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Revenge Travel is Here to Stay, Visa Study Reveals

Hospitality Net

edition of the Visa Global Travel Intentions Study, revealing emerging trends in consumer behaviors and preferences for outbound and inbound cross-border travel. Travel has surged post-COVID and there are no signs of retreating, despite rising costs. Today Visa (NYSE: V) announced the results of its 2023 U.S.

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The OTA Anxiety Trap & How Hotels Can Convert Hesitant Bookers Directly

Hospitality Net

With the abundance of options, varying prices, and the uncertainty about making the right choice, booking travel is typically a stressful experience for consumers. Travelers often worry about whether they have selected the best hotel, if the price they see is fair, or if rates will fluctuate before their stay.

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Travel Boom Spurs Record Marketing Spending by OTAs in Q1

Hotel Speak

The hospitality and travel industry is experiencing a spending surge, with online travel agencies (OTAs) like Expedia Group, Booking Holdings, Airbnb, and Trip.com Group collectively spending a record $4.08 Despite this optimism, the travel industry faces potential headwinds in the year ahead. Both companies surpassed $1.6

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Exclusive: Expedia’s lodging lead points to upswing in Asia travel as India’s growing middle-class explores

Hotel Management

trillion travel market. We know Expedia Group has valuable travel insights. What are you seeing in terms of the global travel outlook? The global travel market is currently worth US$2.3 The global travel market is currently worth US$2.3 trillion and it will probably be somewhere in the region of US$3.2-US$3.5

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How hotels can stay resilient in the face of travel disruptions

Hotel Business

by Frank Pitsikalis Travel disruptions have always presented significant challenges for both travelers and hoteliers. Extreme weather events, such as hurricanes or severe snowstorms, can ground flights and strand travelers. Unexpected and uncontrollable external events abound.

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How technology is putting choice in the hands of the traveler

Hotel Business

Today’s travelers have an unprecedented level of power when it comes to booking their trips online. With a simple search, millions of travelers can be connected to their choice of brands and experiences. Gaining a deeper understanding of the traveler experience. By Hari Nair. A marketplace in-step with guest experience .

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How can hotels stay resilient in the face of another global IT outage

Hotel Business

By Rohith Kori Recent media reports show that the recent global IT breakdown caused widespread disruption to travel plans, impacting both travelers and industry professionals. It was also reported that Delta Airlines canceled more than 4,800 flights since the outage happened. This presents several significant challenges.