Travel networks could be the next wave of commerce media - Although it represents only 2.6% of total digital ad spend, travel ad spend will grow through 2026, potentially spurred by new travel media networks.
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The shifting landscape of travel bookings - Direct bookings are on the rise as travelers prefer supplier websites to OTAs, requiring hotels to create a compelling direct booking experience and offer exclusive deals.
Sep 4, 2024 • Hospitality
U.S. RevPAR to increase by 1.4% in 2024 - Lodging Analytics Research & Consulting expects U.S. hotel RevPAR to grow 1.4% to $99.56 in 2024, driven by a 1.8% increase in ADR to $158.65 and occupancy declining slightly by 0.3% to 62.8%.
Sep 4, 2024 • Hospitality
Hotel management agreement trends in Asia Pacific - Hotel management contracts are becoming longer, management fees have decreased over the past five years, while sales and marketing fees have increased across Asia Pacific.
Sep 4, 2024 • Hospitality
Holiday disruption at US hotels as 10,000 workers strike - Dozens of U.S. hotels faced disruptions during Monday's busy Labor Day public holiday as over 10,000 workers went on strike after contract talks stalled.
Sep 3, 2024 • Hospitality
Global hotel rates starting to rise ‘more moderately’ - Hotel prices in key global business travel cities are now rising at a "more moderate rate" than in the past two years, according to the latest data from HotelHub.
Sep 3, 2024 • Hospitality
The golden age for online travel product managers - Integrating generative AI into online travel services opens up tremendous opportunities to innovate.
Aug 28, 2024 • Hospitality
Competition for experiential travelers intensifies - Travelers are chasing experiences when planning their trips, and hotels are competing with other lodging providers to deliver those experiences.
Aug 28, 2024 • Hospitality
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