Articles tagged “hotel rates”

Business Travel

Business Travel Budgets Face ‘New Normal’ With Prices to Climb Through 2025

It turns out that 2019 is no longer a good year to compare prices to. That should be a relief to anyone trying to explain why their travel budget looks so different now.

Business Travel Budgets Face ‘New Normal’ With Prices to Climb Through 2025

Tourism

India’s Next Budget: What Travel Executives Want

Earlier this year, the Indian government gave a boost to the tourism budget for development, but cut down the global promotion allocation by 97%. Now, as the final Budget is around the corner, the industry is hoping for a more significant resolution to its challenges.

India’s Next Budget: What Travel Executives Want

Podcasts

Google’s AI Travel Tools, NYC’s Room Crunch and Air France’s Olympics Lounge

Today's podcast looks at Google's AI travel tools, New York City's room crunch, and an Olympics-aimed airport lounge.

Google’s AI Travel Tools, NYC’s Room Crunch and Air France’s Olympics Lounge

Airlines

IndiGo Partners With Malaysia Airlines – India Report

International expansion is a crucial part of IndiGo's 2030 vision. It is placing strong emphasis on codeshare agreements to achieve this goal.

IndiGo Partners With Malaysia Airlines – India Report

Short-Term Rentals

Airbnb Claims NYC Crackdown Hasn’t Delivered on Consumer Promises

New York City's defacto short-term rental ban is harsh. Hopefully, the city will revisit the law to strike a more balanced approach.

Airbnb Claims NYC Crackdown Hasn’t Delivered on Consumer Promises

Hotels

U.S. Hotel Rates Buck Inflation Trend With Year-End Decline

Good news for travelers, bad news for hotel owners. The U.S. hotel industry is seeing a (modest) decline in room rates after a recent dramatic run-up in prices.

U.S. Hotel Rates Buck Inflation Trend With Year-End Decline

Tourism

Global Tourism Slows: Europe Takes Most Pronounced Dip

Global travel softened due to the seasonality of demand. In October 2023, the Skift Travel Health Index dipped to 103. Europe was impacted the most due to reduced pent-up demand and economic concerns. Despite China's Golden Week holiday, the travel recovery in the country remained sluggish.

Global Tourism Slows: Europe Takes Most Pronounced Dip

Tourism

Skift India Report: Inbound Travel Gets G20 and Cricket World Cup Push

India's inbound tourism falls significantly short of its potential, but the G20 and Cricket World Cup may help nudge it closer to the 10-million mark.

Skift India Report: Inbound Travel Gets G20 and Cricket World Cup Push

Hotels

India Daily: Oyo Expands Into New Markets to Support First-Gen Hoteliers 

A hotel is only as good as its frontline staff. Oyo’s accelerator program is helping small hoteliers achieve long-term profitability and increase earnings by offering mentorship and financial assistance.

India Daily: Oyo Expands Into New Markets to Support First-Gen Hoteliers 

News Blog

Pace of U.S. Hotel Rate Rises Moderated in May

Rising hotel room rates in the U.S. are still contributing to an overall rise in the national cost of living, but the pace of hotel rate hikes is slowing, according to new numbers released on Tuesday. Hotel rates rose 1.8% in May from April, according to the U.S. Bureau of Labor Statistics, which reported the seasonally…