Six factors hoteliers should watch in 2024 - Although many economists have predicted that the U.S. will avoid a recession in the next 12 months, real gross domestic product is predicted to increase by just 1.5 percent in 2024.
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Mastercard and Booking.com streamline payments for travel partners - Through a new partnership, Mastercard and Booking.com are simplifying business-to-business payments, leveraging Mastercard’s virtual cards.
Jan 26, 2024 • Hospitality
Hotel direct booking share falling as OTAs bid heavily for greater market share - The battle for direct bookings has entered a new phase as online travel agents ramp up efforts to establish ownership of hotel guests and their booking journeys.
Jan 26, 2024 • Hospitality
Oracle Hospitality to offer ‘unified’ hotel tech system - One of the largest players in hotel tech is selling what it says is a simplified system for hotel tech operations.
Jan 26, 2024 • Hospitality
European Hoteliers look at urban resorts amid shifts in work-life balance - In the past, the high performance of resort hotels in traditional leisure destinations left nothing to be desired.
Jan 26, 2024 • Hospitality
Online check-ins and revenue beyond hotel rooms soar - Nearly 20% of guests checked in online, and one in five hotels diversified revenue by monetizing spaces beyond hotel rooms, according to new Mews data.
Jan 25, 2024 • Hospitality
Hyatt teams up with MasterClass and Headspace - Bolstered by guest demand, Hyatt’s “Be More Here” campaign aims to provide unique well-being amenities, including in-room education and relaxation content.
Jan 25, 2024 • Hospitality
Technology enables new approach to revenue management in 2024 - Hotel revenue managers are going to have more tools at their disposal this year, as they navigate the changes in the hotel industry and prepare for an influx of business and group guests.
Jan 25, 2024 • Hospitality
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