CoStar, TE Slightly Adjust Growth Projections in First U.S. Hotel Forecast of 2025

WASHINGTON—CoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2025 released at the Americas Lodging Investment Summit (ALIS). For 2025, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were unchanged from the previous forecast, +1.6 percent andContinue Reading

Affordability, Flexibility and Personalized, Local Experiences Are Key Factors Driving Leisure Travel in 2025, Per New Report

Affordability, Flexibility and Personalized, Local Experiences Are Key Factors Driving Leisure Travel in 2025, Per New Report – Image Credit TravelBoom Marketing    TravelBoom Hotel Marketing, a leading provider of innovative digital solutions for the hospitality industry, today announced the publication of new research to provide companies in the hospitality andContinue Reading

Leveraging TrustYou for Digital Transformation and Tourism Development

Leveraging TrustYou for Digital Transformation and Tourism Development – Image Credit Unsplash+    Leandro Carvalho Lima, Technical Manager for the Tourism Observatory at the State Secretariat of Economic Development of Mato Grosso, talks to us about developing a tailored KPI index, winning awards, and the importance of partnerships – both withContinue Reading

Tambourine Celebrates 2024 Travel Weekly Magellan Awards

Tambourine, the Fort Lauderdale-headquartered marketing technology company, is announcing its recognition in the 2024 Travel Weekly Magellan Awards. This year, Tambourine earned 11 awards, celebrating innovative campaigns and website designs created in partnership with its hotel, resort, and tourism destination clients worldwide. The Travel Weekly Magellan Awards honor the bestContinue Reading

InvestBev Closes Multi-Million Dollar Financing Agreement with Saga Spirits Group

Partnership Will Support Saga Spirits’ New Whiskey Brand – True Story – and Expand Kentucky-Based Bourbon Tourism Ventures InvestBev, a leading private equity firm focused exclusively on the adult beverage industry, is proud to announce the closing of an 8-figure barrel financing agreement with Saga Spirits Group LLC (aka TKCContinue Reading

Navigating the New Era of Travel: Sports Tourism & Gig&Tripping in 2024, Slow Travel & Alternative Destinations in 2025

A Permanent Hotel Room In Paris Saint-Germain’s Parc Des Princes – Image Credit Accor    2024 marked a boom in sports tourism and gig-tripping. 2025 is poised to see the rise of slow travel and alternative destinations, reflecting a shift in travelers’ priorities towards sustainability and unique experiences. According to aContinue Reading