WYSE Travel Confederation signs Memorandum of Understanding with UNWTO to further support youth, student and educational travel

  The World Youth Student and Educational (WYSE) Travel Confederation and the United Nations World Tourism Organisation (UNWTO)have formed a strategic partnership to further support and advance the youth, student and educational travel market, worth USD 182 billion in 2013. The Memorandum of Understanding was signed by David Chapman, Director General of WYSE Travel Confederation and […]

The Booking Battle: OTAs Break Into the Loyalty Market

Facing steep competition from fellow booking websites, online travel agencies have been experimenting with travel rewards as a means of incentivizing consumer loyalty — at the expense of straining relationships with the hotels with which they partner. In the 1990s, OTAs threw a wrench in the hotel booking process by allowing travelers to compare prices […]

Launch of the 8th Annual Survey of the Youth Travel Accommodation Industry

STAY WYSE, the global association representing the youth travel accommodation industry, has just launched its 8th annual survey reviewing the global business operations of the Youth Travel Accommodation Industry. The study establishes crucial business metrics and identifies trends in this growing sector. This year’s survey continues to look at average bed rates, occupancy rates, marketing activities, booking trends and sources […]

Register for our sustainable youth tourism development webinar on 8 July – presented by Sustainable Travel International

As the youth and student travel market continues to boom, we have teamed up with Sustainable Travel International, the sustainable tourism champions, to bring you a free* webinar dedicated to this increasingly important topic: Date: Tuesday, 8 July 2014 Time: 17:00 – 18:00 CET Title: Supporting sustainable youth tourism development, one traveller at a time Andrew Grossmann, Director […]

Over $1 billion of equity looking to invest in Australian student accommodation market

Less than one bedroom of purpose built student accommodation is available per 10 students, according to JLL’s Australian Student Accommodation Market Update for 2014, and there’s $1 billion of equity waiting to find an opportunity in this market. Source: Universities websites, JLL Student Accommodation Database 2014, ABS Census 2011, Department of Industry 2012, UCube, HESA […]

Trials for world’s first Google Glass check-in app

A company in the US is testing the world’s first Google Glass app for hotel reception staff. Hospitality IT firm Itesso has developed a new app that will allow front desk staff to instantly recognise and check-in guests via the Google Glass app, which will be integrated with the hotel’s property management system (PMS). The […]

Skyscanner to present WYSTC 2014 keynote session: The future of travel

If you have ever wondered what the future holds for tomorrow’s traveller, join our keynote session at WYSTC 2014, where Filip Filipov, Head of B2B at Skyscanner, will provide you with an insightful and entertaining look ahead to 2024. During his presentation, Filip will focus on how emerging technologies and artificial intelligence attuned to our individual travel preferences […]

Dublin-Based Global Lodging Aggregator Homestay.com Secures US$3 Million in Funding, Acquires Berlin-Based HomestayBooking

Moves Show Continued Growth, Maturation of the Hosted Travel Experience Lodging Model DUBLIN, IRELAND–(Marketwired – Jun 10, 2014) – Dublin-based Homestay.com has secured US$3 million funding, led by the venture capital firm Delta Partners and supported by Enterprise Ireland, and has acquired Berlin-based entity HomestayBooking, the company announced today. The moves help expand and accelerate the global footprint of […]

Young generation to reshape travel market in the Gulf region

Traditional travel behaviours of GCC population are poised to undergo an inevitable transformation in 15 years, with the upcoming tech-savvy generation turning instinctively to mobile technologies and social media to plan, book and manage travel, a research reveals. As the young population of the region will reshape the travel industry in the region, additional unfolding […]

Latest UNWTO World Tourism Barometer reveals that international tourism generates US$ 1.4 trillion in export earnings

Total export earnings generated by international tourism in 2013 reached US$ 1.4 trillion. Receipts earned by destinations from international visitors grew by 5% to reach US$ 1159 billion, while an additional US$ 218 billion was earned by international passenger transport.   According to the latest UNWTO World Tourism Barometer, receipts in destinations worldwide from expenditure by […]