The global pipeline has been ascending for nine consecutive years after reaching its cyclical low, by rooms, in 2010. Four of the seven regions of the world continue to have pipelines trending upward, YOY.
European hotels end 2019 on stellar profit performance note
The year ended on a strong note, represented by a fourth consecutive month of year-over-year profit growth on a per available room basis.
SiteMinder delivers its 100 millionth hotel booking of 2019
The booking for a one-night stay at Hotel Chelsea in Köln, Germany, completes another monumental year for SiteMinder which also saw the independent, privately-owned company surpass AU$100 million in annual recurring revenue in May.
HotelTonight unveils 2019 booking trends report
HotelTonight is unveiling its 2019 trend report, featuring first-party data from the booking platform that offers travelers seamless, on-demand accommodation for some of the world’s top boutique and independent hotels.
Agoda reveals most popular places for New Year’s Eve
Agoda.com reveals destinations of choice for NYE as well as overall top destinations for 2019.
NextGuest Wins 9 HSMAI Adrian Awards for 2019
NextGuest has been honored with nine Hospitality Sales & Marketing Association International (HSMAI) Adrian Awards for 2019.
Expedia reveals best time to book flights for the 2019 holiday season
Data highlights how far in advance to book airfare, best dates to travel and other tips to help travelers plan ahead and save.
Accor releases first-half 2019 results
Sébastien Bazin, Chairman, and CEO of Accor: “Once again, Accor reported another semester of solid results, in line with its objectives set for the medium term.”
Five challenges confronting meetings industry in 2019
Time pressures, budget limits, creativity concerns cited as major challenges. @TeneoHG
European hotel market: forecast for 2019
Solid tourism and business fundamentals to attract international capital, notably from Asian investors. @JLL