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Today's Brief
Hotels hold pricing power in corporate negotiations - New research from the Global Business Travel Association shows hoteliers currently hold more power in negotiations than buyers.
Aug 9, 2023 • Travel
Mobile biggest strategic focus area for OTAs - In 2023, more than half of OTA gross bookings are projected to come from mobile, according to new Phocuswright data.
Aug 9, 2023 • Hospitality
Labor costs kept U.S. hotel GOPPAR down in June - U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month.
Aug 9, 2023 • Hospitality
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Asia Pacific: The next generation of travel - New findings from Klook’s Travel Pulse survey highlight a transformative phase in the way Millennials and Gen Z travelers approach holidays.
Aug 9, 2023 • Travel
Europe’s key hotel markets report highest GOPPAR of 2023 - Among the key markets, Paris posted the highest GOPPAR level, which was a 105.8% increase over May and 40.8% year-over-year.
Aug 9, 2023 • Hospitality
Rising prices for travel do not appear to be curbing wanderlust - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year.
Aug 9, 2023 • Travel
IATA: European air traffic hit 92% of 2019 level in June - Global air passenger traffic returned to 90% of the 2019 level in June and to just above 92% in Europe, according to latest Iata figures.
Aug 9, 2023 • Travel
Hospitality industry witnesses the Gen-Z influence - As the first generation of digital natives, Gen Z places significant importance on seamless online communication and connected experiences.
Aug 9, 2023 • Hospitality
... in case you missed it, our Daily Brief August 8, 2023
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