Pre-pandemic Levels Of European Travel Will Not Be Achieved Until 2024

Despite a strong summer rebound, international tourist arrivals to Europe are forecast to be 60% below 2019 by the end of 2021 European tourist arrivals were still down 77% half-way…

Knowland Releases First-of-Its-Kind Future Event Activity Forecast

ARLINGTON, Va. – Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, today released a U.S. Meetings Recovery Forecast (MRF) to provide the hospitality industry…

Airbnb boosts heritage tourism in rural France

Key Takeaways With a donation of 5.6 million euros, Airbnb becomes the main sponsor of the “Heritage and Local Tourism” program of the Heritage Foundation. This grant comes as Airbnb…

New Capital and Strategies Targeting Hospitality

Given the significant traction in distribution of the COVID-19 vaccines throughout the United States and general international travel restrictions, leisure travel has begun to recover in 2021 and is expected…

Travel Recovery Trend Report Q3: Industry Maintains Momentum

After 20 months of lockdowns and travel restrictions, it’s clear that we’re living in a world where planning for the unpredictable is part of the norm. In the first quarter…

Sonder Holdings Inc. Reports Record Revenue for Q3 and Raises FY 2021 Revenue and Adjusted EBITDA Outlook

Record Q3 2021 Revenue of $67.5M, Up 155% YoY $126 Revenue per Available Room, Up 64% YoY and 26% vs. Q2 2021 Raises Outlook for FY 2021 Total Revenue to…

Middle East Q3 2021 Hotel Performance Update

Several countries in the Middle East have been racing ahead of the rest of the world in vaccination rollout. The United Arab Emirates is a prime example with more than…

Europe Hotel Pipeline Update

During “normal” years, hotel development delays are common due to construction problems, permit issues, or some other minor situation solved by bumping an opening date. In these “pandemic years,” plenty…

Thompson Hotels Unveils Immersive Experiences Curated by Emerging Creatives Through New ‘Culture Lives Here’ Campaign

CHICAGO – Hyatt Hotels Corporation (NYSE: H) today introduces Culture Lives Here, the Thompson Hotels brand’s new campaign that celebrates the brand’s passion for elevating noteworthy and emerging creatives, dubbed…

The First ‘Space Hotel’ Plans To Open In 2027

The word vacation conjures many images: pristine beaches, glittering ski slopes, outstretched highways and theme parks. It doesn’t call to mind cosmic journeys upon colossal rotating wheels, or vistas defined…