Sep 12, 2022Energy crisis: The impact on hospitality businessesHospitality businesses across Europe share insights on how the energy crisis is affecting daily operations and the future outlook over the next 12 months. • How is the rising cost of energy impacting the operations of your business? James Fry, founder, Beyond Apartments: “We fixed our prices in March 2022…Energy16 min readEnergy16 min read
Sep 2, 2022SilverDoor report shows serviced apartment sector growth but strain on supplyUK: SilverDoor’s latest State of the Market Review 2022, has shown global demand for the sector has continued to grow but with a strain on supply. Further investment in the industry means supply is increasing in all international markets and “the journey to improved availability has begun.” Simon Forgeau’s SilverDoor…Report5 min readReport5 min read
Aug 31, 2022Urgent calls for hosts to join Homes for Ukraine scheme in the UKUK: Following last week’s Independence Day of Ukraine, which marked the six-month anniversary of the Russian invasion of the country, the UK Government has called for more people to join the Homes for Ukraine scheme and take refugees into their homes. The calls came after concerns were raised that people…Ukraine4 min readUkraine4 min read
Aug 26, 2022Despegar boosts supply in Brazil and Mexico to compete with OTAsLatAm: Online travel agency Despegar is looking to compete with the likes of Airbnb, Vrbo and Booking.com by rapidly adding vacation rentals in Brazil and Mexico. In its latest earnings report for Q2 that was released last week, it was revealed that Despegar had recorded a 42 per cent year-over-year…Brazil2 min readBrazil2 min read
Aug 24, 2022Record July for US STRs boosted by last-minute bookingsUS: With school out for the summer, July 2022 was another record month for short-term rentals in the United States: over 23 million nights were stayed, 18.2 per cent more than last year’s previous record, according to short-term rental data and analytics provider, AirDNA. Available supply topped 1.39 million listings…Booking2 min readBooking2 min read
Aug 12, 2022Cloudbeds publishes ‘Big Book of OTAs’US: Hospitality management platform Cloudbeds has released data on the top performing distribution channels in a new free guide, entitled ‘The Big Book of OTAs: A Hotelier’s Guide To Top Distribution Channels’. Among the key findings, Cloudbeds found that lodging businesses connected to at least six distribution channels saw an…Ota2 min readOta2 min read
Aug 10, 2022GSA survey to help buyers with updated travel risk guidanceUK: Global Secure Accreditation (GSA) has released the findings from a short survey on the updated travel risk guidance ISO 31030. The ISO 31030 was updated in September last year, a timely renewal given the unprecedented times in the travel sector. Bob Quick, executive director and founder of GSA, said…Travel2 min readTravel2 min read
Aug 8, 2022The Highland Group reports boost to upscale extended stay recoveryUS: The Highland Group, which provides consulting services to the lodging sector, has said the extended stay sector is seeing a full recovery. The Group said that June’s summer travel surge accelerated upscale extended stay hotel’s recovery indices more than economy and mid-price extended-stay hotels. Mark Skinner, Partner at The…Report1 min readReport1 min read
Aug 5, 2022Airbnb reports record bookings and predicts “strong” summerUS: Airbnb has reported record bookings and rising rates in its second quarter earnings call with travel demand continuing its consolidation, despite the cost of living crisis and concerns over the impact of economic slowdown on households around the world. The home-sharing platform revealed that 103.7 million nights and experiences…Airbnb3 min readAirbnb3 min read
Aug 3, 2022Short-term rental business travel bookings set to soarUK: A newly-published white paper from Travel Intelligence Network, on behalf of the UK Short Term Accommodation Association [STAA], shows that short-term rentals are set to claim a five per cent share of the corporate business travel market, which is worth up to $8 billion worldwide and £235 million in…Travel4 min readTravel4 min read
