U.S. hotel leisure travel revenue is projected to end 2022 14% above 2019 levels, while hotel business travel revenue is expected to come within 1% of 2019 levels, according to a new analysis released today by the American Hotel & Lodging Association (AHLA) and Kalibri Labs.
Personal Finances are main barrier to travel long-haul this autumn
The European Travel Commission (ETC) and Eurail BV published the latest Long-Haul Travel Barometer (LHTB) on 3/2022, which provides insights on traveller sentiment for September – December 2022. The report reveals that the appetite for overseas travel in the last months of 2022 has improved, with Brazil (150p), Canada (136p) and the US (126p) showing the greatest rise in the sentiment index compared to summer. However, the desire to visit Europe has stagnated in key markets, showing only marginal improvements.
Shifting shape of corporate travel
A recent survey reveals the shifting shape of corporate travel: an increase in bookings, a switch to low-cost carriers, and a focus on new technology.
PATA announces PATA Gold Awards 2022 winners
During the 2022 PATA Gold Awards Ceremony held virtually on October 7, 2022, the Pacific Asia Travel Association (PATA) announced the winners of the 2022 PATA Gold Awards. Proudly supported and sponsored by the Macao Government Tourism Office (MGTO) for the last 27 years, this year’s awards recognise the achievements of 25 organisations and individuals. An in-person Gold Awards presentation ceremony will be held during the upcoming PATA Annual Summit to occur in Ras Al Khaimah, UAE (located 45 minutes from Dubai) on October 26-27.
CoStar Group acquires fairmas benchmarking
A leading hospitality benchmarking product in Germany
Partners Group and Trinity Investments sign management deal with Marriott International
Joint Venture Will Convert Four Seasons Dallas to The Ritz-Carlton Las Colinas Managed by The Ritz-Carlton
Berlin hotel performance jumped in September
Berlin’s hotel industry reported improved occupancy and all-time highs in room rates and revenue per available room (RevPAR), according to preliminary September 2022 data from STR.
Helbiz and Moovit expand partnership to outsmart congestion
With a shared vision for easier, more sustainable commutes, Moovit will display locations of nearby Helbiz vehicles to encourage riders toward car-free, multi-modal trips
Sydney recorded best hotel performance of the pandemic-era in September
Sydney’s monthly hotel performance reached a pandemic-era high, according to preliminary September 2022 data from STR.
Hospitality software frontrunner Agilysys receives three awards for mobile food & beverage
Top gaming organizations recognize Agilysys for amplifying Return on Experience (ROE) through guest conveniences, technology interconnectivity, and gaming industry expertise
