G20 Summit 2024 Spurs Record-High Room Rates in Rio de Janeiro’s Hotel Industry – Image Credit Pexels The 2024 G20 Summit in Rio de Janeiro drives hotel industry’s average daily rate (ADR) and revenue per available room (RevPAR) to their highest since August 2016. The Summit also prompts the market’s highest occupancy rate for the […]
Tag Archives: Industry
The travel industry operates through a complex and fascinating network of distribution channels that ensure products and services efficiently reach end consumers. In the B2B sector, these channels play a crucial role in optimizing operations and maximizing business opportunities. Let’s explore the main groups: Wholesalers, Bedbanks, and DMCs/Receptives Wholesalers: Purchase large volumes of travel products […]