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Travel Technology,Industry Outlook
IBS Software | December 08, 2022
New data from travel technology company IBS Software reveals that despite more than two thirds (68%) of passengers being inconvenienced by disrupted journeys since COVID travel restrictions were lifted and 66% expecting more of the same during upcoming trips, most (83%) still plan on flying for a break in the next six months. The research, which polled 2000 recent travellers in the UK and US*, warns that holiday providers have one more chance to get it right; if holidaymakers expe...
Industry Outlook
Expedia Group | January 24, 2022
Expedia Group released a new report, the Traveler Value Index: 2022 Outlook, based on a new study conducted in collaboration with Wakefield Research among 5,500 adults across eight countries, combined with Expedia Brands proprietary data. The findings suggest that after two years of enduring a global pandemic, people value travel and personal time more than ever. Simultaneously, travelers have started to adapt to the realities of COVID-19, ranking flex travel at the top of their priorities and f...
Commercial Travel
Operto | March 21, 2023
Operto Guest Technologies, a leading provider of automated solutions for 50 million-plus rooms in the global hospitality industry, today announced that it secured US$25 million in a Series-B financing round. The financing was led by Centana Growth Partners, with participation from Thayer Ventures, FUSE, Blackpines Capital Partners and Derive Ventures. Proceeds from the round will be used to further fuel Operto’s aggressive expansion in the global short-term rental and hote...
Hospitality Trends
ROSEWOOD HOTELS & RESORTS | January 31, 2022
Rosewood Hotels & Resorts® is pleased to announce Rosewood Residences Kamala, the first branded residential project in Kamala on the island of Phuket, Thailand. Located next to one of the most discrete coastlines along the lush tropical hillside of Kamala Bay and set in a posh neighborhood brimming with shops and restaurants, the property's 14 stand-alone luxury Villas will provide residents with the exclusive opportunity to bask in paradise year-round. Developed by Thailand's le...
Hospitality Management
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