Oman sees hotel revenue rise by 26.4% thanks to European-led tourist surge
RIYADH: European travelers to Oman helped fuel a 26.4 percent rise in hotel revenue in the first nine months of 2023, official data has revealed…
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Dubai Airshow and COP28 push hotel bookings
WASHINGTON – Dubai’s hotel industry has seen a noticeable jump in occupancy on the books as the market prepares to host the Dubai Airshow and COP28, according to CoStar‘s Forward STAR data…
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Dinner tonight? Restaurant industry hits record turnover in Denmark during 2023
Denmark’s restaurants are doing a roaring trade, while huge numbers of new hotels are opening and tourists are pouring in…
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September heatwave boosts hotel demand
ADR and RevPAR increased to near pre-pandemic levels for both London and across the country as people made the most of the Indian summer…
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Expedia Group Reveals the Travel Trends Poised to Shape 2024
Expedia Group—which includes popular travel brands such as Expedia, Hotels.com and Vrbo—has unveiled Unpack '24, a comprehensive analysis revealing what’s motivating travelers and where they’re going next year…
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Hyatt CEO excited about growth possibilities for all-inclusives
CANCUN, Mexico -- The Apple Leisure Group acquisition in 2021 has been a transformative one for Hyatt, catapulting the company into the all-inclusive space…
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Hyatt Hotels Corp. President and CEO Mark Hoplamazian said the company is benefiting from strong demand across different demand segments, with signs that both business travel and groups are coming back strong…
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Gen Z shapes hospitality towards a more digital and environmentally aware industry
As of now, Baby Boomers are still the biggest spenders in tourism. However, Gen Z is catching up and will continue to do so as they start or advance in their career…
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Consumer sentiments and the thriving face of hospitality industry
Customers are looking for businesses committed to protecting the environment with sustainable practices - RevPAR is expected to remain at a 20-25% discount to the FY2008 peak…
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Expedia CEO Sees Few Signs of Travelers Slowing, Trading Down
Online Travel Agency Completes Multiyear Migration of Brands, Loyalty Program - Overall travel demand remained solid during the third quarter with little sign of consumers pulling back, Expedia Group’s chief executive said…
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EU sees increase of tourist bed places in 2022
In 2022, the EU had an estimated total of 28.9 million bed places available across more than 620 000 tourist accommodation establishments. Data showed a complete recovery in terms of tourism accommodation offers in 2022…
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The hotel occupancy rate is only 45%. Is there room for increase?
That’s how it’s held administration General Manager of Peruvian Hotel Association (SHP), Tibisay MonsalviPointing out that this situation responds to a series of factors that have occurred since the beginning of the year and are still present…
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Tourists to Spain Spent 2 Million More Overnights Stays in September 2023 Than Last Year
The latest data from the National Institute of Statistics of Spain (INE) reveal that overnight stays in the country’s hotel establishments increased by 5.8 per cent in September of this year compared to the same month in 2022…
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Austria Witnessed 72.3 Million Overnight Stays During Summer Season 2023
Austria saw 72.3 million overnight stays in its accommodation establishments from May to September of this year, data from Statistics Austria reveal…
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Slovenia Records 1.6 Million Overnight Stays in September, 8% More Than Last Year
Data from the Statistical Office of Slovenia revealed that September of this year recorded approximately 668,000 arrivals in tourist accommodation establishments and nearly 1.6 million overnight stays…
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Displaced citizens fill hotels as Israel tourism grinds to a halt
Israel's resort town of Eilat, normally teeming with divers, beachgoers and travelers en route to Petra, is today full of displaced Israelis from parts of the country that have been under attack during the ongoing war with Hamas…
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Hotelbeds launches new group brand
Hotelbeds has launched its new group brand, HBX Group…
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Indian Hotels Company net profit rises 37% in Q2
Q2 net profit stood at ₹167 crore, compared to ₹121.5 crore last year - Indian Hotels Company Limited (IHCL), which owns and operates Taj hotels, posted its sixth consecutive strong performance with 37 per cent year-on-year growth in net profit in…
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