Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.
- The hotel industry has some serious investments to make in improving guest experience if hoteliers want to maintain current high rates, hotel revenue managers said.
- Budget plays a significant role. A cost-effective and feature-effective channel manager software will save your investments, time and enhance the guest experience. Learn from 2nd piece of news below tips to choose the best hotel channel manager.
- 2022 forecast for digital ad spending by the US travel industry, including breakouts for search, display, and video advertising, as well as mobile versus nonmobile advertising.
- As the industry begins to embrace Travel 3.0, the third version of the internet is expected to bring autonomy to the existing internet through decentralized technology and the application of Artificial Intelligence.
- Recent estimates by travel management company CWT and the Global Business Travel Association show that corporate travel prices are likely to rise in 2023.
- As much as the landscape in the hospitality industry changes, some things stay the same when it comes to setting expectations for the average hotel stay.
Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design, and digital marketing requirements – we are happy to explore new possibilities with you for your property – contact us today.
Enjoy the read!
Hotel guest experience needs to improve to maintain rates
The hotel industry has serious investments to improve the guest experience if hoteliers want to keep current high rates.
https://www.costar.com/article/1569553418/hotel-guest-experience-needs-to-improve-to-maintain-rates
Tips to Choose the Best Hotel Channel Manager
Are you a hotel owner looking to grow your online business in this modern, tech-savvy age of travelers? The size of your hotel, budget, OTA connections, and various other factors play a significant role in helping you decide which hotel channel manager software you should use. Know the tips to Choose the Best Hotel Channel Manager – https://lnkd.in/g2WXP_C6
U.S. travel industry digital ad spending 2022
After an unexpected 42.7% boom in 2021, the travel industry is set to increase its ad buying by another 22.5% this year.
https://www.insiderintelligence.com/content/us-travel-industry-digital-ad-spending-2022
Web 3.0 unleashing the possibilities for corporate travel
As the industry begins to embrace Travel 3.0, powered by a wave of innovations built on mobile consumer technology, it can be anticipated that more significant changes are coming.
Consumers could end up spending a lot to travel in 2023
If demand stays strong, consumers could pay more to travel in 2023 than this year.
https://www.fool.com/the-ascent/credit-cards/articles/will-you-pay-more-to-travel-in-2023/
What do guests want in a modern hotel stay?
As much as the landscape in the hospitality industry changes, some things stay the same when setting expectations for the average hotel stay.
https://www.infor.com/blog/what-do-guests-really-want-in-a-modern-hotel-stay-5-essentials