BIG DATA CAN IMPROVE REVENUE MANAGEMENT IN THE TRAVEL AND HOSPITALITY INDUSTRY

Chris Grad -
In today’s business environment, the most valuable asset to an organization has become the data about their customers and potential customers and the ability to mine, understand and make revenue and c...

TOURISM REVENUE IN COLOMBIA GROWS BY 160% COMPARED TO 2020

Kevin Eagan -
Due to the strong revival of tourism in the second half of 2021, the sector has managed to exceed all estimates in revenue, reaching 160% the tourism revenue achieved in 2020 and 32% that of 2019....

JAMAICA'S TOURISM EXPECTS US$4.5 BILLION IN REVENUE THIS YEAR

James Morris -
According to Tourism Minister Edmund Bartlett, Jamaica is expected to earn $4.5 billion from tourism in 2023, a substantial increase from the $3.64 billion earned in 2019 before the COVID-19 pandemic....

HOTEL REVENUES IN RUSSIA INCREASED BY 32%

Justin N. Froyd -
Domestic tourism and hotel revenues in Russia has grown due to cross-border travel difficulties, resulting in a one-third increase in the income of hotels, guesthouses, and other collective accommodat...

THE AVERAGE DAILY EXPENDITURE OF A BUSINESS TRAVELER IS TRIPLE THAT OF A LEISURE TOURIST

Denise Chen -
According to data from the consultancy Braintrust, the business travel industry in Spain's revenue is estimated to reach 12.1 billion euros in 2023. Accordingly, the average daily expenditure of busin...
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