ITB Asia, ‘Asia’s Leading Travel Trade Show’, is set to deliver another year of thought-provoking and inspiring content to industry practitioners as part of its conference programme. Themed ‘Bold Thoughts, Bold Moves’, the conference will bring together thought leaders from across the MICE, Leisure, Corporate, and Travel Tech sectors for high-level discussions on the trends that […]
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The U.S. hotel industry reported mostly positive results in the three key performance metrics during Q2 2019, according to data from STR. In a year-over-year comparison with Q2 2018, the industry posted the following: Occupancy: -0.1% to 70.0% Average daily rate (ADR): +1.2% to US$133.01 Revenue per available room (RevPAR): +1.1% to US$93.17 “Despite that […]
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The increase in mobile traffic and the importance of meta-searchers are some of the challenges that the hotel industry must face in order to enhance its direct channel and be able to respond to an always connected user. This has been revealed at an event held at The Pyramid Grand Hotel in Cancun (Mexico) and […]
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Online rental platform Airbnb injected 1.4 billion US dollars into the Greek economy in 2018, it said in statistics released for over 30 countries. According to Airbnb, the rentals benefit the local society at large where owners live, as they promote local activities, places to see, restaurants, bars, cafes, and neighbourhood history. A company analysis […]
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Marking its significant contribution to the Eastern Mediterranean, Celestyal Cruises was awarded at the Mare Nostrum Awards with the first prize, in the category “Cruise Line with the Greatest Commitment to the East Med Region’’, based both on its overall contribution, as well as its commitment to the development of the cruise industry in the […]
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Ryanair celebrated the opening of its two new Greek airports as the first flights on its Preveza-Aktion service to Budapest and Kavala service to Poznan take off. These two new routes will operate weekly, with Preveza-Budapest operating each Monday, and Kavala-Poznan operating each Wednesday. Ryanair’s extended Greece summer schedule will deliver 5.6m customers p.a. and […]
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Europe’s hotel industry reported positive results in the three key performance metrics during May 2019, according to data from STR. Euro constant currency, May 2019 vs. May 2018 Europe Occupancy: +1.4% to 74.9% Average daily rate (ADR): +2.9% to EUR116.38 Revenue per available room (RevPAR): +4.3% to EUR87.22 Local currency, May 2019 vs. May 2018 […]
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Hotels in the Asia Pacific region reported positive results across the three key performance metrics during May 2019, according to data from STR. U.S. dollar constant currency, May 2019 vs. May 2018 Asia Pacific • Occupancy: +0.4% to 68.5% • Average daily rate (ADR): +1.1% to US$96.53 • Revenue per available room (RevPAR): +1.5% to […]
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ICCA today published its country and city rankings by estimated total number of participants as part of its public abstract of the 2018 Statistics Report, offering an alternative perspective on the growth of the association meetings market. In a continuation of annual trends in 2017, Barcelona and U.S.A. take the top spots these rankings. The […]
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Hotel prices in the majority of European cities witness an increase in average rate for a standard double room in June, along with some other major cities all around the world as listed on the trivago Hotel Price Index (tHPI), reported by global hotel metasearch trivago.com Madrid sees this month’s sharpest rise in hotel prices […]
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