Despegar has been acquired - Prosus, a technology investment firm based in the Netherlands, is acquiring Latin America-based online travel agency Despegar for $1.7 billion in an all-cash deal.
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UK: Spending with travel agents continues to grow - According to the Barclays UK Year End Consumer Spend Report, consumer spending with travel agents increased by 7.5% year on year.
Jan 7, 2025 • Hospitality
McKinsey on how to build a customer-back business model in 2025 - Driving impactful digital transformation requires more than technology; it requires organizations to rethink their mindset, capabilities, and operating model.
Dec 18, 2024 • Hospitality
How guest feedback can shape hotel pricing strategies - How do you turn guest feedback into actionable strategies that inform your pricing and maximize revenue?.
Dec 18, 2024 • Hospitality
Resort fees finally declared war by new FTC rules - The FTC's final Junk Fees Rule prohibits deceptive pricing and hidden fees in live event ticketing and short-term lodging.
Dec 18, 2024 • Hospitality
Marriott plans outdoor hospitality brand - The company is acquiring a hospitality company that specializes in rural cabins as the hotel giant lays plans for an outdoor-focused lodging collection.
Dec 13, 2024 • Hospitality
Shaping the future of luxury hospitality - As hotel guests seek more personalized experiences, the industry is shifting its perspective to "delivering tailored, high-quality stays".
Dec 13, 2024 • Hospitality
PwC: 2025 UK hotel market outlook - Below-average UK GDP growth could boost inbound tourism with the UK's relative affordability for international travelers.
Dec 13, 2024 • Hospitality
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