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HOSPITALITY TRENDS

COMPETITION FOR LEISURE GUESTS HEATS UP BETWEEN HOTELS AND SHORT-TERM RENTALS

AirDNA | November 15, 2022

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A new joint report from hospitality data supplier STR and short-term rental analytics provider AirDNA shows that competition between short-term rentals and hotels has accelerated in the fight for leisure guests, with the price gap tightening and rental supply falling behind in urban markets.During the pandemic, the U.S. short-term rental sector used its supply flexibility to recover faster than hotels, especially in coastal and mountain destinations, pushing rentals' market share to a record...

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INDUSTRY OUTLOOK

NEW RESEARCH BY ROOMEX AND GBTA REVEALS TOP TRAVEL MANAGEMENT CHALLENGES IN 2022

Roomex | July 19, 2022

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New research conducted by the Global Business Travel Association (GBTA), in partnership with Roomex, the workforce travel platform, has unveiled the state of business and project travel in 2022. Findings from the survey, completed by over 100 Travel Managers in the US and Canada between March 29 and April 15, 2022, has revealed the growth of business travel post-COVID and the methods top businesses are using to manage their staff travel. Demonstrating the resurgence of workforce t...

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BUSINESS TRAVEL

HOPPER SECURES $175 MILLION GROWTH INVESTMENT LED BY GPI CAPITAL

Hopper | August 18, 2021

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Hopper is announcing that it has completed a $175 million Series G financing led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice as the company emerges from the pandemic stronger than ever. As the travel industry continues to rebound, Hopper has demonstrated significant outperformance with its category-leading mobile-only marketplace, delivering value to customers and supply partners with the company's proprietary suite ...

Read More

HOSPITALITY TRENDS

CAPE FOX CORPORATION AWARDED FOR ITS ALASKA HOSPITALITY

Cape Fox Corporation | September 02, 2022

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Cape Fox Corporation (CFC) delights in welcoming guests and new friends to our shores yearly. CFC puts much work and pride into our food, beverage, entertainment, and lodging. This hard work has been noticed. CFC has won a 2022 Hospitality Award by LuxLife Magazine for Best Travel and Tourism company in Alaska. This is an exceptional honor, and CFC is proud of our staff and Shareholders who contribute to our success daily. LUXlife Magazine is a premium lifestyle publication founde...

Read More
news image

HOSPITALITY TRENDS

COMPETITION FOR LEISURE GUESTS HEATS UP BETWEEN HOTELS AND SHORT-TERM RENTALS

AirDNA | November 15, 2022

A new joint report from hospitality data supplier STR and short-term rental analytics provider AirDNA shows that competition between short-term rentals and hotels has accelerated in the fight for leisure guests, with the price gap tightening and rental supply falling behind in urban markets.During the pandemic, the U.S. short-term rental sector used its supply flexibility to recover faster than hotels, especially in coastal and mountain destinations, pushing rentals' market share to a record...

Read More
news image

INDUSTRY OUTLOOK

NEW RESEARCH BY ROOMEX AND GBTA REVEALS TOP TRAVEL MANAGEMENT CHALLENGES IN 2022

Roomex | July 19, 2022

New research conducted by the Global Business Travel Association (GBTA), in partnership with Roomex, the workforce travel platform, has unveiled the state of business and project travel in 2022. Findings from the survey, completed by over 100 Travel Managers in the US and Canada between March 29 and April 15, 2022, has revealed the growth of business travel post-COVID and the methods top businesses are using to manage their staff travel. Demonstrating the resurgence of workforce t...

Read More
news image

BUSINESS TRAVEL

HOPPER SECURES $175 MILLION GROWTH INVESTMENT LED BY GPI CAPITAL

Hopper | August 18, 2021

Hopper is announcing that it has completed a $175 million Series G financing led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice as the company emerges from the pandemic stronger than ever. As the travel industry continues to rebound, Hopper has demonstrated significant outperformance with its category-leading mobile-only marketplace, delivering value to customers and supply partners with the company's proprietary suite ...

Read More
news image

HOSPITALITY TRENDS

CAPE FOX CORPORATION AWARDED FOR ITS ALASKA HOSPITALITY

Cape Fox Corporation | September 02, 2022

Cape Fox Corporation (CFC) delights in welcoming guests and new friends to our shores yearly. CFC puts much work and pride into our food, beverage, entertainment, and lodging. This hard work has been noticed. CFC has won a 2022 Hospitality Award by LuxLife Magazine for Best Travel and Tourism company in Alaska. This is an exceptional honor, and CFC is proud of our staff and Shareholders who contribute to our success daily. LUXlife Magazine is a premium lifestyle publication founde...

Read More