Travel Recovery
WTTC Predicts a Strong Recovery of the European Travel & Tourism Sector in 2022
Sector sees a surge of more than 250% in European bookings for Easter compared to 2021
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Travel Recovery
Luxury Tourism Recovery Quicker Than Budget Tourism in US Due to Increase in High-net-worth Individuals
The pandemic has transformed many travelers into high-net-worth individuals and made the super-wealthy even wealthier, according to GlobalData.
Travel Recovery
Travel is Roaring Back - but the Industry Might Not Be Ready for a Boom - CNBC
Travel bookings and inquiries are surging, say travel insiders, in an upward trajectory that, if realized, may both benefit and challenge travelers in the coming year.
Travel Recovery
New Forecast Signals Uneven Recovery in Business, International Travel Segments
Days after the U.S. reopened its land and air borders to vaccinated international visitors, U.S. Travel Association released its biannual forecast which shows an uneven recovery for the international inbound and business travel segments, while domestic leisure travel has returned to near pre-pandemic levels.
Travel Recovery
WTTC Research Shows the U.S. Travel & Tourism Sector Could Record Nearly 36% Growth in 2021
U.S. Travel & Tourism Rebounds in 2021, May Surpass Pre-Pandemic Levels in 2022
Travel Recovery
Hotel CEOs Predict Record Numbers for 2022
Speaking at NYU's International Hospitality Investment Conference, industry leaders said they are confident both business and leisure travel will recover and grow.
Travel Recovery
New Research from Expedia Group Reveals Price No Longer Primary Driver of Travel Decisions
Report shows positive industry progress including steady global search volumes, rising business travel demand and double-digit YoY increases in holiday season travel searches.
Travel Recovery
The Road to Recovery for the United States Hospitality Industry
COVID-19 has wreaked havoc on the world. However, few industries were hit harder than the US hospitality industry. The hotel industry in the USA has also been slow to recover, has lost an incredible number of jobs, and continues to deal with depressed room rates. How will the US hotel market recover? What is the path that hoteliers can follow? We’ll break things down for you in this article.
Travel Recovery
The Travel Recovery Has Become a Travel Revolution - An Airbnb Perspective
Unlike trains, ships, cars and planes, however, Zoom and similar services haven’t just enabled us to travel faster, farther or more affordably - they have given us the ability to choose not to travel at all, such as for business, or to travel anywhere at anytime, such as for remote workers and their families and friends.
Travel Recovery
The Role of Travel Announcements on Travel Recovery
When examining the latest Air Ticketing Data for industry partner CAPA, a clear observation is that travel recovery is performing at a different pace from country to country – even if you are in the same region!