STR Weekly Insights: 15-21 September 2024

In the week ending 21 September 2024, U.S. hotels saw revenue per available room (RevPAR) rise 2.5% with the bulk of the increase coming from average daily rate (ADR), up 2.0%. More than 60% of the industry’s weekly demand gain came from the Top 25 Markets, where RevPAR increased 3.1%...

RateGain Recognized as a Preferred Partner by Trip.com

Noida, 17th September 2024: RateGain Travel Technologies Limited (RateGain), a leading provider of AI-powered SaaS solutions for travel and hospitality, has been recognized as a Preferred Partner by Trip.com, one of the largest OTAs of the world. This recognition, awarded during Trip.com Group’s Envision 2024 Global Partner Conference in Shanghai,...

TFE Hotels and Heritage Hotels announce strategic partnership

In breaking news, TFE Hotels has partnered with New Zealand’s leading accommodation provider, Heritage Hotels, in a multi-property management agreement that will see five hotels refurbished in the next few years and send a positive signal to the local accommodation sector amid a resurgent international tourism market.