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Tag: COVID-19


Travel

Japan is Open to Tourists Again, But What Does Americans' Travel Intent Actually Look Like?

December 16, 2022

Via: Hotel News Resource

With Japan reopening its borders to tourism on October 11, 2022, for the first time since the initial lockdowns of the COVID-19 pandemic, we were curious about how interested American travelers are in visiting Japan in the next year. First, […]


Travel

Business travel mentions among corporates already increased by 4% year-on-year in 2022 as COVID-19 restrictions ease, says GlobalData

June 23, 2022

Via: Hospitality Net

Following the easing of global COVID-19 restrictions, mentions in filings of ‘business travel’ per company* across sectors rose 17% in 2021 and have risen a further 4% in 2022**, suggesting that companies are looking at resuming business travel, according to […]


Finance and Development, Markets

Outbound tourism from Poland to recover to pre-pandemic levels by 2024 as COVID-19 travel restrictions are eased, says GlobalData

May 26, 2022

Via: Hospitality Net

Weakened traveler confidence, combined with strict COVID-19 measures, saw Poland’s outbound tourism numbers shrink to a fraction of what they were in 2019, says GlobalData. Figures from the leading data and analytics company reveal that outbound tourism from Poland declined […]


Travel

End Pre-Departure Testing: Travel Industry

May 6, 2022

Via: Hospitality Net

On Thursday, over 260 travel industry and business organizations sent a letter to White House COVID-19 Response Coordinator Dr. Ashish Jha calling for an urgent repeal of the pre-departure testing requirement for vaccinated international air travelers. The time is now […]


Finance and Development, Financial

February U.S. Travel Agency Sales Eclipse $5 Billion, Growing 48% Month over Month

March 17, 2022

Via: Hotel News Resource

Airlines Reporting Corp. (ARC) today released data showing ARC-accredited travel agency air ticket sales totaling $5.4 billion in February 2022, a 253% year-over-year increase from February 2021.* The net sales total marks the highest level since February 2020, a month […]


Finance and Development, Trends

China’s Hotel Construction Pipeline Closes 2021 at New Record High

February 11, 2022

Via: Hospitality Net

As seen in the Q4 2021 China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline at the end of the fourth quarter stands at 3,693 projects/700,567 rooms, up 9% by projects and rooms year-over-year (YOY). […]


Finance and Development, Markets

ForwardKeys Reports With Travel Tests Removed, UK Travellers Take to the Sky

February 9, 2022

Via: Hotel News Resource

The day after the announcement by the UK Transport Secretary was made, combined inbound and outbound flight bookings jumped to 84% of pre-pandemic (2019) levels, outbound to 106% and inbound to 47%. This news followed a series of relaxations in […]


Restaurants

Despite January job gains, the restaurant industry continues to struggle

February 7, 2022

Via: Restaurant Dive

This staffing trouble has ramped up labor costs and forced restaurants to trim operating hours and menus, putting pressure on bottom lines. Sixty-five percent of operators had to reduce their business hours in the past three months because they were […]


Finance and Development, Trends

Hoteliers adjust loyalty programs to attract and engage leisure travelers

February 1, 2022

Via: Hospitality Net

Judging from discussions at the Americas Lodging and Investment Summit, 2022 will be a year of widespread changes to hotel loyalty programs, and there will be fierce competition to enlist new members. In session after session, loyalty programs were raised […]


Finance and Development, Trends

2022 Travel Trends: Domestic Tourism Reigns Supreme

January 26, 2022

Via: Hospitality Net

COVID-19, as well as the growing need for more sustainable options, have caused a shift in the tourism industry, favoring domestic travel. The desire to travel remains strong, perhaps stronger than ever, but the pandemic has changed the way people […]


Technology

The Hospitality Industry Can Now Use Google Posts To Reach More Audiences And Drive Engagement

January 5, 2022

Via: Hospitality Net

Following Google’s confirmation, the hospitality industry can now use Google Posts to engage with their customers. Businesses that fall within the ambit of the hospitality industry can now use Google Posts to announce COVID-19 protocols, any updates to amenities or […]


Finance and Development, Trends

The Winners and Losers in the Pandemic? It Came Down to This – By David Eisen

December 20, 2021

Via: Hotel News Resource

Location… location … location. It’s a constant refrain in real estate and, by extension, the hotel industry. The turn of phrase took on a whole new meaning in the wake of the COVID-19 pandemic. Depending on orientation, some hotels thrived, […]


Finance and Development, Trends

Travelers Continue to Prefer Short-term Rentals and Smaller Size Hotels – STR

December 16, 2021

Via: Hotel News Resource

Change in travel accommodation preferences continues A new standard of preferences has been set since the beginning of COVID-19, and accommodation in the current situation continues to be less desirable than in pre-pandemic times. Travelers continue to prefer short-term rentals […]


Travel

Tourism Tidbits: Returning a Sense of Fascination to Travel and Tourism

December 7, 2021

Via: Hospitality Net

These last two years have not been easy. Tourism professionals have seen tourism industries that just a few years ago were highly successful now needing to fight for their survival. Certainly, world pandemics play a major role in this decline. […]


Finance and Development, Markets

The Staycation helps deliver record Q3 results with resilience in budget travel market

December 6, 2021

Via: Hospitality Net

Craig Bonnar, Chief Executive commented: “Following the lifting of all Covid-19 restrictions Travelodge has delivered a record trading performance in quarter 3. We saw a significant increase in demand post 19 July, with very strong levels of domestic leisure demand […]


Finance and Development, Markets

How has COVID-19 impacted the Swiss hospitality sector?

November 22, 2021

Via: Hospitality Net

Even as the world continues to ease its COVID-19 restrictions, for those of us who are restaurant owners, suppliers, and hospitality staff, we are not expecting a return to “business as usual.” In fact, after 20 months of navigating government […]


Finance and Development, Financial

Asia Pacific hotel investment to top $7 billion in 2021, growing to $9 billion in 2022 – JLL

October 22, 2021

Via: Hospitality Net

Hotel investment volumes will likely cross US$7 billion for the full year 2021, a 15% year-on-year increase, as investors continue to look past the industry’s short-to-medium term headwinds brought on by COVID-19. According to JLL (NYSE: JLL) Hotels & Hospitality […]


Travel

Update on American Travel Trends & Sentiment – Week of October 4th – Destination Analysts

October 14, 2021

Via: Hotel News Resource

Excerpt from Destination Analysts Americans’ travel marketability continues to gradually recover from the Delta-variant damage but travelers are feeling more financial stress lately and some uncertainty about vaccine protection. Meanwhile, the reopening of the U.S. border to vaccinated international visitors […]


Finance and Development, Trends

Google: Holiday travel will look different this year. Here’s how marketers can be ready

October 7, 2021

Via: Hospitality Net

With the holiday season fast approaching, travelers are making choices we haven’t seen before. But that’s no cause for despair. While new COVID-19 variants inevitably affect consumer priorities, understanding how today’s travelers navigate the new normal can help you position […]


Travel

Making up for lost time: How luxury travel in the Middle East is changing post COVID-19

September 14, 2021

Via: Hospitality Net

For the first time, AHIC will house the four close-knit investment communities of the Arabian Hospitality Investment Conference (AHIC), Saudi Arabia Hospitality Investment Conference (SHIC), Africa Hotel Investment Forum (AHIF) and the Global Restaurant Investment Forum (GRIF) under one roof. […]