The occupancy rate also fell by 12 percent in the January-September period compared with the first nine months of 2022 to 59 percent, she added. The average daily rate (ADR) at Turkish hotels dropped by 1.5 percent from September 2022 to 139 euros…
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Hotel prices raise the ceiling
HOTEL prices have soared in Andalucia with Marbella leading the way. The hotel sector is experiencing a significant increase in prices, pushing the region to the centre of luxury and exclusivity in tourism…
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Hotel occupancy rates at 90% - Greek hotels achieved occupancy despite their increased prices
Despite their increased prices, Greek hotels achieved occupancy rates this summer that in many cases exceeded 90%…
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Singapore hotel average rates to rise by 7.5% in 2024
As a regional hub for business and tourism, demand growth for SG hotels will continue to increase…
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Seven Strategies to Prepare for Your Hotel for a Major Event
Written by: Tracy Dong, Principal Industry Consultant, IDeaS - Major events have returned to Asia…
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Hotel rates likely to continue upward trajectory in 2024 despite softening of leisure travel demand
Hotel rates likely will continue to rise in most locations globally during 2024 despite an expected softening of leisure travel demand, according to new forecasts from the consulting team at American Express Global Business Travel (Amex GBT), the…
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These Are the Cities Where Hotel Prices Are Rising Fastest
Several cities are expected to see hotel prices climb by more than 15% in the next year—even as leisure travel demand starts to soften…
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Report forecasts higher hotel rates due to lack of competition
The report predicted Dublin hotel room rates will grow by 10% next year, almost at the same pace as hotels based in some of Europe’s most popular travel destinations including Paris and Amsterdam…
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SURVEY - Union’s proposed homeless policy will deter 72% of Americans from booking LA hotel rooms
WASHINGTON – More than seven in ten Americans would be deterred from booking a hotel room in Los Angeles if hotels there are forced to house homeless people next to paying guests…
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Brace for impact: Flight costs expected to surge as Israelis flock to U.S. after VWP
New York is expected to be the most popular destination with up to six daily flights from Israel…
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As the nation started its National Day “golden week” vacation, China outlined a strategy to strengthen the tourist sector and attract more foreign visitors by restoring visa-free rules and making travel and payments simpler…
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Hotel demand to grow in double digits with high rates, occupancies: CEO of Chalet Hotels
The strength of travel indicated to everyone that the travel industry in India is very resilient: Sanjay Sethi, Chief Executive Officer of Chalet Hotels…
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Airbnb cracking down on high fees, fake listings, removes 59,000 so far this year
Fake listings have emerged as a major problem for Airbnb, threatening to scare off consumers and prompting the short-term rental service to use AI in an effort to crack down on fraudsters…
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Some upsell revenue is better than others. A guide to where you are really making money
Upselling offers one of the most effective, proven ways to increase a hospitality organization’s income by selling to someone who is already your customer…
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Google's AI adds new capabilities in travel planning
Google is doubling down on travel, enabling Bard, its generative artificial intelligence (AI) model, to offer far more ways to help users plan their trips…
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HotelREZ Hotels & Resorts CEO – Mark Lewis
HotelREZ Hotels & Resorts is one of the world’s largest, yet tailored, companies dedicated to marketing and connecting independent hoteliers with bookers around the world. CEO Today caught up with its dynamic CEO Mark Lewis…
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Hotel prices skyrocket in Ahmedabad ahead of the ICC World Cup
Digital travel platform Agoda has reported a 1,702% surge in searches for stays in Ahmedabad…
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Algarve Average Hotel Occupancy In August 2023 Down Compared To 2022
THE hotel industry in Portugal’s Algarve region recorded a drop of 2.3 per cent in August 2023 compared to the corresponding month of last year…
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