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Tuesday 11 August

1 updates
Data & research
PhocusWire All NewsMiddle East & Africa / Asia-Pacific / North America / Latin America / Europe

STRs Enter New Phase of Scrutiny and Structural Growth

Phocuswright's Global Short-Term Rentals 2026 report shows gross bookings reached $219.9B in 2025, projected to grow at 5.3% CAGR to $270.6B by 2029. The sector has shifted from unregulated growth to enforcement and scrutiny, reshaping supply. Technology shifts including generative AI and Airbnb's expansion beyond stays are transforming discovery and booking, though impact on incremental demand remains unclear. North America STR bookings grew 4% in 2025 to $78B, projected 5% growth in 2026 to $81.8B. Europe will reach $79.7B in 2026. APAC projected 8.9% CAGR to $49.3B by 2029.

Friday 7 August

2 updates
OTA / TMC
PhocusWire All NewsAsia-Pacific / 全球 / North America / India

Airbnb accelerates hotel push: Q2 results beat expectations

Airbnb highlighted that its hotel initiative is exceeding expectations during its Q2 earnings call, partnering with Lark to add over 75 boutique properties. Hotels account for a single-digit percentage of nights but are growing three times faster than homes. Revenue rose 17% to $3.6 billion, and AI reduced customer service costs by 16%.

Hotels
Hospitality TechnologyNorth America

Three trends defining the deluxe guest experience

David Goldstone, President of Hospitality at Enseo, writes that today's travelers judge hotel technology by how seamlessly it operates, demanding personalized media hubs, flawless connectivity, and effortless service. Three trends: guestrooms as entertainment hubs, high-performance connectivity as a luxury baseline, and frictionless service interactions. Hotels must leverage technology to enhance guest experience.

Tuesday 4 August

1 updates
Data & research
Hospitality TechnologyChina / 全球 / North America

GBTA 2026 Forecast: Global Business Travel Spend to Hit $1.71 Trillion as Companies Demand Tighter…

The GBTA 2026 Business Travel Index forecasts global business travel spending to reach a record $1.71 trillion in 2026, up 7.2% year-over-year. However, trip volume is projected to grow only 1.3% to 1.84 billion trips, indicating that higher prices are driving spending growth. The report highlights that 65% of business travelers book through TMCs or corporate online booking tools, and companies are focusing on cost control and technology adoption. North America and China account for 48% of global spend.

Friday 31 July

1 updates