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Short-Term Rentals
After a volatile 2023, next year may see demand and supply back in balance.
Srividya Kalyanaraman | 3 days ago
Hotels
The hotel industry is flourishing and its demand has now outpaced supply. Despite skyrocketing prices, travelers are willing to pay a premium for both air travel as well as accommodation.
Amrita Ghosh | 4 months ago
Industry experts are very bullish on the revenue growth of premium hotels owing to better operational parameters, largely due to domestic demand and global events like the G20 Summit and the Cricket World Cup 2023.
Amrita Ghosh | 5 months ago
Rising supply is a good as long as there is demand at a price that consumers are willing to pay. If not, we are looking at a softening market.
Srividya Kalyanaraman | 6 months ago
This might be the summer of travel, but the economic uncertainty still has consumers choosing value above anything else.
Srividya Kalyanaraman | 7 months ago
India’s booming aviation market coupled with sustained economic growth have made global hospitality titans check into the country with a robust pipeline of hotels over the next five years.
Amrita Ghosh | 7 months ago
Tourism
Record aircraft orders show investor faith in the potential of India’s outbound tourism. The smartest destinations will warmly welcome to the rising wave of Indian travelers. Easing visas is one key step (hint, hint).
Amrita Ghosh | 8 months ago
Strong leisure travel demand and resumption of international flights have been instrumental in reshaping the fortunes of the hospitality sector. But will the trend continue?
Americas' share of global accommodation revenue witnessed an increase during the pandemic given its very large domestic travel market. The dynamics are expected to change when travel restrictions in China wane, and its large domestic travel market flourishes again.
Varsha Arora, Skift Research | 1 year ago
The global accommodation sector is witnessing a fast-paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. A closer look into the industry performance shows interesting variations in the pace of recovery as we review regions and sub-sectors.
