Hotelbeds consolidates travel agency business under one brand The company announced it would gradually phase out the TravelBound, TravelCube and GTA brands with travel agents, migrating to the Bedsonline platform. Source: Hotel Marketing Hotelbeds consolidates travel agency business under one brand
French travel marketplace Evaneos raises €70 million to fuel its global ambitions Paris-based travel marketplace Evaneos has raised a whopping €70 million, plans to use the money to expand its offering to North America. Source: Hotel Marketing French travel marketplace Evaneos raises €70 million to fuel its global ambitions
GDS market share: Amadeus retains its market lead Amadeus results for the half year to end June show that the number of bookings in Asia Pacific have soared by 17.4% on last year while they have fallen by 6.5% in Western Europe. Source: Hotel Marketing GDS market share: Amadeus retains its market lead
ADR growth behaving differently than in past cycles Despite peak occupancy, U.S. hotels are suffering from stagnant rate growth. STR data shows the “rate paradox” is affecting properties across chain scales and hurting new supply. Source: Hotel Marketing ADR growth behaving differently than in past cycles