Hotel Business

MAY 1, 2023

The World Travel & Tourism Council ’s (WTTC) 2023 Economic Impact Research (EIR) has revealed that the U.S. travel & tourism sector is forecast to exceed the 2019 peak this year. economy this year, surpassing the 2019 pre-pandemic high of $2.17 “The travel & tourism sector in the U.S.

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eHotelier

FEBRUARY 8, 2023

The World Travel and Tourism Council (WTTC) noted in its Cities Economic Impact report that Buenos Aires is one of the Latin American cities with the greatest recovery, reaching numbers above its 2019 levels.

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Travel and Tourism 130

eHotelier

NOVEMBER 29, 2022

WTTC and Saudi-based Sustainable Global Tourism Center launch inaugural Environmental & Social Research Between 2010 and 2019 the sector’s GDP has grown on average 4.3% annually whilst its climate footprint increased by just 2.4%.

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Travel and Tourism 130

Lodging Magazine

APRIL 14, 2025

Los Angeles continues to recover from the long-term effects of the pandemic and most recently the devastating wildfires, anew reportreleased by the American Hotel & Lodging Association (AHLA) found that the citys recovery of international visitors from 2019 levels lags behind every other major U.S. WASHINGTON, D.C.As

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Magazine 59

eHotelier

MAY 9, 2023

European tourism demand entered 2023 on a strong footing despite ongoing challenges, with international tourist arrivals 18% below 2019 levels.

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Travel and Tourism 130

eHotelier

NOVEMBER 13, 2022

Europe is expected to recover close to 75% of 2019 travel volumes by the end of 2022 Challenging economic backdrop will lead to a difficult winter for the tourism sector in Europe Transatlantic travel gets a boost in 2022, spurred by a stronger dollar against key European currencies.

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eHotelier

JUNE 13, 2023

The Japan National Tourism Organization (JNTO) announced that American visitor arrivals to Japan increased by 3.6 percent year-to-date in 2023 over the same period (January-April) in 2019, a year that broke the record for international travel to Japan.

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Hotel Business

AUGUST 22, 2023

The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report has revealed an encouraging resurgence in travel & tourism investment, overcoming pandemic setbacks and signaling a strong return to growth. From 2010-2019, investment grew steadily at 4.3%

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Hotel Business

JANUARY 23, 2023

A new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism among consumers, with 69% of travelers actively seeking sustainable travel options. But 2023 is looking even better in terms of travelers’ spend.

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Hotelogix

APRIL 11, 2025

Did you know that hotel taxes contribute billions of dollars annually to local economies, funding everything from infrastructure projects to tourism promotion? For travelers, these taxes can significantly impact the overall cost of a stay, while for hoteliers, understanding and complying with these taxes is critical to avoid penalties.

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Travel and Tourism Budgeting Information Events 100

Travel Pulse Destinations

APRIL 26, 2023

The travel industry’s global GDP contribution for 2023 is projected to be just 5 percent short of the industry’s 2019 peak.

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Travel Pulse Destinations

FEBRUARY 1, 2023

The islands’ tourism partners gather for the first ParauParau in-person conference since 2019.

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Revenue Hub

JULY 7, 2023

Tourism is vital to Spain. The country’s natural attractions and cultural assets draw crowds from around the world – making many of its communities reliant on tourism. Pre-pandemic, Spain was the second-largest tourism destination in the world, drawing 84 million visitors in 2019 who brought over €92 billion in revenue.

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Travel and Tourism Article Accounting Pricing 98

Hospitality Net

MAY 1, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the U.S. Travel & Tourism sector is forecast to exceed the 2019 peak this year.

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Hospitality Net

SEPTEMBER 19, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the UK Travel & Tourism sector is forecast to exceed the 2019 peak this year.

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Hospitality Net

MAY 26, 2023

April 2023 marked an important milestone: The full recovery of travel since the pandemic – as measured by the Skift Travel Health Index. And it’s a record, with our index passing the level last reached in 2019.

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Hospitality Net

MAY 19, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the UAE Travel & Tourism sector is projected to meet the 2019 peak this year.

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Hotel Business

SEPTEMBER 6, 2024

is the world’s most powerful travel & tourism market, contributing a record-breaking $2.36 trillion to the nation’s economy last year, according to the World Travel & Tourism Council’s 2024 Economic Impact Trends Report. Despite the slow return of spending from international travelers, the U.S.

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Revenue Hub

NOVEMBER 24, 2022

While international travel recovery worldwide in Q4 tracks 30% below 2019 levels, the European continent overperforms the world average at -24%. Urban destinations, which were heavily affected by the Covid crisis, are now closing the gap with other forms of city tourism. NB: This is an article from ForwardKeys.

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Travel and Tourism Article Information Book 93

Hospitality Net

JULY 13, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the Portuguese Travel & Tourism sector is projected to exceed the 2019 peak this year.

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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?

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Travel and Tourism Article Marketing Communication 85

Hospitality Net

NOVEMBER 8, 2023

Travel is a force for good in the world, and it is also a powerful economic engine. Before the pandemic, WTTC calculated that the tourism sector was responsible for 1 in 5 new jobs and accounted for roughly 10% of global GDP and an equal share of employment. International tourism as an export service amounted to staggering $1.9

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Travel and Tourism Accounting 98

Travel Pulse Destinations

MAY 17, 2023

The Canadian travel industry is within striking distance of its 2019 pre-pandemic peak of $173.9 billion.

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Travel and Tourism 86

Hotel Business

APRIL 8, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) revealed that the U.S. Travel & Tourism sector has contributed more to the U.S. According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution grew by 7% to reach a total of $2.36

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Travel and Tourism Accounting Marketing 59

Hospitality Net

MARCH 21, 2024

Seeking unique travel experiences will remain a robust trend in a growing global tourism market in 2024, which has major implications for hotel operators. Predictions paint a rosy picture for travel in 2024. UNWTO expects international arrivals to finally return to pre-pandemic levels, and even exceed 2019 figures by 2%.

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Travel and Tourism Marketing 98

Revenue Hub

OCTOBER 21, 2022

The travel sector in Europe is slowly but surely showing signs of recovery in the post-pandemic with Istanbul, Lisbon, and Madrid showing strong results. Travel recovery across Europe is set to continue in Q4 despite all the doom and gloom in the news about inflation, recession, oil prices and the war in Ukraine. And the best news?

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Travel and Tourism Article Book Blog 98

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

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Travel and Tourism Book Reservations Marketing 102

Larry Mogelonsky

JUNE 12, 2024

And yet, this is more often than not the first thing that suffers when we travel. While we previously called sleep tourism as a microsegment, it won’t be for long. Critically for the travel and hospitality industries: as customers does at home, they will come to expect at their chosen hotels.

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Revenue Hub

MARCH 10, 2023

As hospitality entered a new era of travel, we witnessed a continuous and encouraging recovery in 2022. NB: This is an article from TrustYou With travel restrictions being relaxed or even lifted completely, the pandemic was no longer a primary concern when planning and heading into a trip, at least in most regions. compared to 2019.

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Travel and Tourism Article 97

Hotel Business

NOVEMBER 30, 2022

The World Travel & Tourism Council (WTTC) has unveiled new data detailing the climate footprint of the global Travel & Tourism sector. The findings were launched at the global tourism body’s 22nd Global Summit in Riyadh by the council and the Saudi-based Sustainable Global Tourism Center.

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InnQuest

AUGUST 24, 2022

Here’s a detailed breakdown of the importance of bleisure travel for hotels and how to attract more bleisure travellers to quadruple your business profitability. . Amidst all of this, what once used to be strict “business-related travel” has now evolved progressively with a hint of “leisure and enjoyment”.

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Travel and Tourism Book Catering Marketing 130

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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Hotel Business

FEBRUARY 6, 2025

Despite these issues, potential lies ahead, driven by key trends in guest spending; shifting traveler behaviors; and upcoming major sports and entertainment events, according to the 2025 State of the Industry report from the American Hotel & Lodging Association (AHLA),produced in collaboration with Accenture. million people.

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Travel and Tourism Maintenance Events Book 64

Hotel Owner

MARCH 13, 2025

Hotel values across Europe showed a steady 2% rise in 2024 with the help of lower interest rates, modest gains and RevPAR and consistent demand for European travel from international visitors, according to HVS latest Hotel Valuation Index. Some markets have even surpassed values of 2019.

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Travel and Tourism Marketing Events 52

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.

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Travel and Tourism Book Reservations Article 98

Revenue Hub

MARCH 3, 2023

The first thing to remember is that, just like for travellers from all over the world, there is no one-size-fits-all approach to attracting guests from China. Subscribe to our weekly newsletter and stay up to date On top of that, there has always been diverse incomes, budgets, ages, hometowns, interests, and travel motivations.

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Travel and Tourism Book Article Budgeting 97

HotelREZ

JANUARY 28, 2025

The market is becoming increasingly competitive for independent accommodation providers, with large hotel chains quickly adapting and OTAs investing to capture travellers. The advancement of self-booking tools means business travellers can easily browse options to make informed decisions that meet their requirements.

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Travel and Tourism Book Budgeting Pricing 52