Hotels rethink rate strategies - Consumers are no longer buying on impulse when it comes to booking travel and are willing to shop around more.
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US consumers send mixed signals in an uncertain economy - With inflationary pressures and a tight labor market, a new McKinsey survey shows that shoppers sometimes feeling and acting in contradictory ways.
May 2, 2023 • Travel
How Britain has become the top destination for US bleisure invasion - American visitors to the UK have risen sharply in number – and it may be because they are choosing to mix business with leisure.
May 1, 2023 • Travel
Hyatt acquiring Mr and Mrs Smith - Hyatt Hotels is set to acquire the Mr & Mrs Smith curated hotel booking platform and travel club for about $66 million.
May 1, 2023 • Hospitality
Hilton taps HotelKey for property management tech - The company is outsourcing its property management system to the tech company, replacing legacy systems at all 7,000 of the hotels under its brand.
May 1, 2023 • Hospitality
Prioritize opportunities when implementing attribute based room pricing - As all aspects of properties are being considered when defining “success”, how can we best optimize revenue and experience?.
May 1, 2023 • Hospitality
Accor expects full occupancy rebound early next year - Accor’s hotels had an average occupancy of 60% in the first quarter. That was 4.5% points below its 2019 level.
May 1, 2023 • Hospitality
22% jump in airfares expected as airlines tackle climate change - Sustainable aviation fuel could help with up to a 65% carbon emissions reduction, but the cost will have to be borne by consumers.
May 1, 2023 • Travel
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