Our latest report on the accommodation sector brings together our efforts to size the hotel and short-term rental sectors worldwide (click image to enlarge).
The metasearch wars are drawing to a close and Google is winning. The future of independent travel metasearch in the U.S. and Europe is at risk, in our view.
Except for the down year of Covid, the U.S. accommodation sector has been performing robustly with the short-term rental segment gaining market share. However, it is yet to be seen how the composition of the industry evolves.
Higher prices and concerns about the economy haven’t stopped Americans from traveling. Over half of Americans traveled in July. And nearly 60 percent of them said they might travel before the summer ends.
Track the performance of the travel industry around the world.
