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Here’s Why Your Event Budget Needs to Increase in 2023

Endless Events

This blog post explores why your event budgets will need to increase in 2023 and where to allocate that extra money. . We’re predicting that in 2023, we’ll see more corporate events, conferences, and exhibitions than in the last three years. . The global recession is causing energy prices to rise. The Prices of Raw Materials.

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Travel Analytics: Data Sources, Use Cases, and Real-Life Examples

AltexSoft Travel

Learn more about the functions of internal systems with our dedicated articles about hotel property management systems and passenger service systems. Analyzing external data helps travel businesses stay competitive, adapt to shifting market conditions, and make well-informed choices regarding pricing, promotion, and overall strategies.

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Hotel Price Prediction: Hands-On Experience of ADR Forecasting

AltexSoft Travel

Hotel price prediction is a critical aspect of the travel industry, and with the rise of machine learning , it has become more precise and accurate. The key objective behind this task is to set the best booking prices to entice customers and ensure that hotels take full advantage of their business potential.

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How to Navigate Budgetary Challenges When Planning Meetings and Incentives

Fox World Travel

We’ve weathered not being able to meet in person, putting proper protocols in place to meet safely, and the challenges of hotel availability in 2022, predicted to last through early 2023, but the latest challenge corporate meeting planners are up against is budget restraints.

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Closed User Groups in Travel: Benefits, Examples, and Best Practices to Enable a CUG Strategy

AltexSoft Travel

In this blog post, we’ll show you how to implement and take advantage of a closed user group strategy. They are a way for travel vendors to offer discounted airfares, hotels, car rentals , and other perks and benefits to certain clients, while also potentially increasing sales and customer loyalty. What is a closed user group?

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7 Reasons to Consider Hiring an Outside AV Provider

Meeting Tomorrow

With so many in-house AV companies consolidating recently, it’s easy for event and meeting planners to feel like the AV company at the hotel is the only option they’ve got. That’s definitely what hotels would like you think, since they typically get a commission when you go with the in-house company.

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The influence of fuel prices on travel in 2022

Interface Tourism Spain

The influence of fuel prices on travel in 2022. According to IATA , the average fuel price in the aviation sector this year so far is USD$152.87 Key contributors to the increase of jet fuel prices in the sector. From this, airlines are debating how to compensate for the rising fuel prices. All the news Back to newsroom.

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