Category: Recent News

The wellness market is booming, having grown from $4.9 trillion in 2019 to $5.6 trillion in 2022. As consumer preferences shift towards holistic health and recharging, hotel owners have an unprecedented opportunity to capitalize on this trend. By integrating wellness-focused amenities and services into their properties, owners can enhance guest experiences and loyalty, differentiate themselves in a competitive market, and drive significant revenue growth.

Tourism has committed to embrace its unique role as a pillar of peace and understanding. On World Tourism Day 2024, UN Tourism brought sector leaders from every global region together around a common vision and commitment to building a “peace-sensitive sector”, recognizing its potential to build bridges and foster understanding.

The World Travel & Tourism Council (WTTC), in collaboration with the Kingdom of Saudi Arabia’s Ministry of Tourism, today launched a new report revealing the stark impact of the pandemic on woman and youth employment within the global Travel & Tourism sector.

In the week ending 21 September 2024, U.S. hotels saw revenue per available room (RevPAR) rise 2.5% with the bulk of the increase coming from average daily rate (ADR), up 2.0%. More than 60% of the industry’s weekly demand gain came from the Top 25 Markets, where RevPAR increased 3.1% on a slightly higher gain in ADR (+1.9%) than occupancy (+1.2%). RevPAR in all other markets also grew (+2%) via ADR. Industry occupancy increased to 68.9%, the first time above 68% since early-August.

Ever noticed how a good night’s sleep can make or break a trip? Well, the savviest hotels sure have. They’re not just fluffing pillows anymore; they’re pulling out all the stops, using the latest tech to ensure you get those much-needed Zs.

In May 2024, the European Union designated Booking.com as a gatekeeper under the Digital Markets Act (DMA), a move intended to usher in fairer practices and transparency within the digital marketplace. The goal was to address concerns about data sharing, pricing transparency, and the platform’s dominant position over hotel partners. However, nearly half a year down the line, progress has been slower than anticipated, leaving hotels still grappling with many of the same challenges.

Noida, 17th September 2024: RateGain Travel Technologies Limited (RateGain), a leading provider of AI-powered SaaS solutions for travel and hospitality, has been recognized as a Preferred Partner by Trip.com, one of the largest OTAs of the world. This recognition, awarded during Trip.com Group’s Envision 2024 Global Partner Conference in Shanghai, is a testament to the strong relationship between the two companies. RateGain’s decade-long collaboration with Trip.com is specifically designed to help hotels in Asia tap into new markets and attract emerging demand, a critical challenge hoteliers face today.

The UN just introduced its Pact for the Future, and we examine [with the help of ai] its potential impact on the hospitality sector, primarily through its focus on sustainable development, climate action, technological innovation, and social inclusivity. Here’s an analysis of how various elements of the pact could affect the industry:

“Contactless service is being widely adopted by the hotel industry”, explain the researchers, “to provide the safest possible experience while maintaining good service quality”. By deploying contactless technologies at every stage of the customer journey, hotels can remove the need for physical contact from all major hospitality service encounters.

El Cosmico, a hotel and campground in Marfa, Texas, is expanding with the world’s first 3D-printed hotel, using cutting-edge technology from Austin-based ICON and Bjarke Ingels Group. The project includes 43 new hotel units and 18 residential homes, all built using ICON’s massive Vulcan 3D printer, which extrudes a special cement-based material called Lavacrete. El Cosmico’s owner, Liz Lambert, highlights the creative freedom this process allows, enabling the construction of unique architectural elements like curves and domes, which would be costly with traditional methods. The technology also adapts to weather conditions, ensuring durability and scalability for the project.