Articles tagged “budget travel”

Hotels

Premier Inn to Grow Hotel Room Count by 25% Before 2030

Premier Inn hotels are like shoeboxes, but their beds have comfy mattresses that come with a "good sleep" guarantee. The profitable brand anticipates strong growth in the UK and Germany.

Premier Inn to Grow Hotel Room Count by 25% Before 2030

Tourism

China’s Golden Week Holiday: What’s Driving Outbound Travel

Understanding what Chinese travelers want is crucial for stakeholders in the tourism industry to tailor offerings and experiences that match these changing preferences.

China’s Golden Week Holiday: What’s Driving Outbound Travel

Hotels

U.S. Budget Hotels Feel the Pinch: Is Inflation the Culprit?

America's economy hotels experienced a case of the first-quarter blues as the budget travel crowd appeared to spend less. Could inflation be to blame?

U.S. Budget Hotels Feel the Pinch: Is Inflation the Culprit?

Tourism

New York City Needs ‘Affordable Tourism’ to Reach Young Travelers

Getting tourists while they are young is critical.

New York City Needs ‘Affordable Tourism’ to Reach Young Travelers

Hotels

Premier Inn Expects Boost From Shrinking Independent Hotel Sector

Premier Inn says it has gained pricing power as 10% of all UK independent hotels have closed in the past few years. More remarkably, it says repeat guests made 86% of its bookings this year. It's a direct booking champ other hoteliers could learn from.

Premier Inn Expects Boost From Shrinking Independent Hotel Sector

News Blog

Generator Hostels’ Forecasts 50% Jump in Earnings as Budget Travelers Seek Deals

Generator Group, which owns or runs 21 hotels, gave a financial update on Monday that underscored the post-pandemic boom in travel. London-based Generator Group forecasted that it's on track to produce revenues of about $238 million (€225 million) this year — which would represent a 25% jump over the company's revenue in the pre-pandemic year…

Hotels

Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026

With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion. Recent investment in the company is a wager that affordability will matter more to some travelers than whether a hotel is Instagram-ready.

Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026

Hotels

Surging Hotel Rates Spur Cost-Conscious Travelers to Trade Down in Creative Ways

House-sitting platforms are in prime position to take advantage of surging travel demand. It's an affordable travel option for many compared to hotels and some short-term rental properties.

Surging Hotel Rates Spur Cost-Conscious Travelers to Trade Down in Creative Ways

Short-Term Rentals

Airbnb’s New Strategy to Re-Engage Gen Z

Airbnb's strategy boils down to this: Staying relatable to the typical 26-year-old could give the company an edge over rivals who often woo older travelers.

Airbnb’s New Strategy to Re-Engage Gen Z
Free Read

Business Travel

New Report: Keeping Business Travel Costs in Check

Business travel is back, but managing costs is more and more challenging. As companies work to balance the need to get to in-person meetings with the objective of reducing overhead, a new report from Uber for Business offers a pathway to success.

New Report: Keeping Business Travel Costs in Check