Leisure travelers becoming more price sensitive - As hotels increased their rates, they increased the expectations guests have for their stays.

Aug 22, 2023 • Hospitality

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

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

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

Wego's focus on the Middle East is paying off - Singapore-based Wego has shifted its geographic focus, with the MENA region becoming its priority in the last decade.

Aug 21, 2023 • Hospitality

US hotels focus on margins in first half of 2023 - Hotels saw general pressure on profit margins in the first half of 2023, with GOP margin falling by 1% point compared to the same period in 2022.

Aug 21, 2023 • Hospitality

Engaging pet owners on your hotel website - Surprising statistics reveal that more than half of travelers worldwide now take their pets with them when they holiday.

Aug 21, 2023 • Hospitality