International hotel performance drops in China: Is business travel to blame?
Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.
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Much-hated hotel feature that’s being rolled out across resorts – especially in smaller rooms
Wanting to use the bathroom on holiday in privacy could soon be a thing of the past. A rising number of hotel rooms are ditching the bathroom door entirely - and it's because rooms are getting smaller…
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Group business comes in many forms - corporate, sports, entertainment, government, religious, etc. - and it is an essential piece of hotel sales…
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Hotel Room Rates Projected to Increase Worldwide in 2024
Global hotel rates are expected to increase by 6.8 percent on average in 2024, according to the latest outlook published by BCD Travel…
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Looking more closely at the reasons for changing attendance, 38% of corporates and 51% of associations/not for profits say the challenge is delegates’ unwillingness to travel long distances…
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17 IMPORTANT BUSINESS TRAVEL STATISTICS IN 2023 (U.S. & WORLD)
You may have thought the global pandemic ended the need for business travel. It’s certainly true that a great deal of meetings were conducted virtually…
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Building Upon the Award-Winning Green Stay Initiative, HRS Continues to Open Doors for Sustainable Corporate Lodging via the New Emissions Compensation Program…
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4 new trends shaking up business travel in South Africa
Global travel analysts have highlighted that South Africa’s corporate travel scene has changed due to a combination of post-pandemic challenges, load shedding, and rising inflation…
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Hotel RFPs: The negotiating outlook for 2024 rates
Credible data and only moderate rate increases put a new spin on rate negotiations - As travel buyers make the traditional late-summer start to their annual hotel negotiations (a process still undertaken by 84 per cent of travel managers, according…
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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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Corporate procurement leaders cite challenging travel market dynamics
COLOGNE, GERMANY & ALEXANDRIA, VA – With flights to key corporate destinations mostly full and hotel rates stubbornly high, corporate travel and procurement leaders are faced with a uniquely challenging environment as negotiations with suppliers for…
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