HOTEL PRICES EXPECTED TO RISE SIGNIFICANTLY WORLDWIDE

Joe McClain -
Travel and hotel stays will become more expensive worldwide over the next two years. This is one of the conclusions of the seventh annual Global Business Travel Forecast, released by CWT and the Globa ...

HOTEL PRICES ARE LIKELY TO BE ON THE RISE IN 2024

Andrew J. Wein -
In 2024, hotel prices will likely continue to rise in most cities worldwide. That's according to new forecasts from the consulting arm of American Express Global Business Travel (Amex GBT), the world' ...

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 ...

SPANISH HOTEL ALLIANCE REPORTS INCREASED OCCUPANCY AND OVERNIGHT STAYS

Ashley Nault -
The Spanish Hotel Alliance has recently released the results of their operations this summer, showing a positive trend in their occupancy rate. The secretary of the Hotel Alliance Board, Fernando Gall ...

ACCOMMODATION AND TRAVEL PRICES ARE FALLING IN EUROPE

Laura Maudlin -
According to data from travel management company Travelperk, global travel prices decreased by 8 percent in the last quarter 2022. However, they were increasing 11 percent in the first quarter, 15 per ...