Phocuswright

AI’s rapid evolution is reshaping how #travel companies operate—and our online event series breaks down exactly what that means for your business. Watch the recording of The New Age(nts) Trend Series Part 1: Impact on Company Operations for an expert-led discussion on how automation is redefining workflows, decision-making, and competitive advantage. Thanks to Mike Coletta, Robert Cole, Bobby Healy, Tim Hentschel and Anna Jaffe for sharing their valuable insights. Part 2: Impact on the In-Destination Experience takes place April 22. Registration link in the comments below ??

When it comes to #lodging trends in the U.S., there’s a clear winner ?? hotels. According to #Phocuswright’s February #Travel Metric of the Month, of the 172 million U.S. travelers in 2024, 70% stayed in a #hotel accommodation, whereas 24% stayed in a #shorttermrental. Discover more and gain access to monthly visualizations showcasing key research trends ?? https://bit.ly/3DbsKT6

If you haven’t caught the exciting news yet… ?? Phocuswright Europe is heading to a brand-new venue in Barcelona, Spain! This next-level setting will provide an elevated experience, bringing together #travelindustry leaders in an environment designed for collaboration and #innovation. The conference will take place at the Palau de Congressos de Catalunya, with the conference hotel, Torre Melina, a Gran Meliá Hotel, just a short walk away through beautiful gardens. Secure your seat at the table by 31 March to save: https://bit.ly/3fhRI4g

The Asia Pacific travel market experienced a spectacular resurgence in 2023, with total travel gross bookings surging by 48% - the highest growth rate across all regions - reaching $395.8 billion. Here are 5?? critical #APAC #travel market projections you need to know: https://bit.ly/4brUvnf

The U.S. short-term rental market has shifted from a pandemic-driven boom to a more competitive and complex environment. With supply outpacing demand and evolving consumer preferences, hosts face rising costs, regulatory uncertainty, and fierce competition. Phocuswright's latest #research explores how operators are faring as the market inches toward its new normal. Get the inside scoop on the report – you’ll want to see this ?? #shorttermrental #str #traveresearch #travelindustry

The travel landscape is changing fast, and at Phocuswright Europe, we’re exploring the forces driving its future. Our program will challenge assumptions and provide fresh insights from leading voices in #travel, #technology, and #investment. ?? The future of mobility – As travelers rethink how they get from A to B (and beyond), find out what’s next in alternative transportation—whether for convenience, cost savings, or #sustainability. ?? Tours & activities in the spotlight – How do airlines, hotels, OTAs, and fintech players capture travelers at the perfect moment to book? We’ll explore the battle for the traveler’s wallet. ?? #Startup & investment trends – Leading investors and founders will break down where the money is flowing, what it takes to win in #traveltech, and how the next big disruptors will emerge. ?? & more! And that’s just a glimpse of what’s in store. Learn more & register by 31 March to save ??

Amplify your #travelindustry knowledge and influence through Phocuswright's three core pillars: ?? #Data-driven insights & strategic solutions ?? Top-level #networking events ?? Breaking #traveltechnews Engage with us: https://bit.ly/4evASvJ

The U.S. short-term rental market has undergone a dramatic transformation, shifting from a pandemic-driven boom to an increasingly competitive and complex landscape. With supply growth outpacing demand and consumer preferences evolving, hosts and property managers must navigate rising costs, regulatory uncertainty, and heightened competition from hotels and international rentals. Success in a shifting industry hinges on strategic pricing, operational efficiency, and standout guest experiences. Explore more in this week’s #TravelTrends & #Insights article ??

Listen to the latest Travel Again Advisory podcast episode with Phocuswright's Mike Coletta. ?? Hear how the industry is crossing a threshold, from “spitting information at you to becoming more of a conversation” and what it means that 40% of travelers told us that they are interested in booking with AI: https://bit.ly/41SlL9T

?? What’s your top pick?