2019 Communication Travel and Tourism 
Revenue Hub
MARCH 27, 2023
In 2019, China was the tourism market of the moment. NB: This is an article from Net Affinity Chinese tourists made up 220 billion in tourism revenue, (which was 20% of global tourism spend). Covid naturally undermined tourism demand. In travelling perhaps less often, but more mindfully?
SiteMinder
FEBRUARY 28, 2023
Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.
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Revenue Hub
JUNE 28, 2023
The recovery of business travel and the evolution of bleisure travel globally highlights the importance of adapting to changing travel trends. This adaptability allows hotels to stay relevant and appeal to the evolving preferences of modern travelers. There have been regional gains across the board.
Hotel Owner
MAY 20, 2024
The staycation trend has seen an unprecedented surge in popularity, particularly in the wake of global events that have restricted international travel, particularly due to the covid-19 pandemic. The appeal lies in the convenience, reduced travel costs, and the opportunity to explore local attractions that might otherwise be overlooked.
Hotel Business
JANUARY 25, 2024
Though 2023 proved to be a challenging year for commercial real estate, marked by geopolitical tensions and capital market dislocation, the lodging industry demonstrated resilience, with RevPAR achieving a full recovery and surpassing 2019 levels by 12%. Cities like London, New York and Tokyo have become attractive investment destinations.
Revenue Hub
OCTOBER 6, 2022
Valued at $720 billion in 2019, wellness tourism’s economy is transforming nearly every aspect of travel. As we emerge from the pandemic, the Global Wellness Institute predicts an explosive annual growth of +21% in wellness tourism. In need of a little reminder of what wellness tourism is? Comwell Borupgaard.
Hotel Owner
NOVEMBER 10, 2022
Instead of expensive foreign travel, people are likely to favour more affordable holidays closer to home. . Whilst many had suggested a return to 2019 levels would not be seen till 2024, the luxury sector and the economy sector in Q3 performed as well as 2019 at the revenue level.
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