Latin America pipeline continues to decline, 737 MAX grounding impacts business, leveraging the prowess of AI in the travel booking funnel and personalization on the hotel website.

Latin America pipeline continues to decline
Thursday, 22nd August 2019

According to the recent Latin America construction pipeline trend report from Lodging Econometrics, the total construction pipeline is in its third year of decline by rooms and has 710 projects/123,392 rooms.

This amount of projects is the lowest number of projects in the pipeline since the fourth quarter of 2013 >>

Tours and aviation impacted by 737 MAX grounding
22 Aug 2019 : TUI Group: Hotels & Resorts delivers a strong performance, Cruises continue their growth roadmap in 2019, market competitiveness through increased integration and underlying EBITA down year-on-year in Q3 due to 737 MAX grounding >>

Solid passenger demand, record load factor in June
22 Aug 2019 : The International Air Transport Association (IATA) announced global passenger traffic results for June 2019 showing that demand (measured in revenue passenger kilometers or RPKs) rose by 5% compared to June 2018 >>

CBRE is projecting a decline in US RevPAR for 2021
21 Aug 2019 : According to the March 2019 edition of CBRE’s Hotel Horizons® forecast report, RevPAR growth for the US lodging industry will be limited to under two-and-half percent through 2020. Further, CBRE is projecting a 0.6 percent decline in RevPAR for 2021 as CBRE expects the economy to slow down during the year >>

HIGHLIGHT ARTICLE

Leveraging the Prowess of AI in the Travel Booking Funnel
Thursday, 22nd August 2019

When booking travel, Chinese travellers are mobile-first or mobile-only, even for transactions and considering the fact mobile demands a diligent effort, how can AI play its part in streamlining overall mobile shopping?

Travel companies have been exploring use cases of AI or artificial intelligence for years now >>

How to Optimize Your Hotel Revenue Across All Channels
People have changed from being active buyers to being passive consumers, make the experience easy, make it seamless, and consumers perceive it as less impactful to their bottom line >>

Personalization on the Hotel Website (Whitepaper)
Personalization in the hospitality industry isn’t a new concept, hotels often provide personalized in-room and on-property experiences, so why should the website experience be the same for all visitors? >>

Global Update: Who's Where and Doing What - August 2019
Global update of who is moving where and from where - keep track of old colleagues and friends or find lost ones, brought to you by The Boutique Search Firm >>

In you've missed it: Global eNews August 21, 2019
Women only hotel opened in Spain, wildlife tourism revenues surpass illegal trade revenues, why hotels are designing picture-perfect spaces and hotels in China dig deep in data >>