Statistics & Trends
Online travel agencies remain essential to the travel industry as consolidators of, and clearinghouses for, advertising dollars throughout the space. We do not see OTAs being removed from this position easily, but growing challenges have hurt ad efficiency.
The vacation rental industry, alongside the travel industry in general, is booming. Travel has become a right rather than a privilege. The amount of money entering the vacation rental industry reflects a healthy interest in what has become the accommodation category of choice for many travellers. Read more here.
UK: The number of serviced apartment units globally is up 23 per cent in the last two years to more than a million, according to the latest report from The Apartment Service. Find out more here.