Global hospitality technology company, OYO, announced that its ‘Super OYO’ tagged hotels have surpassed 1000 mark, spread across over 140 cities in India. The category was launched in December 2022 with 200 properties across 70 cities to recognize hotels that provide the most consistent and high-quality customer experience. Enthused by the customer response, the company is…
Black Swan acquires Lyric Hospitality to expand luxury rental reach
Black Swan Holdings LLC, has acquired the Lyric brand to complement the real estate strategy of its asset manager, Black Swan Asset Management LLC, which launched earlier this year and raises capital to acquire Class A multifamily properties throughout North America. The acquisition includes domestic and international trademark rights, a comprehensive brand package, operational and performance data, and the lyric.com domain.…
This Idyllic Caribbean Island Is Becoming Easier To Reach With The Addition Of New Flights
The Caribbean is known for its beautiful islands, sandy beaches, and clear waters. And while each of the islands has its own unique attributes, some remain more popular than others — in part because of their accessibility compared to other harder-to-reach islands. With millions of visitors flocking to this dreamy region each year, many choose…
Global Luxury Tourism To Reach 1.5 Billion by 2028
Experts anticipate the value of the global luxury travel market will reach $1.5 billion by 2028, growing at a CAGR of 6.3% between 2018 and 2028. There is a correlation between luxury travel and unique, one-of-a-kind experiences and bespoke service. Increasing spending by well-off visitors motivated by a desire to see uncharted territory and engage…
Bicycle tourism market is estimated to reach USD 345.1 mn in 2022
As per a recent market analysis by Future Market Insights (FMI), Bicycle Tourism market is poised to reach a valuation of USD 345.1 Mn in 2022. Sales are projected to increase at a 14% CAGR, with the market size reaching USD 1291.3 Mn by 2032. These insights are based on a report on Bicycle Tourism Market by…
Breezeway expands global reach through WhatsApp integration
Breezeway, the property operations and service platform for hospitality professionals, is expanding its reach into several markets worldwide, catering to even more short-term rental property managers and service providers across the globe. Along with its existing English, Danish, German and Polish language options, Breezeway’s property care and messaging apps can now be translated into Spanish.…
Cancun Almost Sold Out This Winter With Occupancy To Reach 95%
Proving it has risen from the ashes of Covid as one of the world’s top destinations, Cancun is close to selling out this winter, with occupancy rates predicted to reach up to 95% across the city’s luxurious resorts and beachside guesthouses. Of course, the actual figures can be much higher, and those planning on visiting…
Australia’s Discount Airfares Reach A 15-Year High
As airlines in Australia attempted to meet rising demand while also absorbing the costs of higher fuel prices and inflation, domestic flight discounts reached their highest level in almost 15 years in September. The ‘best discount’ airfare index jumped to 107 in May from just 48 in April, according to newly disclosed BITRE statistics from…
Travel agency services market to reach USD 407.7 Bn in 2022
The global travel agency services market is projected to reach a valuation of USD 407.7 Bn in 2022. Sales are projected to increase at a 11.5% CAGR, with the market size reaching USD 510.0 Bn by 2032. These insights are based on a report on Travel Agency Services Market by Future Market Insights (FMI). Social…
