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Today's Brief
Fall business travel nears 2019 levels - Business travel international flight bookings for September to November trail 2019 levels by less than 10%, the best showing since that year.
Jun 7, 2023 • Travel
Hotel CEOs loving limited rooms and high prices - Many travelers complain about today’s hotel prices. For the last six months, prices in Paris are 50% and in London 30% above 2019 levels.
Jun 7, 2023 • Hospitality
Google's AI to power virtual travel agent from Priceline - The OTA aims to debut a more sophisticated chatbot for planning trips and hotel suggestions that are like "a personal concierge" tailored to users.
Jun 7, 2023 • Travel
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Trends to watch in global hotel distribution - The hotel distribution landscape is facing potential transformation, driven in part by the entry of fintech and big banks.
Jun 7, 2023 • Hospitality
Marriott sees experiences as lure to boost hotel loyalty program - Points as a form of loyalty isn't for everybody, as rewards are not always immediately accessible - but Marriott is looking to change that.
Jun 7, 2023 • Hospitality
US hotel developers run out of cash as construction lending dries up - Financial stress on regional banks has forced developers to postpone projects or find other creative ways to raise capital.
Jun 7, 2023 • Hospitality
How to maximize revenue at any size hotel - Generating additional non-rooms revenue isn’t reserved exclusively for high-end, full-service properties with lots of space to activate.
Jun 7, 2023 • Hospitality
OTAs Q1 marketing spending shows wide variance - Along with spending a far smaller percentage of its revenue on marketing, Airbnb called out different strategic goals than both Booking.com and Expedia.
Jun 7, 2023 • Hospitality
... in case you missed it, our Daily Brief June 6, 2023
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