TUI has significantly increased its city break portfolio from 121 hotels in five cities to 3,400 hotels in 48 cities over the past 18 months, with the ambition to offer 4000+ hotels across 60 cities, by the end of 2022. With ABTA’s recent holiday habits report showing a high demand for city break holidays (32%) […]
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Midway through 2022, the hotel industry continues to make strides toward recovery, with nominal hotel room revenue and state and local tax revenues projected to exceed 2019 levels by the end of this year, according to the American Hotel & Lodging Association (AHLA)’s 2022 Midyear State of the Hotel Industry Report. Hotel room revenue in […]
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Zagreb (Croatia) and Ljubljana (Slovenia) lead the ranking of cities with a higher degree of visitor satisfaction. The large European capitals drop positions due to their high hotel prices and due to a low value placed by visitors on the tourist offer in the destinations. The study analyzes air connectivity, the average hotel price, and […]
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The World Travel & Tourism Council (WTTC) today publishes ‘Critical Factors to Attract Hotel Investment’, a new report highlighting the importance of attracting capital investment to enable the Travel & Tourism sector’s full growth potential post COVID-19, following a 25% drop in 2020. The report, launched today at the Sustainability and Investment Summit taking place […]
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Revenue in Q1 2022 at 2.37 billion euros, five times higher than in the previous year (Q1 2021: 468 million euros) 2.3 million guests travelled with TUI in the period under review – more than four times as many guests as in the comparable quarter of the previous year (previous year: 0.5 million) Liquidity also […]
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Marking the debut of its upscale Radisson brand, Radisson Hotel Group is proud to announce the signing of Radisson Resort Plaza Skiathos, set to open later this year. The new agreement with HotelBrain Group will also see the opening of Radisson Blu Euphoria Resort, Mykonos just in time for the peak season of 2022, and […]
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Data up to September shows that the Athens and Thessaloniki hotel markets recovered to a level of 39% in terms of room nights compared to the same period of 2019. Room supply has been restored to pre-pandemic levels. In August, Athens recorded a level of 71% of 2019 in terms of room nights, while September […]
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During the pandemic, many hotels have seen their direct sales grow exponentially within their channel mix. Meanwhile, on the sly, Booking.com has also managed to increase its share with almost no resistance. Given the current situation, where many channels are still not appearing and we don’t know if they will be activated this season, Booking.com has […]
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The number of hotel openings in Europe is expected to hit an all-time high in 2021, with more than 100,000 new rooms estimated for the year, according to STR data and analysis that will be presented at this week’s International Hospitality Investment Forum (IHIF) in Berlin. More than 50,000 rooms have opened thus far in […]
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Today leading digital travel platform Booking.com released new research revealing that half of LGBTQ+ travelers have experienced some form of discrimination when traveling. Conducted with 3,052 LGBTQ+ travelers across three continents*, the new study shines a light on attitudes, concerns and travel preferences, as well as past stay experiences, current realities and hopes for a […]
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