European hotel industry focus’ on margins While hotel performance measured in ADR and RevPar increased during the past four years, average hotel occupancy stayed at 67.67%, far below the capacity limit. Source: Hotel Marketing European hotel industry focus’ on margins
In China, millennials are driving digital travel sales Maturing online travel agencies and mobile payment apps around the world are changing the travel industry. Source: Hotel Marketing In China, millennials are driving digital travel sales
Luxury sells, but who’s buying? During the recent Virtuoso Travel Week at the Bellagio in Las Vegas, the company released a “snapshot” of what Virtuoso’s top clients look like, the ones responsible for 40% of the network’s sales. Source: Hotel Marketing Luxury sells, but who’s buying?
Hyatt and Wyndham share views on recent industry consolidation With Amadeus’ recent acquisition of TravelClick, is continued consolidation big news, bad news, good news or just another sign of the changing times? Source: Hotel Marketing Hyatt and Wyndham share views on recent industry consolidation