OTA Insight data shows that hotels in Belgium’s cities are making up lost ground as prices have exceeded their 2019 levels across the 2022 summer period.
Australia and New Zealand followed a similar path in combating COVID-19, but do their hotel pricing and promotional trends align as well? And what's the current outlook now that travel is once again on the rise?
Due to strict and recurrent COVID lockdowns, China's tourism industry has had a stop start 2022 but Sanya has well and truly bucked this trend.
Comparing average hotel prices from 2019 to 2022, and into 2023, we can see that room rates are far higher in Europe than previous years, but, are these price increases discouraging travel?
Hotel prices in some areas, like Maui, have risen nearly 120% 2022 compared to 2019, find out how it's happened with OTA Insight's data.
As popular travel destinations in Europe emerge from months of uncertainty and cancellations, we use OTA Insight’s tech stack to examine the evolution of the rate strategies of destinations across the continent, to see how hoteliers are capturing increasing demand in 2022.
For Europe’s most visited cities, overtourism once pushed them to breaking point. Following the pandemic, how are they faring now? And how can hoteliers anticipate this demand and adjust pricing for success?
You now need to combine both traditional and modern market segmentation, along with a deep understanding of post-pandemic trends to tailor your pricing and promotional strategy to win the revenue management game.
By looking at Market Insight data we can see that early pre-booking demand for Greece is rising. But what pricing strategies are hotels in these destinations using to capture demand?
It’s a milestone moment for the hospitality industry. The impact of the pandemic is undeniable, and with that stress comes mega-trends that ripple throughout the industry, that you need to be looking out for.
In the second post in this series we leverage the new Rate Strategy feature available within Rate Insight to break down critical rate patterns in North America among chain and independent hotels.
Discover the latest news and events from OTA Insight, navigate through our blog, read views on industry news and download resources about revenue management solutions.