Articles tagged “revpar”

Tourism

Skift India Daily: Agoda CEO Says Indian Outbound Travel to Outpace Many Countries

With Indian airlines placing big bets on aircraft orders and deploying higher capacities on international routes, the global travel industry seems to be sitting up and taking note of the India outbound travel market's potential.

Skift India Daily: Agoda CEO Says Indian Outbound Travel to Outpace Many Countries

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.

Global Accommodation Revenue in 2022 is 95 Percent of 2019

Hotels

Global Accommodation Sector Market Estimates 2022: New Skift Research

The global accommodation sector is witnessing a fast-paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. A closer look into the industry performance shows interesting variations in the pace of recovery as we review regions and sub-sectors.

Global Accommodation Sector Market Estimates 2022: New Skift Research

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.

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

Hotels

How the Asia Pacific Accommodation Sector Is Evolving: New Skift Research

The accommodation sector in APAC is witnessing a fast paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. However, composition of the industry remains unclear with short-term rentals revenue share decreasing in 2022.

How the Asia Pacific Accommodation Sector Is Evolving: New Skift Research

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.

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

Coronavirus

Busting Independent Hotel Myths During Covid-19: New Skift Research

The conventional wisdom is that hotel brands are a safe harbor for owners during a storm. But has that been the case during Covid-19? Recent data suggests that the reality is far more nuanced.

Busting Independent Hotel Myths During Covid-19: New Skift Research

Coronavirus

What Hoteliers Can Learn From the 9/11 and SARS Crises: New Skift Research

With no way of knowing how long this crisis will last or what recovery will look like, we look back at two past crises to see how the industry reacted then, and what lessons can be learned. Many, as it turns out.

What Hoteliers Can Learn From the 9/11 and SARS Crises: New Skift Research

Coronavirus

Has Coronavirus Upended the Hotel Industry’s Main Performance Metric?

An unprecedented downturn calls for a hotel performance metric shakeup, as revenue declines don't show just how deep the coronavirus downturn in travel really is.

Has Coronavirus Upended the Hotel Industry’s Main Performance Metric?

Coronavirus

Understanding the Impact to the Virus-Hit Hotel Industry: New Skift Research

There is no doubt that these are some of the toughest times for the hotel industry. Hit hard by the Covid-19 pandemic, the industry is on its knees. Recovery will come, but when, and in what shape, is wholly uncertain. Understanding the current situation, and what a recovery might look like, will help the industry to prepare for when that day comes.

Understanding the Impact to the Virus-Hit Hotel Industry: New Skift Research