In addition to having more to spend, travelers have increased the amount they spend on travel by 40 per cent this year, compared with last year. The increasingly influential millennials are spending unprecedented amounts on travel, with those born after 1990 increasing their travel spend by 80 per cent this year.
Hong Kong pushes ahead as the region's most traded city, according to JLL
The report is based on hotel market performance statistics provided by STR with analysis by Horwath HTL. This report examines the performance of hotels in India in H1 2018.
China's Online Hotel Reservation Industry Maintain Fast Growth, with MAU Reaching 91.09 million in Q2 2018, 20.1% Up from Q1 2018 - The Post-80s and Post-90s Generation Become the Critical Driving Forces for Domestic Accommodation Bookings, So Meeting Their Demands are the Key - Among Major Platforms, Meituan Hotels Ranked No.1 by Room Nights in Q2 2018, Followed by Traditional OTA Ctrip