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1388 posts

Airbnb gains market share against hotels

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  • 19 February 2025
Airbnb reported strong performance in 2024, claiming to have gained market share from both hotels and its competitor, Vrbo Feb 19, 2025 The company attributed its success to product improvements…
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Cvent group sourcing volume sets new records

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  • 19 February 2025
Group sourcing through the Cvent Supplier Network hit a record high in 2024, surpassing pre-pandemic levels for the first time Feb 19, 2025 The platform facilitated approximately $16.5 billion in…
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Sonder on Marriott deal, financial uncertainty

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  • 18 February 2025
While RevPAR and ADR rose, net losses widened significantly, raising concerns about the company’s long-term viability Feb 18, 2025 Sonder Holdings, a provider of apartment-style accommodations, filed its delayed third-quarter…
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How travelers embrace AI

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  • 18 February 2025
A new Phocuswright report reveals that travelers are rapidly adopting GenAI and are highly satisfied with its impact Feb 18, 2025 The latest report from Phocuswright highlights the rapid adoption…
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U.S. hotel profits under pressure from rising labor costs

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  • 18 February 2025
Hotel profit growth slowed as rising labor costs put pressure on margins, with GOPPAR increases trailing inflation Feb 18, 2025 At the end of the year, rising total operating expenses—especially…
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Hyatt reports business travel surge, eyes growth in 2025

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  • 18 February 2025
The company reported a 10% year-over-year increase in business travel revenue for Q4, attributing the growth to a steady return of large corporate clients Feb 18, 2025 CEO Mark Hoplamazian…
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Travel buyers cite ’24 growth, optimism for ‘25

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  • 18 February 2025
A new GBTA survey highlights corporate travel’s evolution as companies balance growth with cost, economic uncertainty, and tech trends Feb 18, 2025 A recent survey by the Global Business Travel…
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The rich tourists who want more, and more, and more

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  • 18 February 2025
The White Lotus stands out as a sharp, often critical examination of the ultra-wealthy, revealing their hidden desires and the systems that sustain their unchecked privilege Feb 18, 2025 Season…
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Workforce shifts, AI, and rising costs shaping business travel in 2025

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  • 14 February 2025
Business travel industry kicks off 2025 with optimism amid evolving challenges, according to latest GBTA poll Feb 14, 2025 The 2025 Business Travel Outlook Poll from the Global Business Travel…
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US tightens business, tourism visa renewal rules

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  • 14 February 2025
The shift in visa renewal rules could further strain an already long queue, complicating travel for many frequent visitors to the US Feb 14, 2025 Renewing a US visa may…
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