The World Travel & Tourism Council (WTTC), in collaboration with the Kingdom of Saudi Arabia’s Ministry of Tourism, today launched a new report revealing the stark impact of the pandemic on woman and youth employment within the global Travel & Tourism sector.
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%...
Tech-Enhanced Slumber: Why Hotels Are Investing in Sleep Innovations That Range from Affordable to Extravagant
Ever noticed how a good night’s sleep can make or break a trip? Well, the savviest hotels sure have. They’re not just fluffing pillows anymore; they’re pulling out all the stops, using the latest tech to ensure you get those much-needed Zs.
Booking: The Gatekeeper that won’t Let Go & What Hotels can do about it!
In May 2024, the European Union designated Booking.com as a gatekeeper under the Digital Markets Act (DMA), a move intended to usher in fairer practices and transparency within the digital marketplace. The goal was to address concerns about data sharing, pricing transparency, and the platform’s dominant position over hotel partners....
Managing F&B Expenses and How to Record Them on Your P&L
As I have said in many of my earlier posts, Food and Beverage is special. And I mean that with all sincerity because it’s an integral part of our business especially with a full service offering. However, there are challenges that we need to overcome and one big one is...
Why It’s Time For Lodging Brands To Adapt To Incoming AI Discoverability Dynamics
Although the tourism industry isn’t out of the woods yet with a potential recession ahead, its progress in the past four years has been positive. The international hospitality industry has slowly recovered from the long-winded effects of the pandemic — UN Tourism reported that last year, the industry reached 88%...
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,...
The Evolution of Game Development: A Journey through Innovation and Creativity
Explore the evolution of game development from simple 2D games to immersive 3D worlds. Contact Abhiwan Technology, the top game development company in Delhi, for cutting-edge game development services.
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.
Accor Plus celebrates 30 years of growth, loyalty, and unforgettable experiences
Accor Plus, the Asia Pacific region’s leading travel loyalty subscription programme, is today celebrating its 30th birthday.
