Increased Privacy and Flexibility to Characterize Lodging Industry in 2021
GlobalData | December 22, 2020
Increased privacy and flexibility are two of the stand-out trends that leading data and analytics company GlobalData notes will shape the lodging industry in 2021, alongside longer stays, improved hygiene procedures and more no-touch technology. As 2020 draws to a close, Travel & Tourism Analyst Ralph Hollister offers his view on these trends. Hollister notes: “Hotels that cannot provide more secluded spots or offer increased booking flexibility could be at risk of losing out even further in 2021. Rate plans to accommodate longer stays need to be offered, whilst the marketing of no-touch technology and incr...
IHG® Hotels & Resorts Reveals New Data About the US Summer Vacation in 2020
IHG | October 12, 2020
‘Staycation’ was undoubtedly the travel buzzword of 2020. With travel restrictions limiting people jetting off to far-flung destinations for some of the summer months this year, Americans looked to explore what was on their very own doorstep more so than ever before. IHG Hotels & Resorts, which includes brands such as Holiday Inn, InterContinental, Crowne Plaza, Staybridge Suites and Kimpton, reveals new data about the 2020 U.S. summer staycation and the impact on hotel bookings. Brian Hicks, SVP Commercial and Revenue Management, IHG Hotels & Resorts commented on the findings: “People are as eager as ever to travel, but th...
Small Businesses in Grave Peril Unless Washington Acts
The U.S. Travel Association | September 23, 2020
WASHINGTON (September 23, 2020)—More than half (55%) of all small travel businesses in the U.S. are at risk of either taking longer than six months to recover or never recovering at all, according to data released Wednesday by the U.S. Travel Association. The numbers, prepared for U.S. Travel by the data analytics firm Tourism Economics, indicate an extreme threat to travel-supported jobs, which employed one in 10 Americans pre-pandemic. A massive 95% of all accommodation and food service employment is found within small and medium-size businesses, as defined by the U.S. Small Business Administration, with only 5% of those sectors’ emp...
Survey: Consumers Eager to Travel With Certain Conditions for Hotels
Oracle Hospitality | July 7, 2020
REDWOOD SHORES, Calif. – July 7, 2020 – Following a long stretch of stay-at-home orders, consumers are eager to get out and travel according to a new research study from Oracle and Skift. Just over half (51%) of people surveyed in both North and Latin America plan to book trips in the next six months, while 38% of those in Asia-Pacific and Europe are planning get-aways. People, however, are opting to stay closer to home with driving distance (47%) or domestic trips (44%) being favored. With so much uncertainty ahead, consumers are also demanding flexible cancellation and refund policies (76%) and are more open to considering hotels offer...
Early Effects of COVID-19 on Travelers and Their Motivations
STR | July 2, 2020
COVID-19 and the ensuing global economic crisis have caused dramatic changes for the travel industry that may take years to fully resolve. Over the past few months, STR has been releasing insights from research conducted during March and April 2020 about shifting consumer willingness to travel as COVID-19 spread. First we looked at how travelers from different markets reacted, then we assessed how travelers who used different accommodation types planned to adapt their travel plans. In this piece we look at the impact on future travel plans by respondents’ age and motivations for choosing destinations. As in both of our previ...
European Flight Bookings Reveal ‘London Is Falling’
June 30, 2020
London, UK: Flight booking data shows London has fallen to the bottom of the top 10 most booked European cities, as border restrictions and UK quarantine regulations choked travel, according to joint research by the World Travel & Tourism Council (WTTC) and ForwardKeys. In the first half of June last year as the holiday season was in full swing, London was the most heavily booked city in Europe for any date of arrival, followed by Paris and Rome. However, travel restrictions imposed as a result of the COVID-19 pandemic, such as the quarantine rules imposed by the UK government, the capital has slumped to the bottom of the top 10. ...
Global Business Travel Becomes The Latest Casualty of the Coronavirus Pandemic
The Global Business Travel Association | April 9, 2020
Alexandria, VA (April 9, 2020) — Business travel has become the latest casualty of the coronavirus pandemic by coming to a halt across the globe, according to the latest research conducted by the Global Business Travel Association (GBTA). This is the fifth poll that GBTA is releasing and the numbers are dire. To understand the coronavirus’s effects on business travel, GBTA conducted its fifth lightning poll among membership on April 1-4, 2020. GBTA received responses from almost 1,000 member companies throughout the world. View the entire poll results here. “With the spread of the coronavirus and many countries under quarant...
U.S. Travel Association President and CEO Roger Dow Says Addressing Falling Inbound Travel Needs to Become a National Priority
U.S. Travel Association | November 29, 2017
Latest Gov. Data Showing 3.9 Percent Slide Raises Alarm Over Jobs, Exports WASHINGTON (November 29, 2017)—U.S. Travel Association President and CEO Roger Dow reacted to new government data showing a 3.9 percent overall decline in international inbound travel to the U.S. through June of this year: "The latest government travel data is deeply concerning not just to our industry, but to anyone who cares about the economic well-being of the United States. Travel is our country's No. 2 export and supports more than 15 million American jobs. "These numbers are an undeniable wake-up call, and correcting this troubling ...
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