Tag: travel

July 15, 2024

TTH firms are accountable and must take the changes taking place seriously, from Greta Thunberg’s movement to new priorities in the World Economic Forum´s agenda or the ever-growing list of world moguls taking on a leading role in the fight against climate […]

July 11, 2024

While many business travelers know of and often refer to their company’s travel policy, there’s still a gap between policy awareness and policy compliance, according to a recent BCD Travel survey of 1,200+ business travelers worldwide. The survey looked at […]

July 10, 2024

In Germany Demand for holidays is more robust and lively than it has been for a long time. Booking figures are back to pre-corona levels in many places, and even higher in some areas. Neither higher end prices nor international […]

July 4, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) reported that Vietnam’s Travel & Tourism sector is forecast to inject a record đ770.8TN into the national economy this year. According to the latest research, Travel & Tourism’s […]

July 1, 2024

As the Asia Pacific region continues to be the growth engine for luxury travel, a new comprehensive report from the Luxury Group by Marriott International has identified new expectations and travel preferences among high-net-worth (HNW) travelers in Asia Pacific. Across […]

June 17, 2024

Travel and tourism sector witnessed 10.9% year-on-year (YoY) decline in the number of deals (mergers and acquisitions (M&A), private equity (PE) and venture financing) announced globally during January-May 2024. Despite this downturn, PE deals showed improvement, and European markets showed […]

June 14, 2024

Washington State University’s Carson College of Business released a new report with insights into Americans’ upcoming travel plans, including motivations, budgeting habits and considerations surrounding sustainability and AI. One of the top findings in the report reveals nearly all members of Gen […]

June 10, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in Saudi Arabia, with new records in GDP contribution, sector jobs and visitor spend. Saudi Arabia’s Travel & Tourism […]

June 6, 2024

The Global Business Travel Association (GBTA) today unveiled a new study, the “GBTA U.S. Economic Impact Study: Business Travel’s Impact on Jobs and the U.S. Economy,” which quantifies the significant economic impact of traveling for work in the U.S. The […]

June 3, 2024

STR and Tourism Economics made significant downward adjustments to the 2024-25 U.S. hotel forecast just released at the 46th Annual NYU International Hospitality Industry Investment Conference. The latest revision reflects lower-than-expected performance thus far in 2024 as well as lessened […]

May 28, 2024

ForwardKeys today announced its summer outlook for 2024, revealing a robust recovery in demand for summer travel across Europe. This positive trend signifies a full return to pre-pandemic travel levels, with notable shifts in traveller preferences. London Most Searched Destination […]

May 24, 2024

The World Travel & Tourism Council (WTTC) is forecasting an historic year for Canada’s Travel & Tourism sector this year, with the economic contribution set to reach an all-time high of almost $182BN. Reaching $182.1BN in 2024 represents an additional […]

May 23, 2024

Hotelschool The Hague (HTH) and the Caribbean Tourism Organization (CTO) have announced a partnership to ignite sustainable practices and innovation across the global tourism landscape. This collaboration expands the Sustainable Hospitality Challenge (SHC) into the Caribbean region, broadening the platform’s […]

May 22, 2024

Even with the economy’s ups and downs, travelers are spending more on experiences. They’re going for bucket-list adventures that showcase their unique passions. This booming industry is expected to reach $1.6 trillion by the end of 2024! Airbnb is also […]

May 20, 2024

Personal travel is top of mind for many consumers this year and rewards programs will make all the difference, according to a survey of 1,000 US travelers by Wakefield Research. At the start of National Travel and Tourism Week, the […]

May 16, 2024

Today, Airlines Reporting Corp. (ARC) released data showing April air ticket sales totaled $9.1 billion for U.S. travel agencies – a 4% increase from April 2023. This marks the largest recorded total for April since ARC began reporting this data […]

May 15, 2024

Travel and tourism sector witnessed the announcement of 217 deals (mergers and acquisitions (M&A), private equity and venture financing deals) during January-April 2024 compared to the announcement of 251 deals during the same period in previous year. This represents a […]

May 10, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) today unveiled a promising future for Oman’s Travel & Tourism sector. With strong government support and strategic initiatives, the sector is poised to not only recover but to […]

May 7, 2024

The 2024 travel forecast is looking sunny with a chance of savings. Despite increasing inflation, according to the latest internal data from KAYAK airfare is down 13% for domestic and 3% for international flights vs. 2023. To help travelers score […]

April 22, 2024

The leading players of Travel & Tourism globally have published a landmark joint report setting out their joint plan to help halt and reverse biodiversity loss. Launched on Earth Day 2024, “Nature Positive Travel & Tourism in Action” is the […]