Chinese consumers, brands ‘cautiously optimistic’ on tourism and spending - According to McKinsey’s latest China brief, retail spending continues to be higher than pre-pandemic levels, despite talk of China’s economic slowdown.
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Hyatt's business travel 86% recovered from the pandemic - Hyatt Hotels posted its fifth consecutive quarter of record results in Q2, with every business segment flying high.
Aug 7, 2023 • Hospitality
Ryanair accuses OTAs of 'malpractice' - The airline says “many OTAs” provide inaccurate passenger and payment details to the carrier making it difficult to service them.
Aug 7, 2023 • Travel
Cornell's case for consolidating the U.S. short-term rental market - Billions of dollars have flowed into tech-enabled, asset-light short-term rental operators in recent years without much success to date.
Aug 7, 2023 • Hospitality
U.S. hotel industry growth slows in Q2 - Hotel fundamentals softened in Q2, largely due to a 1.5% year-over-year drop in occupancy.
Aug 7, 2023 • Hospitality
Tourists go home! - Many popular destinations in Europe are swapping their ‘come-to-us’ tourism campaigns for ‘please-don’t’ anti-tourism strategies.
Aug 7, 2023 • Travel
Powerful hotel pricing strategies to boost revenue - A collection of powerful pricing strategies designed to skyrocket revenue and maximize profits at your hotel.
Aug 7, 2023 • Hospitality
Airbnb forecasts upbeat revenue - The company continues to see signs of travelers returning to cities, historically one of the strongest areas of its business.
Aug 4, 2023 • Hospitality
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