For many loyalty and rewards program members, earning rewards outranks the cost of traveling. Nearly half of travelers in such programs (44%) prioritize earning rewards over finding the lowest costs when traveling, demonstrating the value that these travelers place on their loyalty programs.
New study reveals the industry impacted the local economy approximately 10% above the pre-pandemic peak in 2019
Book Excerpt from The Prosperous Hotelier - What is 'Hospitality Financial Leadership?'
94 per cent of Canadian travellers say the future of their career depends on successful business travel in the coming year
While the traditional week-long vacation is still elusive, new research indicates travel is becoming a priority again based on longer trips and increased spend.
From Solo Travel to 'Pay-Cations,' Young Americans Lead 2023 Travel Trends with Wellness at the Forefront
You finally have a full-blown accounting policy manual in place. It has taken several months and a lot of work, but it is done. Something to be proud of indeed! But, wait a minute, it seems like no one knows about these policies and whenever you speak about such and such internal control not being followed, you get the deer in the headlights look.
The figure represents approximately a 10% increase over 2022, a 39% increase over 2021, a staggering 261% over 2020, and remarkable 111% increase compared to pre-pandemic spending in 2019.
Persado Study Highlights Missed Opportunities for Travel Marketers
Travel budgets are on the rise amongst Americans with those surveyed planning to spend $3,013 this year – a 6% increase from last year.