Higher hotel rates drive expectations for performance improvements - Due to strong ADR growth, STR revised the 2023 U.S. hotel forecast up to 5% growth in revenue per available room.
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Agoda unveils wholesale distribution platform for hotel partners - The Thailand-based OTA is introducing a wholesale distribution plan that will offer hotels more control over rates and distribution parameters.
Jul 3, 2023 • Hospitality
Climate change upends summer travel - Destinations once ideal for summer travel are now on the decline because of extreme heat and other effects of climate change.
Jul 3, 2023 • Travel
Los Angeles-area hotel workers strike over wages, housing - The labor dispute comes during the July Fourth holiday weekend as Southern California's busy summer travel season goes into high swing.
Jul 3, 2023 • Hospitality
FCM on AI’s potential to enhance business travel - The TMC has already piloted a solution to improve hotel data analysis using OpenAI’s platform, including extra information such as hotel quality.
Jul 3, 2023 • Travel
Morningstar expects corporate travel to recover at slower pace - Led by leisure, overall travel demand has remained resilient, supporting our long-held view that there is an ingrained human desire to travel.
Jul 3, 2023 • Travel
Travel in America is a crapshoot, and it won’t get better anytime soon - Hundreds of thousands of people who expected to travel this week found themselves stuck in an airport.
Jul 3, 2023 • Travel
KPMG: Generative AI and the labour market - Retail, hospitality, construction and manufacturing are among the jobs expected to experience “almost no impact”.
Jul 3, 2023 • Hospitality
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