Tag: industry
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GBR Consulting Studies Greek Hospitality Business Efficiency third Quarter 2025
[ad_1] GBR Consulting Studies Greek Hospitality Business Efficiency third Quarter 2025 The efficiency of the Greek tourism sector in 2025 has been formed by a mix of pure, geopolitical, and financial pressures. Along with the Santorini earthquakes, extreme heatwaves and wildfires in June and July led to web site closures throughout key locations. Customer arrivals…
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Ballot Reveals Rising Optimism and New Patterns in Enterprise Journey Business
[ad_1] Ballot Reveals Rising Optimism and New Patterns in Enterprise Journey Business – Picture Credit score Unsplash+ The World Enterprise Journey Affiliation (GBTA) has launched its newest findings, indicating a resurgence in optimism amongst enterprise journey professionals. Regardless of ongoing challenges equivalent to anticipated decreases in journey quantity and income for 2025, the business is…
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U.S. Resort Business Faces Continued Decline as International Markets Present Blended Outcomes
[ad_1] STR Weekly Insights: U.S. Resort Business Faces Continued Decline as International Markets Present Blended Outcomes – Picture Credit score CoStar U.S. lodge business faces continued challenges with declining occupancy charges, whereas world markets present combined outcomes. U.S. Resort Business Struggles with Declining RevPAR The U.S. lodge business confronted one other difficult week, with income…
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U.S. Lodge Business Studies Decline in Occupancy and RevPAR for Week Ending 13 September
[ad_1] Among the many High 25 Markets, Anaheim confronted probably the most important declines, with occupancy dropping by 15.4% to 70.6%. – Picture Credit score Unsplash U.S. lodge occupancy and income per accessible room (RevPAR) noticed declines, whereas common day by day charges (ADR) remained secure. Anaheim and Washington, D.C. skilled probably the…
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Discovering Agility in an Evolving Hospitality Business — LODGING
[ad_1] Market shifts, financial headwinds, provide chain disruptions, regulatory adjustments, and ever-evolving visitor expectations proceed to gasoline profound transformation throughout the hospitality trade, solely intensifying the stress to adapt shortly to remain forward of the competitors. Provide chain administration leaders should look past conventional efficiencies and value discount methods to combine extra agile provide…
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Resort business eyes billions by deepened system connectivity
[ad_1] Sydney, Australia – New analysis by SiteMinder, the world’s main lodge visitor acquisition and income platform, reveals that 65% of hoteliers consider sooner, absolutely built-in methods might unlock no less than 6% extra annual income—representing billions in alternative throughout the $1.2 trillion world lodging sector.The August survey, which drew responses from 700 hoteliers throughout…
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U.S. Resort Trade Faces Combined Outcomes Amidst Market Fluctuations for the Week Ending 6 September
[ad_1] San Francisco led in ADR and RevPAR development – Picture Credit score Unsplash The U.S. resort business noticed a slight decline in key efficiency metrics for the week ending September 6, 2025, in comparison with the identical interval in 2024. Houston skilled probably the most important drops in occupancy and income, whereas…
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U.S. Resort Business Exhibits Resilience with Blended Leads to Late August
[ad_1] Among the many high 25 markets, Houston skilled essentially the most vital declines, with occupancy dropping 12.0% to 56.3% and RevPAR falling 16.7% to $63.48. – Picture Credit score Unsplash The U.S. lodge business experiences slight income progress regardless of a minor decline in occupancy. Houston and Las Vegas expertise notable declines,…
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U.S. Resort Business Faces Continued RevPAR Challenges; World Markets Present Resilience
[ad_1] STR Weekly Insights: U.S. Resort Business Faces Continued RevPAR Challenges; World Markets Present Resilience – Picture Credit score CoStar Overview of U.S. Resort Business Efficiency Within the week ending August 23, 2025, the U.S. resort trade skilled a 1.3% lower in income per out there room (RevPAR), marking the third consecutive week of decline…
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How Sensory Experiences are Shaping China’s Resort Trade
[ad_1] Redefining Luxurious: How Sensory Experiences are Shaping China’s Resort Trade Chinese language luxurious lodge experiences are more and more outlined by sensory and emotional stimulation, pushed by youthful customers looking for greater than conventional shows of wealth. Luxurious consumption in China is present process a big transformation, significantly among the many youthful technology. Not…