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2871 posts

Europe: Slight uptick in business travel in H1 2024

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  • 21 August 2024
✈ AirPlus International reported a 1.7% increase in European business travel spend and a 1.6% rise in trips for H1 2024 compared to 2023. Average advance booking jumped to 28.8 days before departure, up from 26.3 days in 2023. Female travelers booked even earlier, 32 days ahead of travel, versus males at 27.2. The average trip length dropped slightly to 5.8 days, and one-day trips decreased to 6.7% from 6.8%.
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Date set for EU’s new entry and exit scheme

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  • 21 August 2024
📅 EU's new biometric Entry-Exit System (EES) starts on November 10, 2024, affecting travelers without EU passports by requiring fingerprints and photographs. Passport stamping will be replaced by digital checks. In the first half of 2025, ETIAS will be introduced, requiring travelers from 60 visa-free countries, including the UK, to pay €7 for electronic travel authorization to enter 30 European countries.
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Hyatt acquires boutique hotel specialist Standard International

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  • 21 August 2024
🏨 Hyatt plans to acquire Standard International for a base price of $150 million plus an additional $185 million over time. The deal, closing later in 2024, includes 21 hotels like The Standard London and The Standard High Line in New York. A new lifestyle group, headquartered in New York, will be part of Hyatt post-acquisition.
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Tambourine and Hyatt expanding Event Planner Experience globally

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  • 21 August 2024
📅 Launched in April 2023, the Event Experience Guide by Hyatt, part of "Together by Hyatt," offers resources like customized planning guides, property-specific food and beverage menus, and "Sustainability Fact Sheets" to improve communication in event planning. It's the first in a series of collaborations with Tambourine. More details at Tambourine's website.
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The welcome end of same-day business return flights

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  • 21 August 2024
🌍 On August 21, 2024, Suzanne Neufang, CEO of Global Business Travel Association, pointed out the disappearance of one-day business trips post-Covid. EY's ban on same-day flights cut them from 18% in 2019 to 3% in 2023, reducing greenhouse gas emissions by 59%. Lower-level employees benefit, avoiding grueling same-day return flights. The emphasis shifts from speed to meeting effectiveness.
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Why hotel reviews alone shouldn’t drive booking decisions

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  • 21 August 2024
🏨 Aug 21, 2024: 67% of travelers disregard hotel reviews older than six months, highlighting the importance of timeliness. Subjectivity in reviews is a key challenge, as personal preferences, such as a noisy location, vary. Reviews lack context on whether a hotel is family-friendly or well-located for certain activities.
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Room key in Apple Wallet by dormakaba

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  • 20 August 2024
📱 Apple Wallet now allows guests to skip the lobby with room keys stored on their iPhone or Apple Watch. The feature includes Express Mode for access without waking the device, Power Reserve functionality allowing the room key to work for up to five hours if the device needs charging, and enhanced security with Find My app compatibility. Guests can also share their room keys securely, manage permissions, and revoke access as needed.
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The good tourist

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  • 20 August 2024
🏖️ On August 20, 2024, The Guardian discussed the concept of "the new tourist," contrasting with the old tourist's selfish approach, and emphasized embracing and learning from different cultures to combat overtourism. The idea is to transform from being consumers of places to learners and connectors within them. Full story: [The Guardian](https://www.theguardian.com/news/article/2024/aug/19/the-good-tourist-can-we-learn-to-travel-without-absolutely-infuriating-the-locals).
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Travel isn’t dead. It’s just taking a vacation

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  • 20 August 2024
🏖️ On August 20, 2024, U.S. CEOs warned about declining consumer financial health impacting travel, following the highest unemployment rate since fall 2021. Despite this, the Conference Board reported more Americans plan vacations now compared to last year. U.S. hotel occupancy rates for the week ending August 10 were also up year-over-year, with over 82,000 locations monitored by CoStar Group.
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Marriott reaches licensing deal with Sonder

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  • 20 August 2024
🏨 Marriott to boost inventory by over 9,000 rooms by end of 2024, with 1,500+ future rooms. New "Sonder by Marriott Bonvoy" collection targets younger travelers, offers apartment-style and boutique hotels in cities. Partnership includes Marriott earning royalty from Sonder's room revenue.
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