Industry insight: Household spending trends, strength of the economy give boost to leisure hotel lodging demand.
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Check out this intriguing article from Hotel News Now about the evolving dynamics of leisure travel and the increasing emphasis on price sensitivity. As the hotel industry continues to recover from the pandemic, leisure travelers seek services that align with their pay rates, leading to shifts in consumer preferences and expectations. #STRreport #hospitality #hotelnews
With higher room rates, guest expectations have been rising as well. In his HNN article, Bryan Wroten reports on the criteria leisure travelers are taking into consideration when looking for accommodation. Read more here: https://bit.ly/45ECVYU
Leisure Travelers Becoming More Price Sensitive
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With higher room rates, guest expectations have been rising as well. In his HNN article, Bryan Wroten reports on the criteria leisure travelers are taking into consideration when looking for accommodation. Read more here: https://bit.ly/45ECVYU
Leisure Travelers Becoming More Price Sensitive
costar.com
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Executive Leadership | Sales, Business Development & Revenue | Lifestyle Entrepreneur | Investment Liaison
TOP prices = TOP services📈
With higher room rates, guest expectations have been rising as well. In his HNN article, Bryan Wroten reports on the criteria leisure travelers are taking into consideration when looking for accommodation. Read more here: https://bit.ly/45ECVYU
Leisure Travelers Becoming More Price Sensitive
costar.com
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🏢 Business-focused hotels in major US gateway cities, which tend to be upscale and upper-upscale, did well in 2023 as business travel ramped up. Meanwhile, American leisure travelers opted for more international travel, leaving some smaller domestic destinations with lower occupancy. Even luxury properties are seeing a shift, as more group bookings have put downward pressure on RevPAR. #HospitalityIndustry #HotelManagement #BusinessTravel #LeisureTravel
Hotel Profits: Here's What Will Drive Results in 2024
skift.com
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💯 Discover the Future of Hotel Booking website with Consistent Rates All Year Round Greaseprice Introducing StayFair, the revolutionary online hotel booking platform that brings unprecedented transparency and simplicity to your travel planning. Unlike traditional booking sites that fluctuate their prices based on demand, seasons, or events, StayFair offers a unique approach with fixed rates that remain the same all year long. With StayFair, you can book your favorite hotels without the stress of price variations. Whether you're planning a summer vacation, a winter retreat, or a last-minute business trip, you'll always know exactly what you're paying. Our commitment to fair pricing ensures that you get the best value for your money, no matter when you book. Key Features of StayFair: 🙂 - **Transparent Pricing:** No more surprise charges or hidden fees. What you see is what you get - **Year-Round Consistency:** Enjoy the same rates throughout the year, ensuring you always get a fair deal.. 🤗 - **User-Friendly Interface:** Effortlessly search, compare, and book your perfect stay with our intuitive platform. 💌 Join the growing community of savvy travelers who are choosing StayFair for their hotel bookings. Experience the peace of mind that comes with knowing you’re always getting a great rate, no matter when you travel. Visit StayFair today and start planning your next adventure with confidence and ease! What do you think about it ?💙 #holidays #hotel #vacancies
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Great news for our hotel friends! A survey by AHLA revealed that 72% of US travelers plan to maintain or boost their hotel stays in 2024. Despite inflation woes, hotels remain the preferred choice for business (71%) and leisure (50%) travellers. But rising costs can cause hesitation, affecting overnight stays, flights, and car rentals. The message to the industry: prioritize service and amenities like super-fast WiFi. Plenty of growth opportunities lie ahead with hotels as the favored lodging option. #TravelTrends #HotelIndustry #thestageisyours https://loom.ly/ACbeZ08
AHLA: 72 Percent of U.S. Travelers to Increase Hotel Stays in 2024
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The upcoming spring break travel period may set new records for hotel occupancy — and prices. So if you’re looking for a place to stay in March and April, what should you do? I asked Tim Hentschel, CEO of HotelPlanner, how to get ahead of the trend and find an affordable hotel. #springbreak #spring #miami #vacation #travel
Expert: Spring Break Travel Will Be Busy — And Expensive
forbes.com
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The upcoming spring break travel period may set new records for hotel occupancy — and prices. So if you’re looking for a place to stay in March and April, what should you do? I asked Tim Hentschel, CEO of HotelPlanner, how to get ahead of the trend and find an affordable hotel. #springbreak #spring #miami #vacation #travel
Expert: Spring Break Travel Will Be Busy — And Expensive
forbes.com
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Insights from our colleague on 2023 hotel booking trends! 🏨 Check out how traveler preferences are evolving.
🌟 What were Hotel booking trends for 2023? 🏨✨ Thrilled to share some insights on hotels within the booked category by travel agents and tour operators utilizing Hotelston.com reservation system. 📊🌟 The preferred accommodation category booked in 2023 was 4* hotels (35 % of bookings) this was followed by 3* (33 %). Surprisingly popular were 1* and unrated properties accounted for 17% of bookings. Premium 5* hotels accounted for 10% of total bookings. The 2* hotels carved out a cozy 5% niche. 💡 Key Takeaways: ⚖ 4 and 3* properties were a sweet spot for value-conscious travelers without compromising comfort. 🌐 Unrated hotels (mostly apartments) are gaining traction, driven by affordable prices and the comfort of a home-like atmosphere. 🏰 5-star hotels continue to captivate travelers seeking an unforgettable experience. Let's continue exploring the world in 2024! 🌍✈️ #TravelTrends #HotelBookings #hoteltrends #traveltechnology
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In the latest STR Weekly Insights: Weekday hotel occupancy in metropolitan markets is a proxy for business travel, which along with group travel continues to recover to pre-pandemic levels.
Weekly Hotel Performance Data Shows Clearest Picture Yet of Fall Travel
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