How TikTok is changing the face of travel
The platform has become a vital factor in the travel industry as 70% of the platform’s European audience says they’re likely to book a holiday based on recommendations on TikTok…
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Luxury brands lose ground with younger audience
Luxury market growth is flattening out, according to the latest findings from global consulting firm Bain & Company Nov 19, 2024 Global luxury spending is expected to approach €1.5 trillion…
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Airbnb urges Barcelona to reconsider crackdown on tourism rentals
The only winner from Barcelona’s war on short-term rentals is the hotel industry, Airbnb claims Nov 19, 2024 Airbnb has called on the mayor of Barcelona to reconsider the city’s…
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Euromonitor’s consumer trends and their impact on travel
The need for help filtering information has emerged as one of Euromonitor’s top global consumer trends for 2025 Nov 19, 2024 In its latest consumer trends report, Euromonitor International highlights…
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One in-person meeting equals three virtual ones
Professionals across multiple industries estimate their revenue potential could increase by 36% if all critical meetings were face-to-face Nov 19, 2024 Accor’s latest research highlights the enduring importance of face-to-face…
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Generative AI’s Potential to Improve Customer Experience
In retail, as in other industries, generative AI promises to change the customer experience. Retailers are deploying AI-enhanced tools such as summaries of product reviews, chatbots, and shopping assistants in…
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Marriott starts to lay off corporate employees
The company announced a major organizational overhaul on November 4, when it reported third-quarter results Nov 15, 2024 Marriott International announced a global restructuring this week that could result in…
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Hotrec claims Booking.com fails to comply with DMA
The European umbrella association for hotels insists on a through assessment of the parity clause changes introduced by Booking.com Nov 15, 2024 HOTREC is calling for a thorough evaluation of…
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CBRE cuts 2024 hotel forecast, but sees recovery ahead
CBRE Hotels Research has again lowered its 2024 growth forecasts for U.S. ADR, occupancy and RevPAR Nov 15, 2024 CBRE has revised its full-year 2024 U.S. hotel performance forecast. The…
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