Eurowings Expands Its Scandinavian Flight Offerings
In response to growing demand, Eurowings nearly doubles its flight portfolio to Scandinavia in 2024, offering 24 routes to destinations in Sweden, Norway, Denmark, and Finland from Germany.
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Accor CEO: 'I Was Wrong' on Predicted Corp. Travel Cuts
Two years ago, Accor Group chairman and CEO Sébastien Bazin joined the pandemic-era chorus of executives who predicted corporate travel would never fully recover to 2019 levels, thanks to the growing acceptance of remote conferencing tools…
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The new normal, travel companies temper expectations for 2024
The buzzword from travel companies for 2024 is "normal."…
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Central bank - Foreign tourists spend €1.2 billion in Estonia in 2023
Nearly 4 million foreign tourists visited Estonia in 2023, spending a combined €1.23 billion while in the country, according to the latest statistical release published by the Bank of Estonia…
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ETIHAD REPORTS JANUARY 2024 TRAFFIC STATISTICS
Etihad Airways, the national airline of the United Arab Emirates, has published its preliminary traffic statistics for January 2024…
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What Happens at Hotels When Laws Restrict Airbnbs?
In New York, small and budget hotels — competitors to short-term rentals — raised prices. What business owner hasn’t had this dream: Government steps in and constrains the competitor that has been beating your brains out for years…
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Hotel Investing Remains Cheap as Sector’s Recovery Continues, per Analyst
Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates…
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Gaza war paralyses Israeli tourism for third year
In Israel's biblical city of Nazareth, the basilica is empty, restaurants and shops that usually thrive on Christian pilgrims are closed, and many hotels have been shut for months…
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U.S. hotel profitability gains led by full-service chains, major markets
Overall, 14 of the top 25 markets reported double-digit increases in GOPPAR. Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S…
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Hotel prices rise most in Antalya last year
Antalya, Türkiye’s famous holiday destination, led the increase in hotel prices last year, according to the data from the Hotel Association of Türkiye (TÜROB)…
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MACAU HOTEL OCCUPANCY IN 2023 GROWS TO 81.5% AMID SURGE IN VISITORS ARRIVALS
Hotel occupancy in 2023 went up by 43.1 percentage points year-on-year to 81.5% amid economic recovery following border reopening in January 2023…
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Return-to-office traffic is fueling a catering boom in 2024
Chains like Cracker Barrel, BJ’s and Wings & Rings will continue to lean into the profitable channel this year after seeing double-digit growth in 2023. From office settings to private events, catering demand is growing dramatically…
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THAILAND’S HOTEL INDUSTRY WILL ADD 10,000 ROOMS BY 2024
The Thai hotel industry is expected to grow by around 10,000 new rooms in 2024, according to Jasper Palmqvist, senior director for Asia Pacific at STR Global, a global provider of data, analytics, and marketing for the hospitality industry…
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Thai hotel investments accelerate and Inflows approach pre-pandemic levels
Hotel investment in Thailand is ramping up at the same rate as prior to the pandemic, driven by more hotel conversions and an increase in lending among banks, based on an optimistic tourism industry, according to hospitality consultant C9…
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Norwegian soars: 1.3M December passengers, expansion In 2024
During December, Norwegian experienced a surge in passenger numbers, exceeding 1.3 million travelers with a robust load factor of 83.6%, marking a significant 6 percentage point rise from December 2022…
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Paris Hotels Triple Rates for 2024 Olympics - Opener, Study Finds
Hotels in Paris are tripling their prices to over €1,000 on average for the opening night of the 2024 Olympic Games, according to a study by consumer organisation UFC-Que Choisir…
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Olympic Night will see exorbitant hotel prices in Paris
As the Olympic Games for 2024 draw near, hotels in Paris decide to increase their rates. The hotel rates will surge exponentially during opening night for Olympic games in Paris…
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50%-75% decrease in hotel occupancy rates after Gaza war
A recent report by the World Bank, regarding the Israeli Occupation’s aggression against the Gaza Strip, revealed that the potential economic impacts on the Jordanian economy will be significant as the war widens, directly affecting the tourism…
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