Work with OTAs, review your cancellation policies, advertise on GHA and keep an eye on facilitated bookings.
Multiple misleading identities, more than 100 host accounts and 18 corporations were created to run an illegal hotel business in Manhattan, according to a lawsuit filed by the city.
Nasdaq-listed Ctrip and New York-listed Green Tree Hospitality form the cornerstone investors for New Century Hotel’s stock market debut, which aims to raise up to USD 180 million.
By 2022, Phocuswright predicts, direct bookings are on track to grow to a 50% share.
Airbnb's cofounder Nathan Blecharczyk maintains that the company don’t focus on the competition very much.
The joint venture is expected to unveil hotels under the new brand across gateway cities such as Shanghai, Beijing, Guangzhou in China in the next five years.
Accor spends $700 million a year on sales and marketing while Marriott spends $4 billion and Hilton more than $2.2 billion, Accor intends to catch up with what competitors spend.
Using AI to generate more relevance for the consumer can reduce acquisition costs by as much as 50% while increasing revenue by 43%.
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