Booking Holdings' hotel bookings finally eclipse pre-pandemic levels - The company delivered a Q4, driven by changes in its payments strategy and digital booking capabilities, notably its mobile app.
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Accor RevPar 2022 exceeds 2019 on higher rates - The company reported an “excellent” fourth quarter that lifted full-year 2022 revenue per available room above pre-pandemic levels.
Feb 24, 2023 • Hospitality
Why Airbnb fails to disrupt the hotel industry - Airbnb has disrupted the hospitality industry, and many people have wondered if Airbnb is poised to replace traditional hotels.
Feb 24, 2023 • Hospitality
eDreams Odigeo sees bookings rise 45% above pre-Covid levels - European OTA attracted more users to its Prime subscription platform, which reached more than 4.2 million in February.
Feb 24, 2023 • Hospitality
Shiji ReviewPro releases Annual Global Hotel Review Benchmark Report for 2022 - 6.1 million guest reviews across five global regions were analyzed to create a unique glimpse into the state of guest satisfaction in 2022.
Feb 24, 2023 • Hospitality
Traveler concerns about civil unrest rise - Traveler fears of COVID continue to plummet while concerns over civil unrest increase.
Feb 24, 2023 • Travel
Rich Russians continued to travel - The Middle East and Turkey have seen a rise in air traffic from Russia by not banning flights in response to its war in Ukraine.
Feb 24, 2023 • Travel
Europe anticipated to be fastest growing business travel market in 2023 - Europe’s business travel spend now accounts for approximately 20% of global spend compared to 27% in 2019, according to GBTA.
Feb 23, 2023 • Travel
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