STR | January 24, 2023
At the end of 2022, data and insights from STR showed the hospitality industry at substantial levels of performance recovery around the globe with no signs of demand significantly slowing. So, with rising inflation, record-high travel prices, flight disruptions and short-staffed hotels, why are people still traveling? This piece from STR provides some answers based on consumer research of more than 1,000 travelers at the end of November 2022. Rising inflation? No problem, travelers expect to spend more on travel. It appears that travelers are taking rising prices in stride. When asked about their expected spend in five maj...
Expedia Group | May 18, 2021
SEATTLE--(May 18 2021)--Expedia Group reveals key insights shaping post-pandemic travel decisions, including emerging behaviors on searching and booking to new expectations on transportation and on-property experiences. The research, called “What Travelers Want in 2021,” surveyed 16,000 respondents in eight markets. The research was first launched in 2020 and tracks traveler preferences presenting new data year-over-year. Travel was put on hold in 2020 when the COVID-19 outbreak changed the plans of travelers all around the world. However, early this year, domestic and international searches began to increase. The desire for travel is ...
WTTC Says UK Is Heading to ‘Worst Case Scenario’ Threatening Nearly Three Million Travel & Tourism Jobs
August 4, 2020
London, UK: Nearly three million jobs in the UK - and 197 million worldwide in the Travel & Tourism sector globally - look set to be lost due to the collapse of travel, according to the World Travel & Tourism Council (WTTC). WTTC economic modelling conducted less than two months ago predicted this ‘worst case scenario’ would occur if barriers to global travel, such as quarantine measures and blanket travel restrictions were to remain in place. While some travel bans have been removed, many others remain, with new restrictions likely to come into force to tackle the continuing threat posed by COVID-19 and possible second spik...
Comscore | May 1, 2020
Visitation to travel sites 55-65 percent lower than volumes during week of February 3, 2020 RESTON, Va., May 1, 2020 -- The latest insights from Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, shows that consumers are seemingly still not ready to think about travel plans amid the ongoing COVID-19 pandemic. The continuing depressed visitation volume has also translated to a downward trend in consumer spending on travel. Overall, Comscore observed a 43 percent year over year drop in desktop travel spending for the month of March 2020, despite the fact that the ...
Industry Experts at Preferred Hotels & Resorts Reveal Top Travel Trends and Hot Destinations for 2020
Preferred Hotels & Resorts | December 4, 2019
NEWPORT BEACH, CALIFORNIA – December 4, 2019: Travel and hospitality professionals across the globe are preparing to usher in a new decade of travel, focusing on up-and-coming destinations, increasingly popular lodging trends, and fresh ways to experience travel in a meaningful way that impacts the way people view the world. With more than 50 years of industry experience, the experts at Preferred Hotels & Resorts – the world’s largest independent hotel brand with more than 750 properties in 85 countries – are sharing their insights and tips for the year ahead. · CONSCIOUS TRAVEL – According to the Sustainab...
Restrictions, Lack of Inbound Travel Have Limited Southeast Asia’s Hotel Performance
LRE & Companies and American Hospitality Services Reveal Hotel Brands for Roseville Junction Project
KSL Capital Partners Acquires Martin Resorts Portfolio of Five Independent Hotels
What Customers Want and Expect While Traveling in 2023
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