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OTA Insight’s Mid-Year 2023 Report Reveals Robust Hotel Pricing Trends Amidst Shifting Global Dynamics

OTA Insight’s Mid-Year 2023 Report Reveals Robust Hotel Pricing Trends Amidst Shifting Global Dynamics

Report details regional differences in pricing trends

OTA Insight, the global leader in cloud-based business intelligence, today released its mid-year report on the state of global hotel pricing. The report provides a comprehensive overview of global hotel room rates in H1 2023, revealing industry trends and setting the stage for the remainder of the year.

Key findings of the report show resilient consumer spending on travel despite tightening household budgets and economic headwinds. A notable rebound in the Average Daily Rate (ADR) for the global hotel industry has been observed, with room prices exceeding pre-pandemic levels in Europe and comfortably above 2019 levels in North America.

Europe: High Demand for Short-Term Rentals and Sunny Destinations

Short-term rentals in Europe have seen high demand, recording a consistent 2%+ month-on-month growth rate in 2023. Meanwhile, a sunny forecast is in sight for Southern European destinations such as Algarve, Ibiza, Santorini, and Benidorm, as they record high room rate growth in H2 2023, indicating a strong summer season ahead.

Asia: A Beacon of Growth

The report paints an encouraging picture for Asia, which has recovered strongly with advertised prices 19% higher in H2 2023 compared to H2 2022. Popular tourist destinations in Japan, Thailand, and Indonesia are witnessing a resurgence as the region steadily gains ground.

North America: Signs of Slowing Growth

While room prices in North America remain above pre-pandemic levels, the region shows signs of slowing growth, potentially due to rapidly increasing interest rates and declining real incomes. Thirteen of the bottom 20 performers for room price growth from H1 to H2 2023 were located in the US, including previously strong vacation destinations in Florida and Mexico.

The report serves as a crucial resource for hoteliers and the wider hospitality industry, offering in-depth insights and market trends to support strategic decision-making.

Looking Ahead

As we enter the second half of 2023, global travel demand continues to grow, at varying rates across regions. While North America may be experiencing a slowing of momentum, Europe and Asia-Pacific seem set for sustained growth.

The global desire for travel and tourism remains strong, with a clear trend towards trusted, established leisure destinations. However, economic factors could pose challenges in 2024, potentially leading to a moderation in travel spend and a slower rate of price increases in the hotel industry.

To learn more about the report and gain comprehensive 2023 H1 insights, click here or contact: [email protected]

Contact Information:
Adam Swart
Global Head of Brand
[email protected]
917-359-8969


Original Source: OTA Insight's Mid-Year 2023 Report Reveals Robust Hotel Pricing Trends Amidst Shifting Global Dynamics OTA Insight’s Mid-Year 2023 Report Reveals Robust Hotel Pricing Trends Amidst Shifting Global Dynamics
Pizza Inn Delivers on Growth Strategy With Second Consecutive Year of Increased Buffet Unit Count

Pizza Inn Delivers on Growth Strategy With Second Consecutive Year of Increased Buffet Unit...

New Pizza Inn Prototype New Exterior Signage - Asheboro DALLAS, July 10, 2023 (Newswire.com) - RAVE Restaurant Group, owner and franchisor of Pizza In...
Meggan Kaiser Shares Tips to Prepare for A Summer Camping Explosion on TipsOnTv

Meggan Kaiser Shares Tips to Prepare for A Summer Camping Explosion on TipsOnTv

Author of 'Free Travel for the Modern Nomad,' Actress and Travel Host, Shares Tips for Enjoying Camping

Meggan Kaiser Shares Tips to Prepare for A Summer Camping Explosion on TipsOnTv
Travel Expert Meggan Kaiser Shares Camping Advice

Celebrate National Camping Month with Ideas from Travel Expert Meggan Kaiser

Summer is here, which means that people are looking for new adventures. Travel expert, TV host and author Meggan Kaiser offers some tips on camping to help make sure everyone has an enjoyable experience, whether it be visiting the national parks or camping in the backyard. As the author of Everywhere for Nothing: Free Travel for the Modern Nomad, Meggan is known for having big adventures on a small budget. Whether it is traditional camping with a tent and campfire, or resort-style Glamping, here are some ways to help make the next adventure a success.

CAMPING DESTINATION

Texas is home to some of the most beautiful and diverse landscapes in the country, with plentiful options for first-time and experienced campers. It has close to 100 state and national parks that offer every imaginable type of landscape to explore ranging from beaches to lakes and rivers to mountains and prairies. Also, now is a great time to start planning a Texas camping trip for the fall to take advantage of the cooler temperatures and longer nights for gazing at the stars. Texas has something for everyone. For more information, visit www.traveltexas.com

STAYING SAFE

Traveling, especially camping, usually means driving somewhere, and road safety starts with tires. This BFGoodrich Trail-Terrain T/A tire is engineered with exploration and safety in mind, to handle tough terrain on or off road, plus it provides a comfortable and secure ride. Our greatest adventures often lie outside the road's painted lines, so live life and get out there with peace of mind by finding the BFGoodrich Trail-Terrain T/A tires. For more information, visit www.bfgoodrichtires.com

COMFORTS OF HOME

It is important that the food and drink trip stays fresh. For this, try the new GoSun solar coolers because they are solar-powered and never need ice. This means no digging through freezing ice, it is like going to the fridge at home. The Chill is perfect for camping, tailgating, the beach, or really any summer activity. Get the GoSun this Summer to stop having soggy sandwiches or rummaging through ice. For more information, visit gosun.co

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Original Source: Meggan Kaiser Shares Tips to Prepare for A Summer Camping Explosion on TipsOnTv
Kinga Philipps Shares Summer Travel Ideas for Florida on TipsOnTV

Kinga Philipps Shares Summer Travel Ideas for Florida on TipsOnTV

Ideas for Family Travel Travel Host & Adventurer Kinga Philipps Shares Tips for an Epic Florida Vacation National Geographic Host Kinga Philipps ...
Camp Media Expands Portfolio With Acquisition of Honeymoons.com

Camp Media Expands Portfolio With Acquisition of Honeymoons.com

As an established leader in the honeymoon industry, Camp Media is committed to delivering unparalleled value and exceptional experiences to newlyweds worldwide with the acquisition of Honeymoons.com. ...
Simple Spirits Shines at the San Francisco World Spirits Competition

Simple Spirits Shines at the San Francisco World Spirits Competition

Simple Vodka Wins Coveted Platinum, Hawthorn's London Dry Gin Awarded Double Gold, and Simple Spirits Named Innovator of the Year

Simple Spirits Shines at the San Francisco World Spirits Competition
Simple Spirits Portfolio

Simple Vodka, Hawthorn's London Dry Gin, and Xoma Pulcatta

Simple Spirits, an emerging portfolio of premium spirits, is proud to announce its exceptional performance at the prestigious San Francisco World Spirits Competition (SFWSC). The competition, distinguished for its rigorous judging process and esteemed panel of experts, recognized Simple Spirits' unwavering commitment to innovation and creating spirits of the highest caliber.

Simple Vodka has carved a path of distinction by using farm-fresh Idaho® Potatoes and pristine water sourced directly from the renowned Snake River Aquifer. Following strict quality standards, Simple Spirits ensures that Simple Vodka contains no additives or secret ingredients. Simple Vodka delivers an authentic, ultra-smooth taste that has captivated the discerning palates of spirits connoisseurs. The groundbreaking achievement of a Platinum Medal further solidifies Simple Vodka's position as a leading producer of premium vodka.

Hawthorn's London Dry Gin was once again awarded the esteemed Double Gold Medal. This extraordinary gin, first crafted at sea by Hawthorn's founder Will Turnage's grandfather during World War II, honors a rich legacy of artisanship. Hawthorn's London Dry Gin offers a harmonious balance, featuring unique citrus notes that set it apart from traditional gins. Its consistent recognition at the SFWSC reaffirms the exceptional quality and craftsmanship that goes into every bottle.

Xoma Pulcatta made an impressive debut, securing a Silver Medal in the highly competitive agave spirits category. Handcrafted in cooperation with a network of milpa farmers in Puebla, Mexico, Xoma Pulcatta represents the revival of an agave spirit that dates back to the Aztecs. Circular farming methods ensure sustainability while preserving authentic flavors that make Xoma Pulcatta a uniquely superior agave spirit. 

Simple Spirits was also recognized as Innovator of the Year. This distinguished honor acknowledges Simple Spirits' unique social-impact model, emphasizing the importance of brand ethos alongside product quality. The brand's mission to combat hunger in America by providing a meal through local food banks for every drink poured exemplifies its dedication to community support. To honor its naval lineage, Hawthorn's London Dry Gin takes it further by supporting U.S. Veterans in need, ensuring Simple's contributions extend beyond the spirits it creates. 

"We are honored and humbled to receive the highest of honors from the esteemed judges at the San Francisco World Spirits Competition," says Danny Lafuente, CEO and Founder of Simple Spirits Company. "As a company, we exist to be more than just what's in the bottle - but the continued recognition for the excellence of our spirits makes it a lot easier to do the good we set out to achieve."

About Simple Spirits

Simple Spirits is a renowned portfolio of exceptional spirits dedicated to captivating the senses whilst elevating the soul. With an unwavering commitment to quality and craftsmanship, Simple Spirits has gained recognition for its award-winning spirits, including Simple Vodka, Hawthorn's London Dry Gin, and Xoma Pulcatta. Each expression is meticulously crafted using the finest ingredients and time-honored distillation techniques, setting a new standard for excellence in the spirits industry. 

Learn more at www.simplespirits.co.

About SFWSC

The San Francisco World Spirits Competition is one of the oldest, largest, and most respected spirits competitions on the planet. Judges are highly esteemed, seasoned industry experts from around the world that convene to participate in a blind tasting to ensure fair judgment. Together, the people and the process make the medals given a universally recognized indicator of exceptional quality.

Learn more at www.thetastingalliance.com.

Contact Information:
Kate Kelley
Head of PR & Marketing
[email protected]

Daniel Lafuente
Founder & CEO
[email protected]


Original Source: Simple Spirits Shines at the San Francisco World Spirits Competition
Stone Street Coffee Introduces the Revolutionary Cold Brew Pitcher Packs

Stone Street Coffee Introduces the Revolutionary Cold Brew Pitcher Packs

Revolutionizing the Cold Brew Experience: Stone Street Coffee Launches Easy-to-Use Pitcher Packs for Cafe-Quality Cold Brew at Home ...
Copper Canyon Train: The Ultimate Scenic Journey in Mexico’s Copper Canyon

Copper Canyon Train: The Ultimate Scenic Journey in Mexico’s Copper Canyon

Hoteleus presents an unforgettable journey aboard the Copper Canyon train, a perfect blend of breathtaking landscapes, cultural immersion, food tasting, and unique adventure. Explore the sprawling vistas in the Copper Canyon train tours and the deeply rooted traditions of its indigenous people, the Raramuris, also known as the best long distance runners of the world.

Copper Canyon Train: The Ultimate Scenic Journey in Mexico’s Copper Canyon
Copper Canyon Train el Chepe

Happy Tourist in the Copper Canyon Train Tour

Renowned for creating unforgettable travel experiences, Hoteleus is delighted to announce the roll-out of its new packages aboard the Copper Canyon train. This immersive expedition offers travelers an up-close and personal encounter with the expansive beauty of Mexico's Copper Canyon, a natural wonder that extends even larger and deeper than the Grand Canyon.

"Our goal at Hoteleus is to create unique travel experiences that go beyond the ordinary," commented Eddie Aguilar, Travel Designer of Hoteleus. "Our latest offering of Mexico's Copper Canyon train tours provides travelers a unique opportunity to explore one of Mexico's most beautiful landscapes and engage with its authentic culture."

To experience breathtaking vistas and learn more about the Copper Canyon train tours, visit: https://hoteleus.com/en-us/tours-copper-canyon. Interested readers can also visit the blog of Hoteleus about Mexico's Copper Canyon at https://mexicocoppercanyontours.com.

Mexico's hidden gem, the Copper Canyon train, offers an unrivaled blend of adventure and awe-inspiring beauty. From exhilarating zip-lining experiences and bird-watching in lush forests, to breathtaking viewpoints showcasing panoramic vistas, Mexico's Copper Canyon is a destination like no other.

The tours to Mexico's Copper Canyon by Hoteleus meld together the thrill of adventure, a deep appreciation for culture, and moments of serene relaxation at boutique hotels. Each itinerary is curated with great precision to highlight the richness of the region and the stunning diversity of its nature.

The heart of these tours is a breathtaking journey aboard the famous Copper Canyon train known as "El Chepe Train". This historic Copper Canyon railway ride offers guests an unforgettable scenic passage through the Sierra Tarahumara, providing a distinctive perspective of the region's natural beauty.

The Copper Canyon train tour also presents an exciting chance for visitors to engage with the indigenous Rarámuri people, renowned for their impressive long-distance running abilities, brightly colored clothing, and deeply rooted traditions. Participants will be charmed by the vibrant cultural performances, local handicrafts, and delightful regional cuisine.

Hoteleus, in line with its commitment to responsible tourism, ensures these tours are conducted with utmost respect for the environment and local communities. Besides the iconic Copper Canyon train journey, the tour also includes options for hiking, mountain biking, and even hot air ballooning to get a panoramic view of the canyon.

About Hoteleus 

Hoteleus, a travel and hospitality company with a progressive outlook, is dedicated to offering unique, culturally-rich, and eco-friendly travel experiences. By partnering with local communities, Hoteleus ensures a balance between visitor enjoyment and local prosperity, delivering genuine experiences that honor the region's cultural and natural heritage.

Contact Information:
Claudia Aceves
Marketing Manager
[email protected]
(120) 2982 3041

Eddie Christian Aguilar Kleimann
Marketing Manager
[email protected]
(120) 2982 3041
Related Files
Copper Canyon Train Tours.pdf



Original Source: Copper Canyon Train: The Ultimate Scenic Journey in Mexico's Copper Canyon
BookOutdoors and Dónde Join Forces to Offer Unforgettable Outdoor Travel Experiences

BookOutdoors and Dónde Join Forces to Offer Unforgettable Outdoor Travel Experiences

Through Dónde's innovative platform, employees at participating companies can now access a wide selection of outdoor accommodations from BookOutdoors.

BookOutdoors, the fastest-growing online destination for booking outdoor travel, is pleased to announce its strategic partnership with Dónde, the innovative employee travel benefits platform. This collaboration brings together two industry leaders to revolutionize the way companies support and reward their employees' PTO travel, providing unforgettable outdoor travel experiences.

Through this strategic partnership, BookOutdoors will offer its extensive range of outdoor accommodations, including campgrounds, RV resorts, cabins, and glamping resorts, into the Dónde platform, expanding the travel options available to employees. With access to BookOutdoors' diverse inventory, employees can choose from a wide selection of desirable destinations across the country.

"We are thrilled to partner with Dónde to bring outdoor accommodations to their innovative platform," said Brian Nolan, co-founder and CEO of BookOutdoors. "Research shows that time spent outdoors boosts productivity and creativity, reduces stress, and improves mental health. By collaborating with Dónde, we can encourage the use of PTO for outdoor travel and reach a broader audience of employees seeking to unwind and recharge under the sun and stars."

Dónde's co-founder and CEO, Rilee Buttars, shared her excitement about the partnership, stating, "We are excited to add BookOutdoors to our growing network of travel partners. The addition of their outdoor accommodations enhances the diversity and flexibility of travel options available to employees. We believe that time spent outdoors has tremendous benefits for individuals, and this partnership enables us to provide even more memorable vacation experiences."

The collaboration between BookOutdoors and Dónde represents a significant step forward in the realm of employee travel benefits, allowing companies to enrich their employees' lives and well-being by offering unique outdoor travel opportunities. By aligning their visions and expertise, BookOutdoors and Dónde are poised to create a new standard for PTO travel experiences.

About BookOutdoors

BookOutdoors is a rapidly growing travel booking website that focuses exclusively on outdoor hospitality. With BookOutdoors, guests can effortlessly reserve any type of outdoor accommodation they desire, such as RV parks, glamping resorts, cabins, tent camping, and marinas, without booking or membership fees. The founders of BookOutdoors are renowned leaders in outdoor hospitality, together with successful tech entrepreneurs, and are backed by leading VC investors and executives from the largest travel and hospitality businesses. For more information or to list your property, visit bookoutdoors.com.

About Dónde

Dónde is the time-off platform that reignites company culture by turning employers into the champions of unforgettable vacations, unplugged time away, and work-life balance. Dónde helps organizations attract and retain top talent by contributing to their employees' Dónde vacation spending accounts. Employees can use the Dónde platform to discover, plan, and pay for their next adventure. Learn more at www.godonde.com.

Contact Information:
Tommy Currit
COO
[email protected]

Brian Nolan
CEO
[email protected]


Original Source: BookOutdoors and Dónde Join Forces to Offer Unforgettable Outdoor Travel Experiences
Texas Titan Willie’s Grill & Icehouse to Open Anticipated Kyle Location July 17

Texas Titan Willie’s Grill & Icehouse to Open Anticipated Kyle Location July 17

Willie's Kyle is the 20th Willie's in Texas, as well as the eighth location featuring a full bar

Willie's Grill & Icehouse will officially begin serving its signature Texas comfort food in Kyle, Texas, on Monday, July 17, 2023. The anticipated Kyle outpost is the 20th in the state for the Texas-based, Texas-grown brand, as well as the eighth location to feature an expansive full bar. The addition underscores Willie's reign as the region's top family-friendly haven, where a renowned scratch Texas kitchen and casual icehouse vibes offer wholesome fun for parents and kids.

Located at 19220 I-35, Kyle, TX 78640, Willie's in Kyle is defined by the same mouthwatering menus, sprawling open-air patio spaces, and genuine friendliness that have endeared the brand to families for almost three decades. Retractable glass garage doors facilitate easy movement between outdoors and Willie's colorfully decorated interior, rooted in vintage-inspired nods to the Texas icehouse tradition. Outside, games, 18 massive flat-screen TVs, and ample seating beckon, providing plenty of room for relaxing, watching a game, and reconnecting with family over classic dishes always made from scratch, served with inspired craft cocktails, local brews, and more.

Willie's steadfast commitment to the community remains an anchor at the Willie's Kyle location as well. First up: substantial donations to the Kyle Fire Department and Seton Foundations. In addition to ongoing philanthropic efforts, Willie's presence in Kyle has also created more than 100 local jobs. Willie's actively promotes and hires from within, believing every position has the potential for long-term career growth.   

The Willie's Kyle menu features what's made Willie's famous, including burgers so stacked with Texas housemade fixings that they nearly topple over, plus chicken fried steaks that are crispy outside, hot and tender inside, and almost spilling off the plate. Beloved options include Willie's Favorites: The Icehouse Willie, a half-pound beef burger smothered with cheese, bacon, and mushrooms; the Catfish & Shrimp Combo, featuring battered and fried catfish and shrimp, served with fries and cool coleslaw, plus cocktail and tartar sauces and lemon wedges on the side; and Chicken Tenders, hand-breaded and served with fries, with the option to spike the tenders' flavor profile by tossing them in buffalo, BBQ, garlic parmesan, or honey garlic sauces. 

"Kyle was the perfect location for our newest Willie's restaurant," said Greg Lippert, CEO of Willie's Restaurants. "We're lucky to have gotten to know the community in our short time here. We've quickly learned their values, energy, and love of great food align with ours, so we are sure this is going to be a match made in heaven." 

Contact Information:
Rachel Austin
Publicist
[email protected]


Original Source: Texas Titan Willie's Grill & Icehouse to Open Anticipated Kyle Location July 17