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Prices for overnight stays in the USA decrease, destination’s popularity increases.

Prices for overnight stays in the USA decrease, destination's popularity increases | Tourico Holidays

Prices for overnight stays in the USA decrease, destination’s popularity increases.
Tourico Holidays evaluates Europeans’ booking behavior.

Orlando, August 20 2014 – The leading travel wholesaler Tourico Holidays has analyzed the booking behavior of its European customers and found that travel to the United States is becoming increasingly popular. With 8% of all European bookings, New York has moved up from third to second place among the world’s most visited cities and is now almost neck and neck with Paris, which also received 8% of bookings. Third and fourth place on the list of most visited cities go to London with 7% (dropping from second place in 2013) and Amsterdam with 4%, which jumped up two spots compared to its sixth place ranking last year. Las Vegas is new to the top 5 list with 4% of all bookings, rising from tenth to fifth place. Orlando also experienced improvement, moving from fifteenth to twelfth place. Cities that fell from the top 5 list of the most popular destinations in comparison to the previous year are Rome, dropping from fourth to ninth place, and Madrid, which is now number eight after finishing fifth in 2013.

Experts at Tourico Holidays think North America’s increased popularity is likely due to the fact that the USA has become an increasingly more affordable travel destination. In 2013, visitors could expect to pay about 227 USD for an overnight stay in New York City; currently, these rates have dropped to about 219 USD. Prices in Las Vegas and Orlando have dropped from 123 to 117 USD and 98 to 81 USD a night, respectively.

The travel wholesaler’s leading source markets in 2014 are Spain, UK, Italy, Germany, and Romania. However, the largest growth came from other markets; booking numbers have increased by 30% in France and 63% in Switzerland.

Tourico Holidays conducted their analysis by comparing data from the first two quarters of 2013 and 2014. Tourico Holidays leads the wholesale travel industry in big data, collecting hundreds of individual travel metrics since 2004. The travel wholesaler currently receives 90 million searches daily from nearly 5,000 clients in more than 100 countries worldwide. Utilizing proprietary business intelligence and cutting edge data warehouse applications, Tourico Holidays is able to provide clients with superior reporting to support fast and precise decisions.

About Tourico Holidays

Tourico Holidays celebrates its 20th year in business as a leading global travel distribution company that contracts directly with travel providers, such as hotel, cruise lines, attractions, vacation homes, airlines, ground transportation and more. Tourico Holidays works on a high-volume, wholesale model to broker this inventory to over 4,900 clients in 100 countries using proprietary technology.

Press contact:

Daniel Barchet
B & B Medien
+49 621 122 679 30
dbarchet@bundbmedien.de

Lauren Volcheff
Tourico Holidays
+1 407 667-8700 ext. 7355
Lauren@TravelHoldings.com

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TH Holds the Key to ‘Book by the Door’ Vacation Homes.

Vacation Homes | Tourico Holidays

TH Holds the Key to ‘Book by the Door’ Vacation Homes
Opportunity Knocks for Global Tour Operators to sell One-of-a-Kind Product

Tourico Holidays Holds the Key to ‘Book by the Door’ Vacation Homes

Opportunity Knocks for Global Tour Operators to sell One-of-a-Kind Product.

ORLANDO, Fla. – March 13, 2014 – Augmenting their impressive offering of Vacation Homes, Tourico Holidays introduces ‘Book by the Door’ units to their inventory. An $87 Billion market, vacation homes present an outstanding opportunity for Tourico Holidays’ clients worldwide to sell a unique offering with high margins. This new way to book vacation homes brings a host of benefits such as more convenience & booking confidence for agents and greater guest satisfaction for travelers.

Book by the Door vacation homes represent a better way to book vacation homes. Up until now, the industry standard in booking vacation homes has been ‘allocation on arrival’ where agents review sample images online and have a central address where guests are assigned their unit and given final details. With Book by the Door homes, industry professionals view the actual photos of the actual unit and receive the specific address where their guest will arrive and stay. Additionally, the real-time pricing and last minute availability afforded to this booking type means greater flexibility and convenience for the agent!

The Book by the Door rental units are growing rapidly in the Tourico Holidays portfolio. Already well-established in top markets like Orlando, Miami, California, the Caribbean and Europe, there are more homes added weekly in high demand destinations. Clients can expect units to soon emerge in popular destinations such as London, Venice, Rome, the Spanish Coast & French Coast, Barcelona and more!

“We call them Book by the Door homes because what you see is what you get, the actual ‘door’ you book is the actual door that clients walk into for their unforgettable vacation,” said Steve Caron, VP of Vacation Rentals “This innovative offering will give clients a unique opportunity to show travelers the actual décor, amenities and physical location of the Villa or Home. All will greatly increase customer satisfaction and retention.”

Tourico Holidays customers can book online at TouricoHolidays.com from the vacation homes tab or connect to the Vacation Homes XML feed.

Companies interested in this expanding product line and Property Management Companies interested in participating in the program should visit: exclusive.touricoholidays.com/VacationHomes.

About Tourico Holidays

Tourico Holidays, a subsidiary of Travel Holdings, Inc., is a leading global travel distribution company that contracts directly with travel providers, such as hotel, cruise lines, attractions, ground transportation and more. Tourico Holidays works on a high-volume, wholesale model to broker this inventory to over 4,600 clients in 100 countries using proprietary technology.

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Caesars Entertainment to Open The Linq.

Tourico Holidays - TheLinq - LasVegas

Caesars Entertainment to Open The Linq.
$550 million leisure district to open in 2013.

A new US$550m leisure district – The Linq – on the Las Vegas Strip is gearing up for its launch in 2013.

Owned and operated by Caesars Entertainment Corporation, The Linq will span more than 200,000sq ft. (18,580sq m) and is comprised of retail, dining, beverage and entertainment experiences. The project was designed by Washington D.C-based firm David M. Schwarz Architects and the architect of record is Las Vegas-based Klai Juba Architects.

Caesars has retained Caruso Affiliated, owner and operator of Los Angeles shopping distract The Grove, as the leasing agent for the project.

The focal point will be a giant observation wheel – The Las Vegas High Roller. It is set to be the world’s tallest wheel yet at 550ft, eclipsing both the London Eye and the Singapore Flyer. Designed as transparent spheres, the 28 cabins can each accommodate up to 40 people.

The Hettema Group designed the wheel attraction that will take 30 minutes to complete one full revolution. The High Roller will have the capacity to accommodate 2,240 passengers per hour and 10 million annually.

It will be erected at the rear of The Linq entertainment district and will face north and south, parallel to Las Vegas Boulevard.

The Linq will bring upgrades to three, large mid-Strip Caesars Entertainment resorts and O’Shea’s casino. On the Linq’s north side, a path will lead from the Carnaval Court outdoor plaza at Harrah’s Las Vegas resort through the Imperial Palace Hotel and Casino and to The Linq.

A pedestrian connection will also be built from The Linq into Flamingo Las Vegas on the south.

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Tourico Holidays - Hotels

Hotels

Tourico Holidays boasts direct contracts and connectivities with tens-of-thousands of hotel chains and individual properties in thousands of destinations worldwide. Additionally, we have a unique method of contracting specific properties by pre-purchasing room blocks. Continue reading