booking trends
Digital Trends in Accommodation: Hotels, Booking.com and DMA
HOTREC | July 8, 2024
The European hotel industry has long been warning of unfair business practices from OTAs. Competition and collaboration are crucial for the hospitality sector, but create challenges that impact prices, operations, and guest experiences. As the largest OTA, Booking.com is now a gatekeeper platform under the DMA. The dominant platform will finally have to comply to the new digital rules. This should allow hotels to offer better prices on their own distribution channels. The results of our 2024 Hotel Distribution Study confirm the need for new digital rules that will ensure fair competition in the hotel accommodation sector. The findings...
Hotels Benefit as Travelers Plan Further Ahead, Says Cloudbeds
Cloudbeds | April 30, 2024
Hospitality management platform Cloudbeds has found travellers were booking accommodation further in advance in 2023 across all regions, except in North America. The findings, revealed in Cloudbeds’ 2024 ‘State of Independent Lodging Report’, indicate that the average booking window – i.e. the number of days prior to arrival when travellers reserve a room – increased relative to the previous three years in Europe, LATAM and the Asia-Pacific region. At 46 days, Europe had the longest average booking window of the four regions – an increase of six days over 2022. In Latin America and Asia Pacific, booking windows were much shorte...
10 Booking Trends & Stats That Every Hotelier Should Know to Drive Guest Experience and Revenue in 2024 and Beyond
Andrew Rubinacci | April 3, 2024
By Andrew Rubinacci Many of us grew up on the precipice of a new digital era, an inflection point after which innovations seemed to multiply to uncover possibilities that our younger selves might have dismissed as fit for a more distant future—if we imagined them at all. In 2024, innovation seems to be waiting around every corner, and no industry is exempt from its influence and subsequent transformation. The hospitality industry is now in an undeniably important state of flux: a widespread upheaval of legacy processes and platforms to make room for big tech and big ideas. Although hotel service will always have traditional roots and ...
Amadeus Extends Partnership Agreement With Hilton for Business Intelligence Solutions
amadeus | November 2, 2023
Amadeus will continue to supply Hilton with data insights from Demand360+®, Agency360+®, and Revenue Strategy360TM For hoteliers today, having a clear picture of performance for the coming months is essential to understand booking trends and stay ahead in a competitive industry. To address this need, Amadeus and Hilton have extended their partnership agreement to provide Hilton access to Amadeus’ comprehensive hospitality industry data, including historical and 12 months of forward-looking market insights to power revenue management strategies. Additionally, Amadeus will continue to be the exclusive provider of forward-looking booking...
Out of Autopilot and Into Our Best Life: Booking.com Shares Its Seven Predictions for Travel in 2024
October 19, 2023
The leading digital travel platform’s most extensive travel predictions research to date foresees travel as the primal pulse of life in the year ahead AMSTERDAM, 19 OCTOBER 2023 – As 2023 enters its final months and 2024 optimistically appears on the horizon, numbness and detachment loom as a result of the perma-crisis, including increased cost-of-living and climate change concerns. People around the world have emotionally checked out of the news agenda and events at home in order to take a much-needed breather. Where in years past travel has been a means to escape life, Booking.com is releasing research that shows that travel is ...
TravelBoom Releases 2023 Leisure Travel Trends Study
TravelBoom | July 26, 2023
Study reveals customers are making up for lost time. MYRTLE BEACH, S.C., July 26, 2023 -- TravelBoom, the leading data-driven digital marketing agency for hotels, resorts, and vacation rental companies, released its annual Leisure Travel Trends Study after recently surveying approximately 2,000 travelers in 2023. The findings uncover the influence of an ever-changing economy on travel choices, increases in online bookings, an increased frequency of vacations, and the most sought-after amenities when booking. The study explores the step-by-step process travelers undergo when navigating a selection of locations, planning, and booking a vac...
Two-Thirds of Travelers Agree the Best Getaways Are Spontaneous
Motel 6 | April 20, 2023
DALLAS, April 20, 2023 -- As temperatures begin to rise, travelers are getting the urge to explore, and new research shows they're acting on that spur-of-the-moment travel bug. Recent data from leading economy lodging brands, Motel 6 and Studio 6, reveals that two out of three (67%) Americans with travel plans this year say that the best trips are spontaneous and decided on a whim. The study, which surveyed over 2,000 Americans who plan to travel this year also found that almost three-quarters (73%) would be willing to visit a surprise destination. "Taking a last-minute getaway is a great way to add some joy into your life," said ...
Report: Tripadvisor Releases Seasonal Travel Index of 2023 Outlining Traveler Sentiment
Tripadvisor | March 7, 2023
Two-thirds of travelers surveyed planning trips between March and May 2023 Half (50%) plan to spend more this upcoming season, compared to the same period last year Almost half (45%) will travel the same amount, while two in five 41% plan to travel more Major cities - including Paris, London, New York and Rome - dominate the list of top global destinations NEEDHAM, Mass., March 7, 2023 -- Tripadvisor®, the world's largest travel guidance platform, releases its first Seasonal Travel Index of 2023, providing an outlook for travel patterns and demand over the next three months. Overview The majority of travelers (6...
