23 - Climate change upheavals brought on a season of extremes for travelers. One thing is clear: Travel is changing.
Oct 3, 2023 • Travel
China to become world's largest travel market in coming years - WTTC forecasts that China is set to become the world's biggest travel and tourism market in the next three to five years.
Oct 3, 2023 • Travel
No softening in sight for growth of soft hotel brands - Exotic locations are a distinct drawing card for consumers looking for that Instagrammable travel experience, which also has helped fuel soft-brand growth.
Oct 3, 2023 • Hospitality
Ritz-Carlton showcases guests' self-enrichment in brand refresh - “Leave Better” complements other initiatives being undertaken by the company that are meant to give consumers a different perception of the brand.
Oct 3, 2023 • Marketing
Hotel marketing message templates designed to enhance direct conversions - The Hotels Network has unveiled its most recent innovation for hotel marketers to add to their toolkit of direct channel conversion boosters: Templates.
Oct 3, 2023 • Hospitality
... in case you missed it, our Daily Brief October 2, 2023
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