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Today's Brief
Mild recession to have limited effect on hotels - Rate expected to be main driver of revenue until occupancy growth returns in 2024.
Aug 22, 2023 • Hospitality
Despite fewer travelers, business travel volume projected to rise - With costs posing challenges to organizations, corporate travel managers are finding new and creative ways to reduce spend.
Aug 22, 2023 • Travel
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Where are US travelers going this fall? - A Travel Weekly survey found that cruises are the most popular types of travel for both the fall and the holiday season.
Aug 22, 2023 • Travel
July U.S. hotel rates rise, occupancy slips again - July reflected continued improvement in business and group travel, according to STR.
Aug 22, 2023 • Hospitality
Hoteliers weigh strength of leisure, business demand in budgeting for 2024 - Hotels also must address business travel demand that never returned to 2019 levels.
Aug 22, 2023 • Hospitality
How the luxury segment is leading the hotel recovery - US luxury travelers flew to Europe this summer, and Asia could be next.
Aug 22, 2023 • Travel
Leisure travelers becoming more price sensitive - As hotels increased their rates, they increased the expectations guests have for their stays.
Aug 22, 2023 • Hospitality
Five benefits of AI in hotel revenue management - AI powered revenue management systems offer hotels the ability to make data-driven decisions with unprecedented speed and precision.
Aug 22, 2023 • Hospitality
... in case you missed it, our Daily Brief August 21, 2023
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