Global News

Long-Haul Travellers to Europe become more cost-conscious

As the summer season approaches, over 50% of respondents in China, Brazil, Australia, Canada, and the US expressed optimism about travelling overseas. Among them, Europe remains a top choice for long-haul trips in May-August 2023. Nearly half of those planning to visit the region are repeat visitors, indicating Europe’s ability to cultivate a positive reputation, satisfy travellers, and entice them to return.

European travel sentiment survey
Global News

European Tourism regains lost ground despite persistent headwinds

European tourism demand entered 2023 on a strong footing despite ongoing challenges, with international tourist arrivals 18% below 2019 levels. This is according to the latest edition of the ‘European Tourism Trends & Prospects’ quarterly report from the European Travel Commission (ETC), which monitors Europe’s tourism recovery, macroeconomic developments and other major factors having an impact on the European tourism outlook.

European tourism
Properties

YOTEL debuts YOTELPAD in Europe with new opening in Stratford, London

YOTEL has today announced plans to debut its disruptive aparthotel brand, YOTELPAD, in Europe with the opening of YOTELPAD London Stratford in Q4 2023, following a long-term management agreement with the owner, Silver Mascot Limited. It will be YOTEL’s seventh property in the UK and third in London, joining YOTEL London City and YOTEL London Shoreditch.

YOTELPAD
Global News

Hyatt’s growth across Europe, the Middle East and Africa bolsters position as a global leader in luxury

Hyatt Hotels Corporation today shared that 45 percent of the properties that joined Hyatt’s system in 2022 were based in EAME markets and the region’s contribution to the Hyatt growth journey continues into 2023 through a strong pipeline with ten percent of Hyatt’s 117,000 rooms record pipeline, as of fourth-quarter earnings, expected to join the portfolio in EAME markets. Properties classified as lifestyle hotels make up nearly one-fourth of the EAME pipeline, expanding the portfolio to more sought-after leisure destinations and strengthening the World of Hyatt value proposition.

Hyatt hotels pipeline
Suppliers

IDeaS names Michael McCartan to lead growth across Europe, Middle East, and Africa

IDeaS Revenue Solutions, the world’s leading provider of automated revenue management software and services, announced today that Michael McCartan has joined the company as area vice president for Europe, the Middle East, and Africa (EMEA) effective March 2, 2023. McCartan will drive the company’s growth and expansion in one of the hotel industry’s most strategic regions.

Global News

Long-Haul travel sentiment to Europe improves despite high global inflation

 The desire for overseas travel in 2023 has increased significantly in large travel markets compared to a year ago. Over 60% of potential travellers in Australia, Brazil, Canada, China, and the US intend to travel long-haul in 2023, with Europe being top of mind. Travel sentiment to Europe in the first four months of the year has also improved, with the most notable year-over-year increases observed in China (+21 points) and Brazil (+13 points). The exception to these positive trends is Japan, with 27% of respondents enthusiastic about long-haul trips in 2023 as a whole and 13% between January and April.

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