SpendSmart Travel Trends - Q2 2023, Israel hotel market overview 2023 and more...

SpendSmart Travel Trends - Q2 2023
Friday, 4th August 2023

Business travelers are feeling the full effects of pandemic-era fleet depletions by car rental companies. Q2 2023 saw the biggest annual increase in spend on car rentals overall (+224%) and per day (+150%) since Emburse began reporting this metric. Car rental companies reduced their fleets during the pandemic lockdown in order to stay afloat.

Then the global semiconductor shortage led to inventory challenges for carmakers which increased competition in the car-buying market, including rental car companies trying to re-stock >>

Israel hotel market overview 2023 – Recovery in progress
4 Aug 2023 : In the past year, Israel’s hotel sector has continued to demonstrate its resilience and its ability to withstand the impact of COVID-19, similar to the way it has bounced back from so many previous adversities >>

W Sydney will open its doors in October, 2023
4 Aug 2023 : Having made its mark on Darling Harbour with its iconic curved architecture, W Sydney will energise the city when it opens, seamlessly blending the luxury liberated W Hotels DNA with Sydney and Australia’s cultural touchstones to create an all-encompassing day-to-night dining and social destination and a sleek retreat >>

Wyndham and LuxUrban to expand Trademark Collection
4 Aug 2023 : Wyndham and LuxUrban Hotels announced a newly signed deal to bring 16 LuxUrban hotels, representing approximately 1,400 rooms, into the Trademark Collection® by Wyndham brand later this year >>

HIGHLIGHT ARTICLE

Tech-Driven Segmentation for Bleisure and Beyond
Friday, 4th August 2023

A hotel’s future can no longer be sufficiently bucketed into only leisure, corporate and groups and hoteliers know this, but the obstacle nowadays is too much information.

There are legacy systems that are difficult (and expensive) to integrate and lots of disjointed guest profiles – also known as data silos.

Nevertheless, the need for system consolidation and unified guest profiles, particularly at the enterprise level, becomes all the more critical with the renewed drive for customer segmentation >>

Top Trends Shaping the Meetings Scene in 2023
Executives from GBTA’s Meetings & Events Europe Committee weigh in on top meeting trends that, sometimes for the better and sometimes for the worse, just won’t quit.

At the mid-point of 2023, six trends remain prominent in the meetings and events space, impacting planners and their stakeholders: inflation; the decentralized workforce; attendee well-being; issues around diversity, equity, and inclusion; technology; and sustainability >>

In case you've missed it: Global eNewsletter of August 03, 2023
Fed up with overtourism: hotspots impose bans, fines, taxes, industry faces mixed fortunes and more >>