Hotel Business

FEBRUARY 22, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Travel 102

Travel Average Length of Stay Average Daily Rate Global Distribution System 102

SiteMinder

FEBRUARY 13, 2023

Globally, a hotel’s website was more important as a source of revenue in 2022 than it was in 2019, despite hotel websites moving down SiteMinder’s Top 12 lists in 42% of countries year-on-year. Bookings via global distribution systems (GDSs) rose as business travel continued to resume with force in 2022.

Average Length of Stay 52

Average Length of Stay Travel Average Daily Rate Cancellation 52

SiteMinder

DECEMBER 4, 2023

globally next year. Hotel average daily rate (ADR) is projected to grow by 4.9% RevPar is also expected to grow, reaching an average of $93. Hotels and tourism typically make up 10% of worldwide GDP. An annual revenue growth rate of 4.2% Hotel occupancy will increase 2.5% in the next 12 months.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

JANUARY 8, 2024

From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and Tourism Tourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

JANUARY 8, 2024

From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and Tourism Tourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.

Operations 52

Operations Management OTA Hotels 52