The events industry has undergone significant transformations over the past few years, driven by technological advancements, changing consumer preferences, and the aftermath of the global pandemic. As we look ahead to 2025, several key trends are poised to shape the future of events, offering new
The U.S. hotel industry reported a week of varied but largely positive growth, ending on December 7, 2024, with mixed performance trends observable across different cities. The three primary metrics—occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR)—showed notable ye
In November 2024, the U.S. travel industry witnessed significant developments, with air ticket sales hitting $7.2 billion, marking a 7% year-over-year increase. This upsurge was influenced by a notable rise in international passenger trips, which grew by 3% compared to the same month last year.
For the week ending December 14th, the U.S. hotel industry demonstrated positive year-over-year growth, driven by an increase in occupancy, average daily rate (ADR), and revenue per available room (RevPAR). Occupancy surged by 8.5% to 59.5%, ADR grew by 8.9%, and RevPAR saw significant growth,
The UK government has been urged to permanently reduce business rates to support the hospitality sector, which has historically overpaid in taxes by £2.4 billion annually. UKHospitality, representing the hospitality industry, presented compelling evidence to the Public Bill Committee regarding the
As the winter season approaches, a noticeable surge in travel interest has emerged, fueled by a collective quest for sunny escapes, bustling cityscapes, and exhilarating snow adventures. According to the Expedia Winter Travel Outlook, there has been a 10% increase in winter travel interest compared
