On the latest episode of the J.D. Power Travel & Hospitality Intelligence Podcast, Michael Taylor and Andrea Stokes discuss the latest topics affecting the travel and hospitality industries, including:
— The hotel industry doesn't seem to be lowering room rates to stimulate demand, despite a less-than-ideal economic climate. In fact, hotel room rates were higher than May 2022 despite a virtually flat occupancy rate.
— Car rental companies are starting to price EVs at the lowest daily fee, with some travelers unaware. The results? Terrible.
— There is lots of buzz around generative AI. How is the travel and hospitality industry using it for travel planning and research?