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Today's Brief
Rapid transition to online bookings in the coming years - The global travel market is forecasted to grow 6-10% annually through 2026, with online bookings expected to reach 65% of all travel by 2026.
Sep 23, 2024 • Travel
Global business travel costs moderating in 2024 - Latest research from CWT and GBTA reveals that while costs will continue to rise, the pace of these increases will be notably slower through 2024 and into 2025.
Sep 23, 2024 • Travel
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Key features to evaluate in a booking engine
Kickstart your success by exploring our expert-curated infographic, offering an insider’s perspective on the pivotal features every hotel booking engine needs.
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U.S. Hotel Performance for August 2024 - Among the Top 25 Markets, New York City experienced the highest occupancy level (+5.2% to 87.3%).
Sep 23, 2024 • Hospitality
What’s driving luxury travelers in 2024 - According to McKinsey, demand for luxury tourism and hospitality will grow faster than for any other travel industry segment.
Sep 23, 2024 • Hospitality
The travel industry lags on payment trends - A strong focus on educating the industry about alternative payment methods and trends is critical to reducing costs, improving the customer experience, and speeding payments.
Sep 23, 2024 • Hospitality
Sabre Hospitality is for sale ... again - Sabre’s hotel tech unit is up for sale, two years after a similar effort failed to yield a deal, with private equity firms expected to be among the potential buyers.
Sep 23, 2024 • Hospitality
... in case you missed it, our Daily Brief September 20, 2024
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