The EU Tourism Platform consolidates EU, national, and regional funding sources in one place, helping tourism businesses including SMEs access grants and programs supporting green transition, digital transformation, and job creation.
Analysis of the 2025 Bordeaux En Primeur campaign finds pricing better aligned with market conditions than recent vintages, with the 2025 vintage ranking among the three best in 18 years by critic scores.
Independent hotels often can't afford pricing errors, and modern RMS platforms now cost a fraction of enterprise pricing, with setup fees of $7K-$10K and interfaces designed for small, non-specialist teams.
The article argues that segment-level competitive indices, not penetration rates, are the correct method for allocating hotel demand in appraisals, and presents a full replicable protocol for doing so.
Morgan Stanley's Stephen Grambling breaks down how the K-shaped economy, AI, brand proliferation, and macro factors like inflation are reshaping hotel stock valuations and REIT investment strategies.
The most significant impact might not be operational, but psychological. Why? Because it's the hotel industry's fault. Let me explain:For years, hotels have trained guests to treat bookings as placeholders: reserve today, decide later.
In my view, the Full Prepayment Model is not the future of hospitality. While full prepayment has been practiced for decades for charter vacations, extended beach vacations and unique experiences like safari tours, it’s definitely not user friendly as far as plain hotel bookings are concerned. Merchant bookings - fully prepaid bookings - at both Expedia and Booking now represent over 70% of the total gross bookings. Improved cash flow, controlling the price the customer pays, opportunities to bundle hotel stays with air, transportation and experiences are some of the reasons for the OTA preferences of the merchant model.
The biggest impact of full prepayment is that booking a hotel becomes a much bigger commitment for guests.Hotels benefit from fewer cancellations, better cash flow, and more predictable occupancy.But guests may book less often or take longer to decide because they must pay upfront.Trusted brands like Marriott International and Booking.com may benefit most, while smaller hotels could struggle more with guest trust.BNPL services may become very important because they make upfront payment feel more flexible and less risky.
A hospitality finance veteran argues that most hotel investments underperform due to structural information gaps between owners and operators, making independent asset management essential.
The article outlines strategies for balancing rising labor costs with operational budgets through predictive analytics, technology automation, and tiered service models during staffing shortages.
Hotels can build predictable revenue streams through membership models offering local access to amenities, reducing dependence on volatile room bookings and expensive OTA distribution.
A study of 5,016 firm-year observations across 14 European countries finds that one additional year of audit partner tenure raises fees by 17.35% in weak-disclosure markets, versus just 2.02% in strong-disclosure ones.
Analysis explores Saudi Arabia's hospitality investment landscape driven by Vision 2030, highlighting diversification beyond religious tourism and the need for experience-focused developments.
The article argues hotels should focus on maximizing total guest value across all services, not just room revenue, potentially generating 50% more revenue from existing guests.
Saudi hotels face a 12% ADR decline as massive supply growth outpaces traditional revenue management systems designed for mature markets with predictable demand patterns.
In many ways I look at this as an extension of Expedia. I suppose another clip on the ticket on the way through, which I can only imagine will make an Uber hotel booking more expensive.Is more distribution opportunities a good thing?
The big winner here is Expedia, adding another marquee player to its affiliate network. Uber will join other significant affiliates of Expedia, together with Chase Travel, Walmart Plus Travel and numerous airlines, tour operators, cruise lines, etc.
For hotels already locked into aggressive distribution deals with Expedia, this is a warning signal, as it reinforces intermediary power at precisely the moment the industry has spent years trying to rebuild the direct guest relationship.
Duve's ebook reveals custom services account for 44.3% of upsell purchases, with 72% of guest messages occurring before arrival.
COMO Group's investment in The Fat Duck group will fund expansion plans for the three Michelin-starred restaurant and sister pub in Bray.
Traditional revenue management assumes control over pricing and distribution, but OTAs and AI algorithms now determine visibility and customer consideration sets.
Revenue managers interpret identical data differently based on personal filters and context, making decision-making more subjective than objective.
The new council represents investors with capital across Africa's major markets and will coordinate with governments to unlock hospitality projects.
Hotels lose revenue during 4-6 daily hours when rooms sit empty but operational costs continue, with daytime bookings offering 30-40% higher ancillary spend.