Corporations saving on hotel rooms in volatile 2017 hotel market Corporations taking advantage of current market conditions, including a slower third quarter at many hotel chains, can cash in on a favorable pricing leverage, according to an analysis by BCD Travel. Rebooking hotel rooms when hotel rates fall is becoming an increasingly critical component. Source: Hotel Marketing Corporations saving on hotel rooms in volatile 2017 hotel market
U.S. travel growth slowing According to the latest Travel Trends Index from the U.S. Travel Association and Oxford Economics, domestic business travel demand dropped in October year over year. That downward trend is expected to continue in the next few months. Source: Hotel Marketing U.S. travel growth slowing
Travel is the new luxury in Asia Travel experiences are proving to be dramatically more important to affluent millennials, with most interested in hotel accommodations and flight tickets rather than luxury goods. Source: Hotel Marketing Travel is the new luxury in Asia
Airbnb is no longer the nice guy of the sharing economy After years of playing the nice guy, Airbnb now finds itself on the defensive in some of its biggest markets, and the pressure doesn’t suit. Under fire, Airbnb is a corporation like any other. It’s not that nice at all. Source: Hotel Marketing Airbnb is no longer the nice guy of the sharing economy