Canada hotels posted record-high room rates for an October, TRIBE reaches 20 hotels milestone and more...

Canada hotels posted record-high room rates for an October
Friday, 29th November 2024

Canada’s October hotel average daily rate (ADR) exceeded CAD200 for the first time on record.

In addition to the room rate growth, occupancy increased after contracting in September, notably driven by transient and weekday occupancy, pointing to strength from individual business travelers >>

TRIBE reaches 20 hotels milestone
29 Nov 2024 : TRIBE is excited to announce a key milestone – reaching 20 hotels around the globe, each TRIBE address embodies the essence of contemporary living, offering spaces that are smart, stylish, and encourage social interaction >>

British Airways unveils its brand-new First class
29 Nov 2024 : British Airways has unveiled a game changing new First seat for its customers, combining elegant design features, reflective of modern British luxury travel >>

Rio Hotel & Casino Las Vegas joins Destination by Hyatt
28 Nov 2024 : Iconic Las Vegas resort enhances guestroom, meetings and convention and culinary offerings for leisure and convention guests >>

HIGHLIGHT ARTICLE

How the DMA Protects OTA Giants and Destroys Independent Hotels. The EU’s Digital Market Disaster
Friday, 29th November 2024

Designed to curb the unchecked dominance of 'gatekeeper' platforms like Booking and Google, it aimed to empower small businesses and give consumers more choices.

Yet, this legislative sledgehammer has missed its mark. Instead of fostering competition, the DMA is solidifying the power of Online Travel Agents (OTAs) and stripping independent hotels and travelers of their autonomy >>

Is the Connected Trip the Next Big Thing?
Recently, in their Q3 2024 financial results, Booking.com reported that the connected trip transactions (a trip that includes booking more than one travel vertical) increased by over 40% year over year in the third quarter and represented a high single digit percentage of the company’s total transactions >>

Global eNewsletter of November 28, 2024
Five reasons to be grateful for a thriving business travel industry in 2024, universal sustainability KPIs and more >>