In any industry including hospitality, both millennials and their successors Generation Z are attracting attention as the influential buyer. Skift’s latest report compares the travel preferences of both, across the United States, the UK, Australia, China, and India, acrossfour age groups: younger Gen Z (16–18 year olds), older Gen Z (19–22), young millennials (23–30), and …

A new wave of hotels and aparthotels are turning their restaurants and lobbies into vibrant community venues. Read copyright-protected article Article references ASAP Members Bridgestreet’s Stow-Away brand and Saco’s  Whitworth Locke

A new Skift Research report, The Short-Term Rental Ecosystem and Vendor Deep Dive 2019, discusses the different types of property managers operating today, and likely new future business models. One aspect is the increasing professionalisation and commercialisation, and whether this is acceptable to the consumer. Gross bookings for Airbnb rentals was estimated to exceed $33 …

A new study of 52 destinations worldwide from ComparetheMarket.com shows that hotel prices are sometimes lower on average per night than local Airbnb properties, and are significantly lower in Mallorca and Venice. Other savings are made across California, especially in Santa Cruz, San Diego and San Jose, where cities have limited the number of listings …

Travel giant Sabre is insisting it will go ahead with the $360 million acquisition of airline distribution technology specialist Farelogix, despite opposition from the US Department of Justice. If the Justice Department chooses to sue on antitrust grounds, even though it hasn’t said in public why it flagged the transaction for a closer look, Sabre …

Andrew Kitchell’s was one of the first 100 properties to appear on Air Bed and Breakfast, as it then was, and a decade later his company Lyric now owns and operates “flexible accommodations for the modern traveller” rented out on many homesharing platform. Airbnb financed Lyric to the tune of $160 million this year, backing …

It’s likely that the loyalty programme Marriott Bonvoy, with 133 million users, is likely be the catalyst for the growth of its fledgling homeshare business. 95% of its 2,500  Homes & Villas by Marriott International offerings are two-bedroom units and above, while the consumer market for short-term rentals reached $107 billion in 2018. 90% percent …

At as time when The Times has discovered that 20% of UK Airbnb hosts have more than 10 listings, and more than 50% have more than one, the platform is shown to be openly moving away from its original stated intention of matching hosts with spare rooms with renters looking for accommodation. Professional management companies …

American Express Global Business Travel’s Hotel Monitor 2020 predicts that hotel prices in most key cities worldwide will experience only modest rises next year. Rising hotel construction combined with international trade tensions will restrict hotels’ ability to raise room rates, with European forecasts affected by Brexit uncertainty. Germany and the UK lead the hotel construction …

Amadeus-owned TravelClick has launched new technology to help hoteliers fight back against the growing alternative accommodation sector, supply in which has grown by 33% between 2017 and 2018. The cloud-based software helps hotel managers analyse alternative accommodation competition in their locality, and optimise their occupancy and rates. Read more: