Πέμπτη, 26 Απριλίου 2018

TripAdvisor announces the best time to book hotels for maximum summer savings

NEEDHAM, MASS. - TripAdvisor, the travel planning and booking site, announced its "Best Time to Book" report, revealing when travelers can consistently find and book the lowest hotel prices for summer trips. To glean these insights, TripAdvisor analyzed historical hotel pricing data to identify the time periods offering the lowest rates on hotels for summer in popular destinations around the world. The "best time to book" is when hotel prices were consistently less than the destination average.
Within a Month of a Trip is Often the Best Time to Book Hotels this Summer
  • The average rate for a U.S. hotel this summer is $236 per night, and travelers who book within a month of their trip can save as much as 15%, compared to early year peak rates.
  • Boston, Chicago, Orlando, San Diego, Las Vegas, Miami, New York City, Philadelphia, San Francisco and Washington, D.C. are among U.S. cities that see some of the most significant savings when booking within a month of a summer trip, up to 40%.
  • While early birds tend to do better when booking Europe, travelers thinking about visiting Paris and London in August can book within five weeks of their trip to save up to 25%.
"Travelers planning their summer trips can still save on hotels (and flights) to amazing destinations around the world," said Brooke Ferencsik, senior director of communications for TripAdvisor. "The great news is that it doesn't matter if you are a last minute traveler or someone who likes to plan all aspects of your trip months in advance. There are lots of savings to be had so you can afford to go."
10 U.S. Cities Where Booking Within One Month of Your Summer Trip Can Save You Big
New York City 
Max. potential savings vs. peak pricing: 40%
Average summer hotel pricing on TripAdvisor: $277 per night
Las Vegas 
Max. potential savings vs. peak pricing: 40%
Average summer hotel pricing on TripAdvisor: $161 per night
Max. potential savings vs. peak pricing:  37%
Average summer hotel pricing on TripAdvisor: $190 per night
Washington, D.C. 
Max. potential savings vs. peak pricing: 34%
Average summer hotel pricing on TripAdvisor: $232 per night
Max. potential savings vs. peak pricing: 34%
Average summer hotel pricing on TripAdvisor: $153 per night
Max. potential savings vs. peak pricing: 33%
Average summer hotel pricing on TripAdvisor: $202 per night
New Orleans 
Max. potential savings vs. peak pricing: 32%
Average summer hotel pricing on TripAdvisor: $224 per night
Max. potential savings vs. peak pricing:  31%
Average summer hotel pricing on TripAdvisor: $184 per night
San Francisco 
Max. potential savings vs. peak pricing: 31%
Average summer hotel pricing on TripAdvisor: $297 per night
Max. potential savings vs. peak pricing: 25%
Average summer hotel pricing on TripAdvisor: $190 per night
Best Time to Book windows and hotel savings compared to peak rates based on TripAdvisor pricing data from July 2016 through August 2017.
Average summer hotel pricing based on TripAdvisor pricing data from January 1 – April 15, 2018

Hilton Reports First Quarter Results, Raises Full Year Outlook

MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its first quarter 2018 results. All results herein, including prior year, reflect the adoption of new accounting standards, including Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09").
Highlights include:
  • Diluted EPS was $0.51 for the first quarter, and diluted EPS, adjusted for special items, was $0.55, a 45 percent increase from the first quarter of 2017
  • Net income for the third quarter was $163 million
  • Adjusted EBITDA for the first quarter was $445 million, an increase of 9 percent from  the same period in 2017
  • System-wide comparable RevPAR increased 3.9 percent on a currency neutral basis for the first quarter from the same period in 2017
  • Approved 25,700 new rooms for development during the first quarter, growing Hilton's development pipeline to 335,000 rooms as of March 31, 2018, representing 9 percent growth from March 31, 2017
  • Opened 10,600 rooms in the first quarter, a 7 percent increase from the same period in 2017, adding 7,100 net rooms
  • Repurchased 1.3 million shares of Hilton common stock for an aggregate cost of $110 million during the first quarter
  • In April 2018, repurchased 16.5 million shares of Hilton common stock from HNA for $1.17 billion in connection with HNA's full divestiture of its investment in Hilton
  • In April 2018, issued $1.5 billion aggregate principal amount of 5.125% Senior Notes due 2026 to facilitate the stock buyback from HNA and to repay approximately $500 million of Hilton's senior secured term loan facility
  • Raised guidance for full year 2018 system-wide comparable RevPAR growth to between 2.0 percent and 4.0 percent, an increase of 100 basis points at the mid point
  • Raised Adjusted EBITDA guidance for full year 2018 to between $2,060 million and $2,100 million
  • Raised capital return guidance for full year 2018 to between $1.7 billion and $1.9 billion

Millennium Point appointed all female executive team

Αποτέλεσμα εικόνας για Millennium Point appointed all female executive team

Millennium Point, Birmingham Eastside’s event and office destination has appointed all female executive team members for the first time.

Millennium Point is 46,451sqm anchor building, which overlooks Eastside Park has appointed Abigail Vlahakis as finance director and Rebecca Delmore as commercial director. They join chief executive Judith Armstrong and head of people, learning and development, Vanessa Currie. The new appointments in the house of Millennium Point follow calls by Judith Armstrong earlier this year for more women to consider careers in science, technology, engineering and maths (STEM). Millennium Point also recently hosted the visit by HRH Prince Harry and Miss Meghan Markle coinciding with International Women’s Day.

Vlahakis was earlier the senior tax manager at KPMG in Birmingham, while Delmore was previously director of group sales for 5Ways Hospitality, which included the opening of Park Regis Birmingham.

Armstrong said that as a venue and destination which is dedicated in supporting STEM, and as keen exponents of attracting more women into senior positions.

The business profits from Millennium Point’s commercial activities in the building are used to fund organisations, projects and initiatives with interests in STEM.

During the past four years, Millennium Point Trust has donated more than £4m to support STEM initiatives.

Golden Tulip sign MoU with Ice Land Water Park under endorsement of RAKTDA

Golden Tulip Khatt Springs Resort & Spa signed an agreement with Ice Land Water Park under the endorsement of Ras Al Khaimah Tourism Development Authority (RAKTDA) at Arabian Travel Market today (Wednesday 25th April).

The agreement, which will provide guests staying at Golden Tulip Khatt Springs and Golden Tulip Dibba Oman Resort with complimentary access to Ice Land Water Park during their stay, was signed on RAKTDA’s stand at Arabian Travel Market, taking place at Dubai World Trade Centre.

Photo caption from L-R:

Shaji Thomas, Director Tourism Development, Ras Al Khaimah Tourism Development Authority (RAKTDA); Elwin Kemming, Consultant Director of Sales & Marketing, Ice Land Water Park; Rabih Abou Mrad, General Manager, Golden Tulip Khatt Springs Resort & Spa; and Mohamed Khater, Assistant Director, Tourism Development, Ras Al Khaimah Tourism Development Authority(RAKTDA).

Eight activities to try on holiday in Bali

Αποτέλεσμα εικόνας για Eight activities to try on holiday in Bali

Indonesia’s tourism industry continues to go from strength to strength. One of the country’s most popular regions is Bali, whose natural scenery, culture and temples continue to appeal. Furthermore, the island’s rising number of visitors represents a wider spread of demographics and types of traveller than ever.
The island has plenty of good publicity, meaning travellers looking for a Bali guide to local hotels, restaurants and entertainment are well catered for. Nevertheless, there are several attractions and activities any visitor ought to consider on their journey. Eight of the best have been highlighted below, showing Bali’s adventurous side as well as some of its more tranquil pursuits.
Tanah Lot Temple
This ancient Hindu temple is the pride of Balinese landmarks. Yet while all faiths see representation through temple sites across Bali, Tanah Lot Temple’s location on top of a rocky outcrop is a big part of its appeal. The temple itself, with its intricately designed towers, is tucked behind rich vegetation. Steps carved into the stone give visitors a sense of scale as they climb to appreciate the architecture.
Tanah Lot Temple draws crowds of sunset lovers every evening. Over the ages, seawater has eroded the landscape around the temple, so it becomes an island at high tide. At low tide however, visitors can walk across soft sands to see it.
Culture in Ubud
The community of Ubud in Bali is popular, yet still enough off the beaten track to appeal. It’s surrounded by rice paddies and has a rich history. Moreover, tourists visit Ubud due to its artisan heritage, seen in the handcrafted pieces sold here. Clothing and traditional food also give holidaymakers a reason to visit Ubud when seeking authentic Bali culture.
Ubud houses many of Bali’s best museums. Of particular interest is the Neka Art Museum for its paintings and sculptures, as well as its collection of keris daggers.
The Devdan Show
Bali’s Devdan Show is a visual spectacle. It takes all elements of Indonesian culture, history, myth and folklore and combines them into colourful musical and dance performances. Highwire acts and acrobatics are mixed with dance routines and a few comedic touches in a two hour show that is available throughout the year.
Seafood at Sanur
While fresh fish is easily found across Bali, visitors often favour the small town of Sanur. This coastal retreat has a promenade of seafood restaurants, where fresh catches of all kinds are served with ice and chilli. Tradition is strong here, and the usual method of preparation involves dishes being grilled over coconut husks.
The Love Anchor bazaar
Bali has a bohemian side that attracts many holidaymakers. Of all Bali’s evening markets, Love Anchor in Canggu best summarises that feeling. Its fairy lights and neon are to be seen throughout its maze of stalls and shacks.
Visitors can expect to find everything from sweet treats and street food through to traditional artwork. However, the artistic side of the market is also seen in its New Age trinkets and handmade clothes. The food court and its nearby bars also host cut-price Happy Hours that tend to draw the crowds.
Waterbom Park
Waterbom Park is a vibrant waterpark, with giant green slides like the Green Viper. It also has quieter rides and attractions for slower-paced guests. The racing chutes and Boomerang slide encourage bravery, while quieter picnic areas give visitors a chance to cool down. Although its a family destination there are plenty of adult touches too, such as the swimming pool bar.
The chocolate tour at Pod Bali
Pod Bali is a local chocolatier that has opened its doors to tourists. It’s a fair trade grower and manufacturer, but also has become a local brand name that Balinese people enjoy. Tours take in not only the manufacturing process, but also farming and other elements. Conservation is a big part of business for Pod Bali, although visitors can still expect to take home lots of delicious treats.
Rafting the Ayung River
The Ayung River is known for its natural scenery, yet it’s also got a lot of draw for the adventurous visitor. Whitewater rafting down this river whisks guests past farmland and tropical forests in groups of up to six at a time. Experts here are able to help beginners get to grips with the fun, yet the Ayung River is also popular with experienced whitewater rafters seeking a big challenge.
Altogether, Bali has lots to offer every traveller. With that in mind, its growing popularity hardly feels surprising.

BRIC economies show growth in global outbound tourism spending

Αποτέλεσμα εικόνας για BRIC economies show growth in global outbound tourism spending

Tourism spending is increasing globally, with the Chinese as the top spenders. Russia and Brazil made strong recovery last year, according to the latest UNWTO World Tourism Barometer.

All top 25 source markets, comprising emerging and advanced economies, in the barometer showed higher spending on international tourism in 2017.

The BRIC economies are a standout, with China cementing its leadership as the biggest spender in travel abroad in 2017 with US$258 billion in expenditure. The other BRIC economies also substantially increased expenditure in 2017.

India, another key emerging outbound market, continued its rise with nine per cent growth in spending to US$18 billion, moving up four places in the ranking to 17th.

Advanced markets also had robust performance in 2017, led by the US as the second largest outbound market spend US$135 billion.

Expenditure from Germany (the third largest market) and the UK (fourth) both increased three per cent, and France (fifth) saw a one per cent increased.

Australia (sixth) reported seven per cent growth and Canada (seventh) a nine per cent increase.

North American hoteliers spring into 2nd Quarter of 2018 with continued growth

Αποτέλεσμα εικόνας για North American hoteliers spring into 2nd Quarter of 2018 with continued growth

NEW YORK – TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, released new data from the Company’s April 2018 North American Hospitality Review (NAHR). According to this data, North American hoteliers are experiencing continued growth in the second quarter of 2018, with bookings up 2.7 percent and average daily rates (ADR) up 2.5 percent across all travel segments.
Driving much of this growth is group travel, up 7.5 percent in bookings, 3.8 percent in ADR and 11.6 percent in revenue per available room (RevPAR). Additionally, RevPAR for all travel segments is up an impressive 5.3 percent.
“Not only are hoteliers seeing a notable uptick in second-quarter reserved group bookings, but ADR is also increasing across the board, up 1.9 percent in transient overall, 2.4 percent in transient business and 1.7 percent in transient leisure,” said John Hach, senior industry analyst, TravelClick. “The start of 2018 has proven to be solid for hoteliers when it comes to both rates and bookings, and the third quarter is slated to echo that sentiment based on preliminary data.”
Twelve-Month Outlook (April 2018 – March 2019)
For the next 12 months (April 2018 – March 2019), transient bookings are up 2.1 percent year-over-year, and ADR for this segment is up 2.2 percent. When broken down further, the transient leisure (discount, qualified and wholesale) segment is up 2.3 percent in bookings, and ADR is up 2.1 percent. Additionally, the transient business (negotiated and retail) segment is up 1.4 percent in bookings, and ADR is up 2.6 percent. Lastly, group bookings are up 1.2 percent in committed room nights* over the same time last year, and ADR is up 3.1 percent.
“Even in a growing market, to earn their fair share of bookings and to maximize revenues, hoteliers must be vigilant and monitor market demand as occupancy and pricing continually change,” added Hach. “Moreover, the best performing hotels will offer customers a personalized experience across their entire guest journey – giving them a reason to book the hotel initially and stay again as repeat, loyal guests.”
NAHR Second Quarter 2018 Outlook

Reserved Occupancy
All Travel Segments
+ 2.5%
+ 2.7%
+ 5.3%
Group Only
+ 3.8%
+ 7.5%
+ 11.6%
Transient Only (Business + Leisure)
+ 1.9%
+ 0.6%
+ 2.5%
Transient Business
+ 2.4%
+ 1.1%
+ 3.5%
Transient Leisure
+ 1.7%
+ 0.1%
+ 1.8%
NAHR Third Quarter 2018 Outlook

Committed Occupancy
All Travel Segments
+ 2.0%
+ 1.9%
Group Only
+ 0.0%
+ 0.5%
Transient Only (Business + Leisure)
+ 2.6%
+ 6.3%
Transient Business
+ 3.9%
+ 3.3%
Transient Leisure
+ 2.5%
+ 7.7%
The April NAHR looks at group sales commitments and individual reservations in the 25 major North American markets for hotel stays that are booked by April 1, 2018, from the period of April 2018 – March 2019.
*Committed Occupancy – (Transient rooms reserved + group rooms committed) / capacity
The second quarter is based on forward-looking data (April – June 2018).