The Rise of the Stays Industry
The travel industry is going through a seismic change, and the need to understand and adapt to changing consumer behavior is more crucial than ever.
Increasingly the line between short term rentals and hotels are becoming blurred. Businesses need to leverage advanced analytics and AI technologies to stay competitive.
In this report, we dive into the transformative trends reshaping the hospitality industry, revealing how AI-driven insights and hyper-localization are not just enhancing guest experiences, but also driving significant commercial success.
Download the report now to discover how your business can use these innovations to capture the right consumers, on the right channel, at the right time. The report includes a snapshot that delves into the unique preferences shaping Australian travellers.
Transparency is Key
50.3% of respondents expressed they would lose significant trust in vacation rentals if deceived by misleading property listings.
Emerging Eco-Trends
48.1% of younger travelers are leading the charge towards intimate and eco-friendly travel experiences.
AI Adoption Gaining Ground
43.9% of respondents are open to using AI for trip planning to enhance and personalize travel experiences.
- How consumers are searching for stays as part of Beyond’s Stays Industry is Here to Stay consumer survey
- How hospitality companies are using AI in their systems to make more money
- How early adopters in hospitality are positioned to win
- How consumer booking patterns are shifting e.g. by price and experience
- Why booking lead times are shrinking and what strategies operators can use to maximise bookings during key periods