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Today's Brief
Airbnb has a new, old plan to eat into hotel business - With Airbnb Rooms, the company will promote private rooms more, highlighting lower prices relative to hotels.
May 4, 2023 • Hospitality
Tripadvisor Q1 revenue up 42% - The bulk of that revenue continues to come from Tripadvisor Core, which includes as Tripadvisor-branded hotels.
May 4, 2023 • Hospitality
Chinese tourists return with lighter wallets - Slightly more Chinese people are traveling during Labour Day festivities than pre-Covid, but spending is lower as many find cheaper ways to have fun.
May 4, 2023 • Travel
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Russian travel ban not derailing European hotels recovery - Most European hoteliers are shrugging off the impact of the Russian travel ban on hotel demand.
May 4, 2023 • Hospitality
CoStar launches next generation of STR - The company announced the launch of STR Benchmarking, a transformational market share product for the global hotel industry.
May 4, 2023 • Hospitality
Hotelbeds expands luxury portfolio to meet rising consumer demand - The company is seeing a notable rise in consumer demand for luxury travel with travelers seeking more premium experiences than ever before.
May 4, 2023 • Hospitality
Is the travel industry taking self-service too far? - Travelers don’t hate the whole do-it-yourself movement - just parts of it.
May 4, 2023 • Travel
How Tripadvisor's net commission per stay model works - The company's net commission per stay-based “CPA Meta Consumption” model complements its traditional CPC or cost-per-click model.
May 4, 2023 • Hospitality
... in case you missed it, our Daily Brief May 3, 2023
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