Labor costs kept U.S. hotel GOPPAR down in June - U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month.

Aug 9, 2023 • Hospitality

Europe’s key hotel markets report highest GOPPAR of 2023 - Among the key markets, Paris posted the highest GOPPAR level, which was a 105.8% increase over May and 40.8% year-over-year.

Aug 9, 2023 • Hospitality

IATA: European air traffic hit 92% of 2019 level in June - Global air passenger traffic returned to 90% of the 2019 level in June and to just above 92% in Europe, according to latest Iata figures.

Aug 9, 2023 • Travel

Hospitality industry witnesses the Gen-Z influence - As the first generation of digital natives, Gen Z places significant importance on seamless online communication and connected experiences.

Aug 9, 2023 • Hospitality

Rising prices for travel do not appear to be curbing wanderlust - The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year.

Aug 9, 2023 • Travel

Hotels hold pricing power in corporate negotiations - New research from the Global Business Travel Association shows hoteliers currently hold more power in negotiations than buyers.

Aug 9, 2023 • Travel

The digital landscape and travel content consumption - Content consumption habits have changed in recent years, partly due to the complexity of the digital travel landscape.

Aug 8, 2023 • Marketing

Many new luxury hotels are springing up in London - An influx of high-end openings is poised to catapult the city's luxury sector to new heights.

Aug 8, 2023 • Hospitality