Finance and Development, Financial, Travel
March 16, 2022
Via: Hotel News ResourceIf you are like all the travel industry professionals we’ve heard from recently, you are probably thinking (or worrying) about the potential impact of surging gas prices, inflation and other economic-related issues on travel. And you are smart to be. […]
March 16, 2022
Via: Hotel News ResourceLooking toward the future, it’s clear that how and where we work is changing – and travel is something inherently tied to that evolution. To this end, Amex GBT and cultural analysis firm CULTIQUE have partnered to create a white […]
March 10, 2022
Via: Hospitality NetThis year marks an exciting point for hotels within reach of 2019 numbers. Many select-service and resort hotels fit this profile, but the majority of hotels should see great growth in 2022. What is the landscape? Threats to the Industry […]
March 4, 2022
Via: Smart MeetingsA lot has changed in two years since the actors Tom Hanks and Rita Wilson announced they had contracted what was then known as novel coronavirus on a film set in Australia. What hasn’t varied is the desire around the […]
February 21, 2022
Via: Hotel News ResourceToday (Monday 21 February), Australia has reopened its borders to fully vaccinated tourists for the first time in almost two years. With 1 in 20 people planning to travel there this year, Australia is the eighth most popular destination for […]
February 15, 2022
Via: Hotel News ResourceThe emergence of a new COVID strain, Omicron, in late 2021, threw the global travel sector into upheaval once again, as several countries re-introduced travel restrictions to combat the spread of the highly transmissible virus. The crucial year-end holiday season […]
February 8, 2022
Via: Hospitality NetExpedia. Skyscanner. Booking.com. Trip.com. Priceline. These days there are countless third-party platforms for booking flights, hotels, rental cars and other aspects of the travel experience. While these websites can make the planning process feel more seamless and convenient, there are […]
February 3, 2022
Via: Hotel News ResourceIt seems as if the future of travel has become dependent on pandemic trends. Over the last two years, changes in the travel and tourism industry have primarily been Covid-focused, with new attention being paid to remote variables and contactless […]
February 2, 2022
Via: Hospitality NetMajor new research from the World Travel & Tourism Council (WTTC) has revealed the global Travel & Tourism sector’s contribution to the global economy could reach $8.6 trillion this year, just 6.4% behind pre-pandemic levels. In 2019, before the pandemic […]
January 31, 2022
Via: Hotel News ResourceTravel and Hospitality is a blessed industry. These words might surprise you after the last two years, but they are true. In 2019, pre- pandemic, 1.3 billion people travelled around the world, a number that had been growing at 4.5% […]
January 25, 2022
Via: Hotel News ResourceMark Tanzer, Chief Executive of ABTA – The Travel Association said: “Today’s announcement is a huge leap forwards in getting travel back to normal in England, in particular the removal of day 2 tests for those who are double vaccinated. […]
January 21, 2022
Via: Hospitality NetUNWTO has launched the first in a series of tourism investment guidelines focused on a specific country. Developed alongside the Ministry of Tourism of the Dominican Republic and the national Export and Investment Center (PRODOMINICANA), the new guide provides key […]
January 20, 2022
Via: Hospitality NetNew variant developments, government restrictions, and international policy inconsistencies are currently hindering a more accelerated return for global business travel. However, the industry continues to reflect progress and optimism in its long-view expectations for 2022, according to the latest poll […]
January 10, 2022
Via: Hotel News ResourceExcerpt from Yahoo While plans for the lab may have been in development prior to the pandemic, don’t be shocked if the health crisis drives some of what gets explored and ultimately implemented at Marriott’s roughly 7,800 hotels. Blended business […]
January 7, 2022
Via: Hospitality NetChinese New Year 2022 will be celebrated on 1 February and while we say goodbye to the year of the Ox, 2022 welcomes in the year of the Tiger, an animal sign known to be brave, confident and thrill seeking. […]
January 6, 2022
Via: Hotel News ResourceThe World Travel & Tourism Council (WTTC) and UKinbound have welcomed the government’s decision to remove pre-departure tests for travellers and replace damaging Day 2 PCR testing with antigen tests Julia Simpson, WTTC President & CEO, said: “The removal of […]
December 28, 2021
Via: Hospitality NetThis year set a record for travel companies going public or announcing they will go public, setting up 2022 to be another banner year, too. In 2021, a half-dozen companies had traditional IPOs. In the following chart, “cash to balance […]
December 28, 2021
Via: Hospitality NetAlthough the full impact of the Omicron variant on the travel industry is not yet known, with borders reopening across the world and recovery settling in, airlines and hospitality brands are again looking ahead with an expansive lens. Crisis always […]
December 27, 2021
Via: Hospitality NetSkift Research has been tracking the recovery of the flight, hotel, short-term rental, and car rental sectors in 22 countries since the start of the pandemic. One continuing truth is that recovery is extremely unequal, with the latest November 2021 […]
December 13, 2021
Via: Hotel News ResourceOnly time will tell whether European governments are overreacting by trying to bolt the entry door shut after Omicron has already entered the country. However, as an industry, we need to understand that the new normal for travel is uncertainty […]