Recent TRG blog posts

Travel is more than just a getaway; it is an opportunity for adventure, exploration, and bonding. For many pet owners, their furry companions are an important part of this journey. In recent years, the trend of travelling with pets has become increasingly popular, driven by a desire for connection, comfort, and an enriched travel experience.

Personalised services versus revenue management, which is more crucial for a hotel's success? This is a question that has sparked considerable debate among industry professionals.

As seasoned hospitality professionals know, accurate financial reporting and analysis are essential for hotel success. For nearly a century, the Uniform System of Accounts for the Lodging Industry (USALI) has been the definitive standard for achieving transparency and comparability across the industry. 

India's rise to become the world's most populous nation is transforming Southeast Asia's tourism landscape. Learn how Vietnam and neighbouring countries are adapting to attract Indian tourists, addressing challenges, and seizing this lucrative growth opportunity. Discover strategies that can enhance Vietnam's appeal to Indian tourists and ensure memorable experiences.

Read more: How Hotels Can Capitalise on the Growing Trend of Bleisure Travel

Table of Content

• How the World's Most Populous Nation is Transforming the Tourism Landscape
• Thailand and Malaysia: Welcoming Indian Tourists
• How Vietnam Can Seize This Opportunity
•  A Good Example: Indian Billionaire's Company Trip
• Conclusion

How the World's Most Populous Nation is Transforming the Tourism Landscape

India is rapidly emerging as a significant player in the global tourism market. With a burgeoning middle class and increasing disposable income, Indian tourists are exploring international destinations more than ever before. Their preferences often lean towards cultural sites and beach resorts, making them an attractive demographic for countries looking to boost their tourism sectors.

Financial forecasting in the hospitality industry presents unique challenges such asseasonality, economic fluctuations, and rapidly changing consumer preferences. By following the best practices outlined in this article, finance executives in the sector can greatly improve the accuracy and effectiveness of their projections.

As an IT professional in the hotel industry, you're no stranger to the importance of a reliable Property Management System (PMS). While the familiarity of your current on-premises solution might make it seem like a safe choice, the benefits of migrating to a cloud-based solution are substantial. 

With travellers increasingly seeking out eco-friendly options, the hospitality industry is under pressure to adapt to a world where sustainability is not just preferred but required, but before jumping onto the green bandwagon, there are things hotel executives need to consider.  

In our fast-paced, ever-connected world, the concept of travel often conjures images of picturesque landscapes, bustling markets, and thrilling adventures. But what if we told you there is another revolutionary trend emerging—a form of travel centred around rest, relaxation, and renewal?

The hospitality industry is experiencing a rebound, with cloud-based Property Management Systems (PMS) at the forefront of this evolution. Selecting the right cloud PMS is crucial for hotels and resorts seeking to optimise operations, enhance guest experiences, and drive profitability. This guide will walk you through a step-by-step process to help you make an informed decision.

In the vibrant and welcoming land of Vietnam, the hospitality industry is facing a significant challenge this summer as tourist travel by air has plummeted by up to 60%. Instead of exploring the beauty of their own country, travellers are opting for international destinations like Thailand or Malaysia. The primary culprit behind this shift in travel patterns is the soaring cost of airfare within Vietnam.

Read more: Effective Labour Market Strategies to Combat Staff Shortages in the Hospitality Industry