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Today's Brief
STR forecasts lower growth for U.S. hotels
- STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast.
Aug 11, 2023 •
Hospitality
The business travel industry is at a tipping point
- 90% of travel decision makers agree that today's growing hybrid/remote workforce will significantly increase the amount of business travel.
Aug 11, 2023 •
Travel
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Global business travel costs expected to remain high through 2024
- However, prices seem to be levelling off with much milder increases projected over the next 12 to 18 months, according to a new CWT/GBTA forecast.
Aug 11, 2023 •
Travel
Texas sues Booking.com
- The lawsuit claims the OTA leaves mandatory fees out of the prices it advertises, presenting falsely lower rates to prospective guests.
Aug 11, 2023 •
Hospitality
China resumes group tours to over 70 countries
- Surge of tourists making inquiries to travel agencies, which are adding new travel options for the newly opened countries.
Aug 11, 2023 •
Travel
OTAs step up row with Ryanair
- The dispute is the latest in a long-running battle between Europe’s largest airline and some of the region’s leading OTAs.
Aug 11, 2023 •
Hospitality
Booking.com hosts still don't get paid
- Thousands of hosts across the world are suffering delayed payments, with some not having received payment since June.
Aug 11, 2023 •
Hospitality
AI in Hospitality: The Guide to successful implementation
- As AI reshapes the hospitality industry, hoteliers must understand its potential, and gain knowledge and insights to harness its transformative power.
Aug 11, 2023 •
Hospitality
... in case you missed it, our
Daily Brief August 9, 2023
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