Europe is finally seeing its fortunes turning. Almost the whole continent saw cases dropping rapidly in May, with an immediate effect on travel's recovery. France, Italy, Spain, and Germany are the big winners, but the UK is on the eve of a contraction in our score.
Remote work is here to stay. And that's a good thing for the travel industry as it will create a large market of long-term travelers that live and work anywhere. These digital nomads have the potential to be a small and mighty traveler type that are well worth understanding.
Short-term rental platforms like Airbnb and Vrbo are increasingly reliant on professional property managers to provide quality inventory. This considerably closes the gaps of service standards and reliability between the rental and hotel industries, which brings key opportunities for rental operators.
The travel recovery continues, but the strong performance of a few standout countries, including the U.S., Mexico, and China, disguises continuing weakness in especially Europe and Asia.
Despite years of marketing campaigns to drive direct bookings, our look at hotel distribution shows that little has changed for most hotels and that driving room nights via first-party channels remains a difficult uphill battle.
Despite years of hotels pushing direct booking campaigns, third parties remain a crucial part of hotel distribution strategy. Learn how many bookings each distribution channel delivers, at what cost, and the outlook for direct bookings in this report.