Travel networks could be the next wave of commerce media - Although it represents only 2.6% of total digital ad spend, travel ad spend will grow through 2026, potentially spurred by new travel media networks.

Sep 4, 2024 • Hospitality

U.S. RevPAR to increase by 1.4% in 2024 - Lodging Analytics Research & Consulting expects U.S. hotel RevPAR to grow 1.4% to $99.56 in 2024, driven by a 1.8% increase in ADR to $158.65 and occupancy declining slightly by 0.3% to 62.8%.

Sep 4, 2024 • Hospitality

Hotel management agreement trends in Asia Pacific - Hotel management contracts are becoming longer, management fees have decreased over the past five years, while sales and marketing fees have increased across Asia Pacific.

Sep 4, 2024 • Hospitality

The shifting landscape of travel bookings - Direct bookings are on the rise as travelers prefer supplier websites to OTAs, requiring hotels to create a compelling direct booking experience and offer exclusive deals.

Sep 4, 2024 • Hospitality

American demand for international trips drives ‘travel momentum’ - Travel spending by American households continues to exceed pre-pandemic levels, a trend supported by an eagerness to travel abroad, according to new research from Bank of America.

Sep 3, 2024 • Travel

Global hotel rates starting to rise ‘more moderately’ - Hotel prices in key global business travel cities are now rising at a "more moderate rate" than in the past two years, according to the latest data from HotelHub.

Sep 3, 2024 • Hospitality

Offline travel market shrinking, but at a slower pace - Travel sales through brick-and-mortar agencies will continue to decline in the coming years, but at a slower rate than previously experienced, according to PhocusWright.

Sep 3, 2024 • Travel

The summer European tourism reached a breaking point - Overwhelmed destinations made high-season visitors the targets of a major tourism backlash. Heat waves and fires only added to the pressure.

Sep 3, 2024 • Travel