What we discuss. . .
Shorter booking windows, lower nightly prices, and varying demand for different amenities – how do you navigate the ever-changing landscape of consumer travel habits? Property managers and hosts face these challenges daily – and the impact on revenue is huge.
Want the inside scoop on what consumers actually want? We’ve got the latest data and trends, and we’ll reveal how this is going to shape the future of the hospitality industry as a whole.
Don’t miss this round table discussion to review new research that showcases consumer travel trends and demands. Learn from two seasoned property managers who are successfully adapting their revenue management practices to capture more bookings from today’s savvy travellers.
You will learn...
- 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
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.
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.