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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Whatever Happened to the Off-Season?
The heat, mobs and high prices of recent summers are making off-season travel more popular — perhaps too popular, some say, as they watch prices rise and crowds grow…
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Buyers Consider Changes to Mitigate 2024 Hotel Rate Hikes
Consensus says hotel rate increases will hover around 5 percent this year; buyers also see an increase in hotel nights on the horizon…
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In one destination, a night in an Airbnb costs a whopping 85% more than a hotel - but if you're travelling in a large group, a rental might be more budget-friendly…
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Greek hoteliers and major foreign tour operators are signing contracts for 2024 holiday packages with low, single-digit price increases…
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Canada hotel ADR and RevPAR reached record-highs in July
Among the provinces and territories, Newfoundland and Labrador recorded the highest July occupancy level (87.9%), which was 5.0% above 2022.
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Why the Fight Over Wages and Tipping Could Make It Even More Costly To Dine Out
If higher menu prices at your favorite restaurants are straining your budget, you’re not alone. The July 2023 Consumer Price Index data indicated a 7.1% year-to-date increase in prices for food away from home…
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European hotel prices continue rising this summer
Global hotel prices have continued to accelerate this summer led by higher rates in Europe, according to the latest data from hotel analyst STR…
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$350 a night for a hostel? Why the cost of accommodation is skyrocketing
The easing of pandemic-induced lockdowns has led to a huge spike in demand for hotel rooms as travellers rekindle their travel plans and seek out the experiences they’ve been missing.
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Inflation is making everything in our lives more expensive, but it doesn't seem to have slowed spending at pubs across the country…
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Las Vegas’ Worst Hotel Bumps Up Prices By 1380% For Grand Prix Weekend
The high-octane lifestyle of the high-rollers - Las Vegas hotels and casinos are licking their lips at the imminent influx of eager Formula 1 fans as the travelling circus rolls into town…
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Hotel revenues in Oman rise by 32% to OMR110mn
Muscat: The revenues of 3-5-star hotels in Oman stood at OMR110 million as of the end of June 2023, up by 32 per cent over the corresponding period in 2022…
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Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The White House is taking on “junk fees,” those extra charges tacked on to plane tickets, hotel rooms, hospital bills and more.
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$1,850 a day? What it costs to visit the 10 most expensive vacation destinations in the world
The travel website FloridaPanhandle.com analyzed costs in 100 popular vacation spots, looking into average prices for accommodations, transportation, food and attractions.
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Record room rates attract hotel investors
Record-high rates and revenue are attracting investor interest in Western Canada’s hotels…
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The Benefits of Hourly Hotel Bookings for Travelers
The key to a relaxing and enjoyable trip is a comfy place to rest your head each night…
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CEO plays up Airbnb's value over hotels
As hotel rates continue to climb upward, Airbnb CEO Brian Chesky said he sees opportunity for Airbnb to better compete on price against traditional lodging.
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