Mainstream private accommodations reshaping lodging distribution According to new research by travel industry research authority Phocuswright, while hotels represent the U.S. travel industry’s fastest-growing sector, they now compete with a new and increasingly popular product category: private accommodation. Source: Hotel Marketing Mainstream private accommodations reshaping lodging distribution
Ian Schrager: Hospitality is a ‘me too’ industry Schrager has a lot of strong opinions on the current state of the hotel industry and, given his track record of success, it’s probably not a bad idea to listen to them. Source: Hotel Marketing Ian Schrager: Hospitality is a ‘me too’ industry
India’s 2016 business travel spend is expected to hit billion India is one of the fastest-growing economies in the world, and the business travel spend that originates there is expected to reach $33 billion in 2016. India is the 10th largest global business travel market, and GBTA expects the country to climb into the sixth spot by 2019. Source: Hotel Marketing India’s 2016 business travel spend is expected to hit billion
Millennials opting for luxury hotels … sometimes Younger travelers, who traditionally have favored travel at a more affordable price point, could be making a foray into higher-end travel and staying at more luxury hotels, according to speakers at the 2017 Americas Lodging Investment Summit. Source: Hotel Marketing Millennials opting for luxury hotels … sometimes