Marriott lowers forecast for 2024 - The company lowered its 2024 room revenue growth forecast, citing weaker domestic travel demand in China and North America.
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Developing an AI-powered data strategy for hotels - Rather than investing time and resources to develop an AI strategy, hoteliers should start make their data strategy the priority.
Jul 31, 2024 • Hospitality
Spain's watchdog fines Booking.com €413 million - The country’s competition watchdog fined Booking.com a record 413 million euros for "abusing its dominant position" over the past five years.
Jul 31, 2024 • Hospitality
Trivago acquires stake in hotel rate aggregator Holisto - The company acquired a 30% equity interest in Holisto, which uses “split and match” technology to create novel hotel deals.
Jul 31, 2024 • Hospitality
Online platform tourism booming across Europe - In the first three months of this year, the trend of overnight stays booked through online platforms showed a strong growth compared to the same period in 2023.
Jul 31, 2024 • Hospitality
Rethinking hospitality marketing team deployment - At a time when differentiation is key, using data effectively and collaborating as a cross-functional team are key strategies.
Jul 26, 2024 • Hospitality
Accor expects its RevPAR to grow by 4-5% this year - Europe's biggest hotel group Accor expects its RevPAR to grow faster than its medium-term target this year, driven by strong performance across its regions and brands.
Jul 26, 2024 • Hospitality
How hoteliers are using technology to meet the changing needs of travelers - The strategic use of technology stacks is integral to creating unique travel experiences that resonate with modern travelers and drive revenue growth for savvy hotel operators.
Jul 26, 2024 • Hospitality
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