Articles tagged “average daily rate”

Hotels

India Report: New Forecast Shows Hotels Gain on Travel Boom

India would need continued investment in infrastructure and air connectivity to make the country an appealing destination for both leisure and business travelers.

Peden Doma Bhutia | 6 months ago

India Report: New Forecast Shows Hotels Gain on Travel Boom

Hotels

Lebua Hotels’ Deepak Ohri Shares Details on His New Hospitality Venture

The next time someone asks you a positive aspect of the surge in average room rates, one of them could be Deepak Ohri’s entrepreneurial journey.

Peden Doma Bhutia | 7 months ago

Lebua Hotels’ Deepak Ohri Shares Details on His New Hospitality Venture

Travel Booking

Skift India Report: G20 Summit Weekend Drives Demand for Short Getaways

Domestic airlines and hotels are reaping the benefits of the noticeable increase in bookings for weekend getaways.

Amrita Ghosh | 8 months ago

Skift India Report: G20 Summit Weekend Drives Demand for Short Getaways

Hotels

Skift India Report: Hotels Hit Rocketship Growth in the Second Quarter

Demand drivers such as the G20 Summit, ICC Cricket World Cup 2023, wedding season and international tourist arrivals will continue to boost the demand for rooms.

Amrita Ghosh | 9 months ago

Skift India Report: Hotels Hit Rocketship Growth in the Second Quarter

Short-Term Rentals

WestCap Founder Sees Short-Term Rental ‘Hyper-Growth’ Slowing Down

WestCap founder Laurence Tosi believes if short-term rental companies haven't already turned a profit, they'll struggle to do so in the future as the sector's boom has peaked.

Rashaad Jorden | 11 months ago

WestCap Founder Sees Short-Term Rental ‘Hyper-Growth’ Slowing Down

Hotels

Global Accommodation Revenue in 2022 is 95 Percent of 2019

Americas' share of global accommodation revenue witnessed an increase during the pandemic given its very large domestic travel market. The dynamics are expected to change when travel restrictions in China wane, and its large domestic travel market flourishes again.

Varsha Arora, Skift Research | 2 years ago

Global Accommodation Revenue in 2022 is 95 Percent of 2019

Hotels

Accommodation Sector in 70 Percent of Asia Pacific Countries on Track for Full Recovery in 2022

With China’s ongoing Covid crackdowns halting its almost-there recovery, the accommodation sectors of other APAC countries are expected to gain market share in 2022.

Varsha Arora, Skift | 2 years ago

Accommodation Sector in 70 Percent of Asia Pacific Countries on Track for Full Recovery in 2022

Hotels

Short-Term Rentals Gain Big Share on Hotels in Europe’s Shifting Lodging Sector

The pandemic boosted the growth of the already flourishing short-term rentals sub sector of the European accommodation market. It is still to be seen how the various sub sectors will compete to define the market landscape.

Varsha Arora | 2 years ago

Short-Term Rentals Gain Big Share on Hotels in Europe’s Shifting Lodging Sector

Hotels

How Europe’s Lodging Sector Is Being Reshaped: New Skift Research

The composition of the European accommodations sector has drastically changed over the last decade with short-term rentals gaining a substantial share. The next few years will be very crucial in shaping the sector in the region with respect to market dynamics.

Varsha Arora, Skift | 2 years ago

How Europe’s Lodging Sector Is Being Reshaped: New Skift Research