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Today's Brief
US inbound demand expected to trail 2019 levels - Despite positive momentum in 2023, international inbound travel and domestic business travel in the U.S. are projected to remain below pre-pandemic levels in 2024.
Jan 22, 2024 • Travel
U.S. hotels posted record-high ADR and RevPAR in 2023 - The U.S. hotel industry posted its highest average daily rate and revenue per available room on record in 2023, according to STR.
Jan 22, 2024 • Hospitality
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European regulators eye Booking.com under Digital Services Act - The European Commission has taken its next step in regulating online platforms with a request for information from a number of companies including Booking.com.
Jan 22, 2024 • Hospitality
How AI could change travel in 2024 - The expanding use of AI could influence how we book online, what happens when flights are canceled or delayed, and even how much we pay for tickets.
Jan 22, 2024 • Travel
Hotels in gateway markets look to maximize international demand - Hotels are looking into source-market targeting through promotions and messaging, as well as providing preferential pricing in larger booking windows and length of stays.
Jan 22, 2024 • Hospitality
India's spending on travel set to be fourth highest globally by 2030 - The country's consumption growth is set to accelerate as ‘affluent’ Indians nearly double, according to McKinsey & Co.
Jan 22, 2024 • Travel
Hotels.com is a ‘matchmaker’ in new global ad campaign - The OTA debuted a global ad campaign, “Introductions,” that casts itself as a “matchmaker” for travelers and hotels.
Jan 22, 2024 • Hospitality
Google’s removal of third party cookies will punish independent hotel marketers - Hotels that do not have well-structured, well-centralized first-party data will be the biggest losers from the elimination of third-party cookies.
Jan 22, 2024 • Hospitality
... in case you missed it, our Daily Brief January 18, 2024
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