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Stock impact report

Travel landscape set for transformation this year, says Cloudbeds [Yahoo! Finance Canada]

Booking Holdings Inc. (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
San Diego, CA, July 05, 2024 (GLOBE NEWSWIRE) -- Cloudbeds , the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, has spotlighted key developments poised to reshape the travel industry this year. The findings, featured in Cloudbeds' 2024 State of Independent Lodging Report , include new spins on experiential travel, the rising popularity of inflation-busting travel hacks, and a growing demand for new skills among next-generation hoteliers. Adam Harris, Co-Founder and CEO of Cloudbeds, said: “The economy seems poised to dodge a recession again this year, but that doesn't mean it's smooth sailing for hotels. Travel patterns are changing, travelers are more price-sensitive, and demand may soften. Under any market conditions, it's the hoteliers who monitor the trends and data closely, act quickly to seize opportunities, and offer a distinctive guest experience that will outperform the market.” ADVERTI Show less Read more
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