MMGY Global Unveils Safety Barometer Survey Showing Steady Americans’ Travel Perception

MMGY Global | July 20, 2020

MMGY Global has released the sixth wave of its ongoing Travel Safety Barometer survey. The most recent research shows that Americans’ perception of travel is holding steady despite a rise in COVID-19 cases. Out of a scale from 1-100, domestic travel scores a 46, up two points from 44 in the fifth wave of the survey. International travel remains in the low 30s, dropping a point from the June survey to 31.

Spotlight

Based on current trends and industry analysis, it is likely that Air bnb will continue to be a popular and successful platform for short-term rentals.The ongoing trend of people looking for alternative accommodation options to traditional hotels is likely to continue in the future.Ensuring your guests have a positive experience can improve your review scores and increase rentals.

Spotlight

Based on current trends and industry analysis, it is likely that Air bnb will continue to be a popular and successful platform for short-term rentals.The ongoing trend of people looking for alternative accommodation options to traditional hotels is likely to continue in the future.Ensuring your guests have a positive experience can improve your review scores and increase rentals.

Related News

HOSPITALITY TRENDS

Highgate Announces New Developments in Europe

Highgate | January 23, 2023

Highgate, a company involved in hotel management, investment, technology, and development, has announced the launch of HG Portugal, as well as the relaunch of the Dorsett City London Hotel. HG Portugal opens with a portfolio of 18 hotels in several Portuguese markets, including Lisbon, Algarve, and Porto. The portfolio includes hotels under the Hilton and IHG brand families and many notable independent hotels, such as Salgados Palace, Cascade Resort, and Sao Rafael Atlantico. In addition, the portfolio spans urban full-service hotels, waterfront luxury resorts, lifestyle boutique hotels, and large convention facilities, all drawing from core competencies across Highgate's global footprint. Highgate has selected Alexandre Solleiro as Chief Executive Officer of HG Portugal as part of its efforts to build a best-in-class operating capability in Portugal. Alexandre Solleiro brings more than 30 years of hospitality leadership expertise in Portugal, and he is supported by a dedicated leadership team from all disciplines. The team will leverage Highgate's existing resources and platforms in Europe, the Caribbean, the United States, and Latin America while also bringing specialized Portugal-based experience. Highgate brings global experience as an owner/operator in leisure destination markets and lifestyle, branded, and city-center hotels to the Portugal market. It adds unique value to its managed hotels via a platform designed to optimize distribution, operational efficiencies, and hotel concept development. The launch of HG Portugal follows the October 2021 announcement of two portfolio additions in the UK market: Grosvenor House Suites in London's Mayfair District and the Dorsett City London Hotel. As part of a more extensive repositioning, Highgate will also begin running the Dorsett City London Hotel using a relaunched concept on March 1, 2023. Arash Azarbarzin, Chief Executive Officer of Highgate, stated, "The launch of HG Portugal complements Highgate's recent re-entry into the UK management space, furthering the application of our proven business towards strategic global opportunities." He added, "Honed over the last 30 years, we will apply our innovative approach to operations, distribution, food and beverage, branding, and positioning during a remarkable moment for Portugal, as more travelers are discovering its magnificence as a prime destination." (Source – PR Newswire) About Highgate New York-based Highgate is a leading hospitality management and investment company. It is a prominent figure in the US gateway markets, which include Boston, Honolulu, Miami, San Francisco, and New York. It is also expanding its presence in Europe using properties in Barcelona and London. Highgate offers professional guidance at every stage of the hospitality property cycle, from development and planning to disposition or recapitalization. Highgate is a trusted partner for major hotel brands and top ownership groups, with an executive team comprised of some of the industry's most experienced hotel management leaders.

Read More

TRAVEL TECHNOLOGY,HOSPITALITY TRENDS

Sandpiper Hospitality partners with ProfitSword to offer its hotels dynamic business intelligence capabilities

Sandpiper Hospitality | December 20, 2022

Sandpiper Hospitality – a Virginia-based hotel management company with vast expertise in the extended-stay segment – has partnered with ProfitSword by Actabl, the industry’s only integrated hotel operations, business intelligence and labor management solution platform. Each of Sandpiper Hospitality’s 60 managed properties nationwide will have access to ProfitSword’s industry-leading suite of advanced budgeting and performance forecasting tools designed to provide accurate, data-driven decision-making capabilities, increase operational efficiency and drive revenue growth for each property, as well as for the entire organization. “ProfitSword is a game changer for Sandpiper Hospitality as it gives us access to highly customized data and precise real-time analytics,” said Sandpiper Hospitality President & CEO Jim Darter. “We believe this significant move will have a uniquely positive impact on our business by helping us to differentiate ourselves from our competitors and prove our strong return on investment to all our clients.” Sandpiper Hospitality is approved by Marriott International, IHG Hotels & Resorts, Choice Hotels International, Wyndham Hotels & Resorts and Extended Stay America to manage their select-service and extended stay brands and now manages over 10 different brands in its burgeoning portfolio. "We are excited to partner with the Sandpiper Hospitality team, ProfitSword by Actabl’s powerful business intelligence, reporting, and financial solutions will enable Sandpiper properties to better serve their guests and enable operations leaders to maximize profitability across their full portfolio.” -Lindsey Goedeker, Vice President Sales, Actabl. Sandpiper Hospitality has seen strong growth in 2022, adding three newly developed Wyndham Hotels & Resorts properties in Texas to its managed portfolio, including a first-of its kind dual-branded La Quinta Inn / Hawthorn Suites in Pflugerville, TX, along with the WoodSpring Suites Orlando I-4 & Convention Center in Florida for new client Sunburst Hospitality. Sandpiper Hospitality has a portfolio of 60 hotels open or under contract with 22 of them under management for third-party clients. Sandpiper Hospitality continues to demonstrate its unique ability to combine a flexible approach to third-party management with extra-ordinary financial results for its investors and clients. For more information, please visit http://www.sandpiperhospitality.com. About Sandpiper Hospitality Sandpiper Hospitality is a high-performance hotel management firm recognized as experts in the extended stay hotel space. With 60 hotels open or under management for a diverse group of clients across the country, Sandpiper Hospitality is on the leading edge of the hottest segment in hospitality. Hotel Business ranked Sandpiper Hospitality as a Top 50 Management Company in its 2022 Green Book and for the second year in a row, ranked it as one of the fastest growing companies in hospitality management. The firm has earned its position as the leading operator in the extended stay hotel segment of hospitality by virtue of superior returns on investment for its investors and clients. Sandpiper Hospitality - where expertise grounds us and flexibility elevates us. http://www.sandpiperhospitality.com About Actabl With a comprehensive suite of industry-leading technology solutions designed to meet the evolving needs of the global hospitality industry, Actabl provides all the insight and intelligence today’s hoteliers need to enhance operational efficiency, improve guest experience, and increase profitability at the individual, team, property, and enterprise levels. Bringing together the industry’s most powerful and proven brands, Actabl’s integrated solution includes the ALICE hotel operations management platform, ProfitSword’s AI-powered business intelligence technology, Transcendent’s advanced asset management, and Hotel Effectiveness’ complete labor optimization system designed for hotels and hotel management companies. With a global team of 250+ employees boasting over 1,000 years of combined hospitality experience, Actabl serves the technology needs of more than 10,000 properties in hospitality markets around the world. To learn more, please visit http://www.actabl.com. About ProfitSword by Actabl Founded in 2001, ProfitSword by Actabl’s mission is to provide exceptional business intelligence tools to the business community, specializing in data collection and integration, data analytics, operational functionality and reporting at all levels of the organization. The ProfitSword Suite is now in use by more than 30,000 users across 3,000+ business units. ProfitSword’s award-winning SaaS solutions provide the end user with applications for consolidated, real-time reporting and data management. ProfitSword uses various available methods of gathering data from disparate sources to create a powerful data warehouse. The suite of applications is accessible to all levels of users throughout the organization.

Read More

TRAVEL TECHNOLOGY,AIRLINES AND AIRPORTS

Simplex and TravelX partner to evolve the travel industry into new Web3 era

Simplex and TravelX | December 02, 2022

Simplex, the fiat infrastructure for digital assets globally, announced a partnership with TravelX, a technology company that is working with leading airlines and travel organizations like IATA (International Air Transport Association) to tokenize their inventory by turning them into NFTs (NFTickets). This integration provides customers with easy access to NFTickets through Simplex's on-ramp solution, allowing non-crypto users to purchase seamlessly. "We are honored to partner with Simplex as we create a more transparent, efficient, decentralized and collaborative travel economy. We are very happy to work with one of the world's most important players in digital payments and believe they are the right partner to join us in this journey," -Facundo Diaz, Co-founder of TravelX. NFTickets are the digital representation of regular flight tickets tokenized through blockchain technology. This allows airlines and travel agents to offer more efficient services and ticketing systems, while helping to reduce supplier distribution costs and inefficiencies, ultimately improving profitability. Travelers have more flexibility managing travel assets without support call centers and can easily buy, transfer, trade or sell tickets through blockchain, all on TravelX's marketplace. Distributed through peer-to-peer (P2P) channels, NFTickets unlock a new era of democratization in the travel industry. "We are excited to join forces with TravelX to accelerate their Web3 business with our seamless payment solutions, Together, we are transforming the industry by bridging the gap between traditional and decentralized finance and taking the old ticketing system into the future of Web3 applications." -Dror Ben Eliyahu, Simplex's Head of Business Operations. About Simplex Simplex is the fiat/crypto infrastructure for the entire world. An EU-licensed financial institution, Simplex aims to change the status quo of the current crypto markets by providing simple, seamless, and secure channels to convert over 100+ fiat currencies to 170+ cryptocurrencies. Simplex has been actively supporting existing and new protocols in the industry, nurturing and expanding its portfolio of supported cryptocurrencies and payment methods. About TravelX Led by a team of tech and travel industry veterans, TravelX is building a blockchain-based distribution protocol to create a more secure, decentralized, frictionless, transparent and efficient travel industry. The company's technology allows travel suppliers to tokenize their inventory into NFTs, unleashing distribution capabilities and use cases that enhance both travelers' flexibility and suppliers' profitability. For more, visit www.travelx.io

Read More