Hotel Speak

JUNE 11, 2024

New consumer preferences and habits have emerged in the first half of 2024 in an Asia Pacific tourism sector which is recovering from the pandemic years in an uneven manner. Could AI bots replace tourism forecasters in universities? “We China as a destination has its challenges too. So far we’re safe,” he quipped.

Tourism 94

Tourism Forecasting Consumer Travel 94

SiteMinder

DECEMBER 4, 2023

Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. This kind of data is invaluable for hoteliers who want to analyse performance, benchmark, forecast, and plan strategically to ensure business success. The average cancellation rate is 20%.

Occupancy 59

Occupancy Hotels Revenue Average Length of Stay 59

SiteMinder

NOVEMBER 30, 2023

Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. 67% of families say that they now check cancellation policies when making travel arrangements and 47% say they now buy travel insurance.

Travel 52

Travel Accommodation Tourism Hotels 52

Social Tables

JANUARY 14, 2022

Many hospitality conferences and conventions were virtual or hybrid events , while others were forced to cancel altogether. Exchanges focus around meeting face-to-face with a wide array of vendors, buyers, and mountain tourism suppliers from around the world. MTS is broken down into two main components: The Exchanges and the Forum.

Hospitality 158

Hospitality Events Tourism Business 158

SiteMinder

SEPTEMBER 18, 2024

Operating hotels in one of the most saturated tourism markets in the Southeast means that we must always continue evolving and investing in our growth both as a brand and with our offerings to guests,” she explained. “As AI has already started to benefit our revenue management through suggested rate optimizations and trend forecasting.

Scale 52

Scale Resorts Management Business 52

Hotel Business

DECEMBER 23, 2022

This included long waits (29%), poor customer service (29%) and lost money due to canceled/disrupted plans (29%). The world’s population has spent billions on hotels, cruises, vacation rentals and package holidays every year, and worldwide travel and tourism revenues are forecasted to reach $716.8

Travel 59

Travel Cancellation Revenue Forecasting 59

Xotels

NOVEMBER 23, 2023

Hotel management handles budgeting, revenue forecasting , cost control , and financial analysis to ensure profitability while maintaining service quality. Sell and promote reservation services, answer customer questions, and support reservation amendments or cancellations. Interested in working at Xotels?

Management 40

Management Revenue Management Hotels Operations 40