News

Indian Union Budget Disappoints Tourism Industry… Yet Again

Once again, the Indian Union Budget left the tourism industry high and dry, ignoring all their key demands. With their hopes for infrastructure status and tax rates dashed, the industry had to content itself with the crumbs of small mercies.

Summer Travel’s Hidden Hurdle: The Impacts of Cancellations and No-Shows

Cancellations and no-shows for hotel reservations tend to be higher in summertime, which can significantly impact revenue for hotels and travel management companies (TMCs). Slicing and dicing data more granularly leads to better forecasting and may reduce potential revenue losses.
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Japan Considers Lodging Tax to Address Tourism Surge

In Japan, local governments are considering and implementing lodging taxes to manage overtourism, despite opposition from hotel businesses fearing loss of guests to neighboring areas.
For Daily Lodging Report Subscribers launch

Marriott Expands Branded Residences Globally

Marriott International is expanding its Marriott Branded Residences globally, enhancing benefits for Residence Owners through the ONVIA platform and leveraging Marriott’s hospitality expertise to attract developers and buyers.