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U.S. remains the world’s most powerful travel & tourism market

eHotelier

The World Travel & Tourism Council (WTTC) today launched its 2024 Economic Impact Trends Report, which has revealed the U.S. as the world’s most powerful Travel & Tourism market, contributing a record-breaking $2.36 TN to the nation’s economy last year.

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International tourism reached 97% of pre-pandemic levels in the first quarter of 2024

eHotelier

International tourist arrivals reached 97% of pre-pandemic levels in the first quarter of 2024. According to UN Tourism, more than 285 million tourists travelled internationally in January-March, about 20% more than the first quarter of 2023, underscoring the sector’s near-complete recovery from the impacts of the pandemic.

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The Estate Hotels and Residences Heralds a New Era for Longevity Tourism

Larry Mogelonsky

The longevity revolution will mean more demand for onsite wellness and antiaging programming at hotels, offering both a path to greater ancillary revenues as well as a whole new market for longevity tourism travelers looking specifically to hotels that offer healthspan-extending services. The term longevity tourism is relatively new.

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Europe’s tourism rebound predicted to continue into 2023

eHotelier

The outlook for travel to Europe is promising despite global pressures such as high inflation, the war in Ukraine and consequent energy crisis, and the looming economic recession. The latest data indicates a recovery of 75% of 2019 travel volumes to Europe in 2022.

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An Independent Hotelier’s Guide to Intergenerational Travel

Revenue Hub

According to an IMG customer survey, 35 percent of families expected to take an intergenerational trip in 2024. Here’s how: Beach Vacations The beach appeals to intergenerational travelers because it caters to all activity levels. On-site swimming pools are popular with intergenerational travelers too! Not a beach in sight?

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STAAH’s 2024 Channel Insights: Direct Bookings Surge in India

STAAH

GoMMT retains its top spot from last year as the most preferred online booking channel by Indian travellers followed by Agoda and Booking.com. STAAH SwiftBook , the booking engine connected to hotel websites has made the highest climb in the top channels list for 2024, up two spots to number four.

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McKinsey: Four Emerging Themes in Business Travel

Revenue Hub

The headline numbers on business travel are excellent. The World Travel & Tourism Council recently released its projection that the global value pool for business travel in 2024 is about $1.5 In the United States, the 2024 value pool expectation is $472 billion, which is 13.4 For context, $1.5