First Hospitality

PhocusWire | March 19, 2020

Trip.com Group expects net revenue to decrease by 45% to 50% year-over-year in the first quarter of 2020 due to the outbreak of the COVID-19 coronavirus. The Shanghai, China-based online travel agency disclosed its low expectations for the start of 2020 during its earnings call recapping its full-year 2019 results. “The beginning of 2020 has been challenging with the outbreak of the Coronavirus,” says CEO Jane Sun in the call to discuss earnings. Sun adds that its strong operations &...

Hospitality Trends

prnewswire | July 12, 2023

Sojern, the leading travel marketing platform, today announced the acquisition of VenueLytics, the hospitality industry's most integrated guest experience platform serving independent hotels, resorts, chains and casinos. Sojern will incorporate VenueLytics' capabilities as an extension of the Sojern Travel Marketing Platform. Sojern has long been a direct bookings driver for hotels—providing comprehensive digital advertising solutions that help travel marketers fin...

Hospitality Trends

Travel + Leisure Group, Sobel Westex | August 27, 2021

The growing suite of consumer products and services developed by Travel + Leisure will soon include at-home luxury inspired by the world’s best destinations and resorts. Travel + Leisure Group has signed a licensing agreement with Sobel Westex – the leading provider of luxury hotel bedding, pillows and linens for the home that offer all of the comfort of a deluxe hotel room – to produce an exclusive collection of luxury linens and accessories. The company’s new product li...

Travel Technology

businesswire | May 30, 2023

Summer travel is set to explode, with 85% of adults planning to travel this summer, up 5% from last year’s post-pandemic high. As millions of Americans head online to research and book their summer travel, FullStory today released the results of a consumer survey that examines the digital preferences and behaviors of U.S. consumers. The survey provides new proof that digital dominates travel planning, but not necessarily in the ways that brands may expect. Nearly 8 in 10 (...