In the week leading up to Christmas, hotel data tracker STR released some head-scratching figures: average room rates saw increases despite a drop in hotel occupancy. Experts note that dynamic is a ...
Global hotel rates are expected to increase by 6.8 percent on average in 2024, according to the latest outlook published by BCD Travel. "Even as the pace of recovery shows signs of slowing, demand ...
Travel managers this summer reported yet another twist to the persistent room rate loading problem: Hotels are not loading "floating rates" into the global distribution systems. These are the rates ...
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