Photo by Katarina Šikuljak on Unsplash

AMADEUS: Hoteliers invest in technology | Focus on personalised services

Based on the results of the survey, conducted globally among senior hotel industry executives representing a wide range of owner-operated hotels and management teams, 43% will focus on investments to “improve the operational efficiency of hotels during high occupancy periods”. 85% of respondents believe that personalisation could help them achieve over 5% additional revenue. In […]

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Top 15 best private island resorts in the world

If solitude and tranquility are a prerequisite for the pleasure of travel, then, the best private island resorts, strewn across the world’s most coveted tropical spaces, are often the very definition of paradise. From Indonesia to the Maldives to the Florida Keys, these are exclusive island escapes where personal space, endless privacy, natural beauty, and […]

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Who are the Hot List winners in terms of hotels for 2024? Greece takes one place in the ranking

Every year the list of the world’s best hotels is renewed and is considered the most authoritative. In addition to hotels, restaurants and cruise ships are included in this edition. This edition includes the so-called the Hot List hotel winners for 2024 according to Conde Nast Traveler. More specifically, the hotels are: 1.Place Vendome, Paris […]

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What are the 7 trends in business travel according to the U.S. Travel Association

The US Travel Agent Association’s forecast found that the business travel industry is expected to recover to pre-pandemic levels by 2025. From sustainable practices to cutting-edge technology, we identified seven travel industry trends that are redefining the future of the travel industry and reshaping business travel solutions. Employee Health and Well-Being are a Priority in […]

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Tripadvisor: Greek hotels among the “best of the best” worldwide

Greece has emerged as the winner of Tripadvisor’s Travelers’ Choice Best of the Best awards for 2024, as a number of Greek hotels stood out among the “elite” hotels around the world. According to the leading travel platform, the following Greek hotels were distinguished by category: -At the global level, in the category of Best […]

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The first increase in hotel activity in the U.S occurred in 9 months according to CoStar data

The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data. The change projected in March 2024 compared to March 2023 is an increase of 1.5% in terms of new hotel construction, 39.5% in terms of development planning and 9.8% in terms […]

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SINGAPORE

Eras Tour led to March records for Singapore hotels

The host of six Taylor Swift concerts, Singapore’s hotel industry posted its highest March average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. March 2024 (year-over-year % change):  Occupancy: […]

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Post Office: Corfu the most economically attractive Greek destination for British travellers

Corfu continues to emerge as the most value for money Greek destination for British travellers, despite the fact that overall spending on meals, drinks and other essentials has increased this year compared to last year. In particular, according to the findings of the 18th annual Post Office Travel Money report, Corfu is rated as the […]

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These were the revenues of Greek hotels in 2023 | 22.5% increase to €10.6 billion | What was the average room rate | INDICATORS

Hotel revenues amounted to €10.6 billion in 2023, up 22.5% compared to 2022, when total turnover was €8.6 billion. The increases were higher in seasonal hotels and in 4 and 5 star hotels. These data are derived from a field survey of Institute Tourism Research and Forecast, that processed by INSETEP and are included in […]

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New important deals in the European hotel industry

Deals continue in the European hotel market, albeit at a slower pace, according to data from HVS’ Hotel Transactions in Europe Newsletter for the week ending March 15. Among the deals that appear to have been floated or completed this week is a £1.9 billion takeover of London’s LXi REIT, including its 144 UK hotels, […]

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