The current number of reservations being made to Portuguese hotels is 21% above 2019’s record-breaking volumes, and Portugal leads neighbouring Spain, France and Italy for comparative booking momentum.
The figures, which suggest that Chinese travellers could be on track to constitute a projected one-fifth of all international travellers to Thailand by year’s end, were unveiled at the ‘Amazing Thailand Sailing with Meituan’ event in Bangkok.
New data from SiteMinder suggests Spain’s hotel sector could be facing a historic summer of bookings. Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date.
The office is a new hub for SiteMinder’s sales, support and onboarding operations for Europe, to complement the company’s existing offices in Berlin, Galway and London, which also service the European region.
A new analysis by SiteMinder highlights the degree to which small German accommodation providers have increased their room rates over the past four years. While prices for all German accommodation providers rose by seven per cent between 2019 to 2022, prices among those with 20 rooms or less grew 22 per cent in the same period.
New analysis of more than 100 million reservations from SiteMinder reveals global traveller confidence is reaching new heights post-pandemic, with booking behaviour trends from 2022 showing decreasing cancellation rates and increasing booking lead times, even with rising hotel room prices across key travel destinations.
SiteMinder, which generates more than 100 million reservations annually for 35,000+ hotels across 150 countries, has seen a 37% increase in net reservations from Chinese travellers since mid-December, with booking increases accelerating by 27% between week commencing 22 January and week commencing 29 January.
SiteMinder has further cemented its category-defining position as the world’s leading hotel commerce platform, winning Best Hotel eCommerce Platform and the most major accolades of any accommodation software company at the 2023 HotelTechAwards.
At the start of December, 88% of countries on SiteMinder’s World Hotel Index were in a stronger position than they were in December last year, and more than 8-in-10 now sit above 75% of their 2019 booking levels — many well above them.
This year, SiteMinder has honoured the hospitality industry accelerators, innovators and problem-solvers powering the hotel sector over the last 12 months, as travel recovery hits its next phase of post-pandemic growth globally.