Great news folks! Initial demand building up for Business Travel. Business-Related Hotel Bookings Up More Than 4,000% Since September 2021.
With a multitude of events happening in the middle east, travel continues to boom in the region and hotels need to ensure they have the right channels in their distribution mix. RateTiger continues to expand its partner mix and our recent additions include Rehlat and Clock PMS.
Confidence in travel is returning for 2022 despite parts of mainland Europe currently suffering from a Covid winter wave. More than half (57%) of British adults plans an overseas holiday in the next 12 months. Next interesting news on how the US Hotel Recovery Appears Different Than Past Cycles, U.S. hotel occupancy reached 62.9% in October, which is down 8.8% from October 2019.
Expedia recently shared the key takeaways of Q3 traveler behavior in our latest Travel Recovery Trend Report, as well as the top trends for North American (NORAM) and Asia Pacific (APAC) travelers.
And finally a big interview by New Hotelbeds chief focuses on facilitating the travel recovery.
Enjoy the read!
Business travel on the road to recovery
According to data analytics firm Adara, hotel bookings in the U.S. for business purposes are skyrocketing among travelers from Europe, the Middle East and Africa (EMEA).
RateTiger expands the eRevMax Partner Ecosystem with Rehlat and Clock PMS
With the travel industry moving towards a steady recovery, the initial demand build-up is coming from domestic tourism. Are you connected to the right channels and keeping them automatically updated with rates and availability on a regular basis? Choose from our wide network of partners and expand your hotel’s online visibility. Our featured partners for this week are Rehlat & Clock PMS+ – PMS – connect to them today – https://www.erevmax.com/blog/index.php/2021/11/ratetiger-expands-the-erevmax-partner-ecosystem-with-rehlat-and-clock-pms/
How the US hotel recovery appears different than past cycles
The recovery of U.S. hotel industry average daily rate is keeping pace with the recovery of demand, which has not been the case after past downturns.
UK: Foreign travel confidence returning for 2022
More than half of British adults plans an overseas holiday in the next 12 months – a 46% rise on this time last year.
https://travelweekly.co.uk/news/air/foreign-travel-confidence-returning-for-2022-new-data-reveals
Expedia: Key trends for Latin American travelers in Q3
The eagerness to travel far indicates that the confidence of Latin American travel shoppers climbed with the continued easing of border restrictions.
https://advertising.expedia.com/blog/travel-trends/3-key-trends-latin-america-q3/
Hotelbeds focuses on facilitating the travel recovery
The company wants to be the natural supply partner of choice for emerging disruptive models exploiting technologies like AI.
Reach out to RateTiger for your hotel channel manager, rate shopper, booking engine, website development or revenue management consultancy requirements. We are happy to have a discussion to see how we can help you achieve your property’s occupancy and revenue goals – contact us today