TRAVELERS PREFER TO BOOK DIRECTLY

Larry Brain -
Since removing parity clauses, European hotels have been empowered to offer lower prices on their websites, leading to a shift in dominance from Booking Group. This change has given travelers more opt ...

URUGUAY PLANS 50% HOTEL SUBSIDY TO BOOST DOMESTIC TOURISM

Joe McClain -
The Ministry of Tourism (Mintur) in Uruguay is working on a new initiative to promote domestic tourism during the low season months. The initiative involves a 50% discount on hotel rates. The initiati ...

HOTEL PRICES IN JAPAN CLOSE TO 30-YEAR HIGH

Laura Loss -
Hotel prices in Japan surged to a nearly three-decade high in March, a direct result of the cheap yen and the cherry blossom season luring a record number of tourists. The average cost of a hotel room ...

THE CONCENTRATION OF LUXURY HOTELS IN MADRID DISTORTS PRICES

Denise Chen -
The Four Seasons chain's significant presence in Madrid is evident in its third year of operation, with an average nightly rate of almost €1,000, double the average rate of five-star hotels in the cap ...

RAPID GROWTH OF AI APPLICATIONS IN THE HOTEL INDUSTRY

Wayne M. Gore -
The rapid development of artificial intelligence (AI) technology is leading to revolutionary transformations in many sectors, including the hotel industry. ...