Airbnb is becoming an even bigger threat to hotels, finds Morgan Stanley The report, called “Who will Airbnb hurt more – ootels or OTAs? … one year later” says the threat is greatest for hotels because “Airbnb usage has increased more than we thought it would and cannibalization of traditional hotels has also been higher.” Source: Hotel Marketing Airbnb is becoming an even bigger threat to hotels, finds Morgan Stanley
U.S. hotel performance encouraging heading into 2017 All travel segments are experiencing healthy rate and occupancy gains year-over-year, with occupancy increasing 5.0 percent and ADR increasing 3.2 percent in the first quarter of 2017, according to new TravelClick data. Source: Hotel Marketing U.S. hotel performance encouraging heading into 2017
UK: Business travel spend expected to rise in 2017 The number of business travel buyers with higher budgets is on the increase for the first time in four years, according to the seventh annual Business Travel Show forecast. One third of buyers will have more to spend on accommodation in 2017, while 77% of buyers still do not plan to use Airbnb. Source: Hotel Marketing UK: Business travel spend expected to rise in 2017
French luxury hotels woo daytime lovers Hotel chains, including Accor and Marriott, have signed up to a French start-up online booking platform called Dayuse.com, with the number of hotels in France using the service doubling to 600 this year, according to the company. Source: Hotel Marketing French luxury hotels woo daytime lovers