Travel Weekly Group Ltd - 10 Minutes News for Hoteliers - Page 82

2 min

Majority of short-term rental hosts are…

🏠 Nearly 80% (79.7%) of independent short-term rental (STR) hosts won't hire property management companies in the next year due to high costs (82.2%) and preference for control (58.4%). Over 12.5% returned to self-management after dissatisfaction with traditional management services. They value direct guest interaction (63.7%), higher profitability without management fees (54.7%), and flexibility (48.8%). Technology is crucial for 96.8% of hosts, as tools like Hospitable's software, founded in 2016, enable efficient management, with features like 90% automated guest messaging and synchronized calendars.

4 min

AI, personalisation, distribution and…

📈 At ITB Berlin, Sabre's audience poll led by Scott Wilson revealed: 72% believe in the necessity of both direct and indirect travel distribution; 49% agree the industry struggles with personalization at scale, while 51% disagree; 65% say companies not embracing AI will lose their competitive edge within three years; and 90% think travelers won't pay more for sustainability. An Expedia study showed travelers check up to 277 pages before booking. The global AI market is projected to reach $1.8 trillion by 2030, and AI could increase data center power demand by 165% by decade's end. Despite 75% of travelers wanting to be sustainable, only 6-13% consider it in bookings.

2 min

Alvarez & Marsal appoints Martin Rinck as…

📌 Alvarez & Marsal (A&M) has expanded its EMEA Travel, Hospitality & Leisure Practice with Martin Rinck as managing director. Rinck possesses 35 years of expertise, including 13 years on Hilton's Executive Committee, and roles such as EVP & Chief Brand Officer and EVP, Global Head Luxury & Lifestyle Group. He contributed to Hilton's growth from 90 to 600+ properties and a $2 billion revenue increase. Rinck also serves on various boards, including Room to Read and SLH.

2 min

Qingming Festival in China brings new…

🏖️ Fliggy, a Chinese online travel platform, disclosed trends from the Chinese Spring Festival and Qingming festival, highlighting a surge in luxury getaways, domestic flights, and hotel bookings. 4- and 5-star hotels saw the fastest growth. Popular destinations included Shanghai, Beijing, Hangzhou, Guangzhou, Shenzhen, Chengdu, along with outbound favorites like Japan, South Korea, Hong Kong SAR, Thailand, and Singapore. Austria, Hungary, the Netherlands, Saudi Arabia, Denmark, Uzbekistan, Norway, Georgia, Germany, and Brazil experienced rapid booking increases. Notably, outbound bookings for departures 2 days before holidays rose 20% year-on-year; overseas attraction tickets went up by 56%, international cruises by 172%, and international train tickets by 293%. Domestic car rentals increased by 33%, with train ticket bookings soaring over 200%. Traveler spending grew by almost 5% year-on-year, and car rental duration averaged 3.1 days, up 41% year-on-year. Fliggy's Vice President Zhang Chen anticipates the demand for nature-centric getaways to continue throughout the year.

1 min

BizAway appoints a new General Manager

🏢 Dario Rizzo joins Italian-based scale-up BizAway as General Manager to bolster the company's global brand positioning and invest in young talent. With a degree in Economics and Banking Science and specialization in Economics and Financial Intermediaries Management from Siena, Rizzo brings digital strategy and B2B marketing experience from previous roles at Tribe47, GetResponse, and Factorial in cities like London, Warsaw, Gdańsk, and Barcelona. CEO Luca Carlucci anticipates Rizzo will enhance community, share knowledge, and create new opportunities for the company.

2 min

Cybersecurity threats and geopolitical…

📌 A survey of 500 UK business travellers by Opinium for World Travel Protection reveals 55% find business travel increasingly unpredictable, and 43% are less willing to travel for work. The main concerns for 2025 are travel disruption (74%), losing essential items (72%), crime (65%), cybersecurity threats (62%), and geopolitical instability (59%). In 2022, World Travel Protection saw a 17% increase in emergency evacuations and repatriations, and severe weather disruptions nearly 50% higher. Health and mental health concerns are significant, with 59% worried about medical emergencies and 58% about mental health issues. Women expressed greater concern about travel safety, with 56% worried about harassment and discrimination, and 63% about sexual assault.

2 min

Insurtech company Pikl boosts its…

🏖 Pikl, a vacation rental insurtech company, appointed Steve McGuinness as COO and James Everett as CUO to bolster its leadership for growth post successful 2023 B2B launch. McGuinness, formerly at Saga, Auto & General, Chubb, RBS, will manage performance and risk. Everett, ex-Deputy Head of Underwriting at Canopius Group, will focus on insurance solutions for vacation rental businesses. CEO Louise Birritteri anticipates rapid growth and market expansion with their expertise.

1 min

Survey shows travellers are skipping Paris…

🖤 According to WeRoad's poll of 4,600 solo European travelers, over 40% find off-the-beaten-path destinations like Uzbekistan, Namibia, Jordan, and Kyrgyzstan more meaningful. One-third seek new places, while 20% prefer fewer crowds. Nearly 50% made lifelong friends, 34% enhanced their Instagram, and others compared the solo travel experience to therapy, fostering connections with the world and self.

2 min

Travel policy decision-makers put savings…

????🚌 In a survey of 1,000 UK participants, 67% prioritize cost savings in business travel over the next 12 months; 39% rank it as their top priority, shifting from the previous five years' focus on sustainability. Only 28% experienced increased focus on sustainability since 2020, compared to 25% on cost reduction. Currently, 46% consider sustainability a top priority, with 56% actively trying to reduce carbon emissions. Despite the cost focus, just 28% plan to cut business travel spending, while 21% will increase it. "Ease of use for employees" is the third key priority at 34%. Another survey of 250 business travelers found preferences for premium travel options and short wait times, indicating a possible underestimation of such employee preferences by policy makers. Uber for Business UK's Director, Jenna Brown, emphasizes the importance of ground transportation costs and the benefits of shorter wait times and easier expensing for employee satisfaction.

2 min

MATARAT Holding partners with SITA to…

✈ MATARAT Holding signed an MOU with SITA to digitize Saudi airports, enhancing passenger experience and operational efficiency. SITA has implemented biometric systems in Riyadh's King Khalid International Airport and created the Kingdom's first fully biometric journey at NEOM Bay Airport. The collaboration aims to support Saudi's goal of handling 330 million passengers annually by 2030, connecting over 250 destinations. MATARAT oversees 27 airports, aiming to align with the Saudi Aviation Strategy and Vision 2030.

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