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GlobalData: U.S. source market most valuable

U.S. overseas tourism spend per person reached $3,580 in 2021

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GlobalData: Robotics operation in travel and tourism industry set to grow

The utilization of robotics will continue to grow in importance in the travel and tourism industry. However, companies need to be sensitive in how
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Globaldata: Upsizing could be a major travel trend

Financial situations worsening for consumers has been widely discussed amid the COVID-19 pandemic. However, many consumers managed to bypass this financial squeeze and have
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GlobalData: Hotel Industry Will See Increased Privacy, Flexibility in 2021

INTERNATIONAL REPORT—Increased privacy and flexibility are two of the standout trends that leading data and analytics company GlobalData notes will shape the lodging industry
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GlobalData: MICE Tourism May Never Fully Recover From COVID-19

INTERNATIONAL REPORT—Meetings, incentives, conferencing and exhibitions (MICE) tourism was one of the first types of tourism to be impacted by the global spread of
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GlobalData: Airbnb Could Lose Portion of Hosts to Long-Term Rental Sites

INTERNATIONAL REPORT—Airbnb hosts around the world have been losing the vast majority of their bookings in recent months, and many of them need a
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China’s Luxury Hotels Had 10% 2019 Revenue Growth

INTERNATIONAL REPORT—In 2018, China was the largest market for luxury hotels in the world, registering year-over-year (YOY) growth of 18.3% in revenue. Continuing the
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GlobalData: OYO Downsizing Highlights Risk with Rapid Growth

INTERNATIONAL REPORT—Following the news that OYO’s growth strategy is currently being re-evaluated due to questions surrounding its ability to become profitable. Ralph Hollister, analyst,
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GlobalData: U.S. Tops Budget Hotel Market

LONDON—In 2018, the U.S. reported the highest revenue in the budget hotel market worldwide, followed by the U.K. Revenue increased by 3.5% year-over-year (YOY)
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