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McKinsey: What is the Future of Travel

Revenue Hub

After the pandemic upended life and leisure as we know it, travel is roaring back. Much of this has been so-called “revenge travel,” or people embarking on international or bucket list trips that were delayed by the pandemic. Check out the highlights below, as well as McKinsey’s insights on AI in travel, mass tourism, and much more.

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Sustainability: The Next Stop for Spanish Tourism Excellence

Revenue Hub

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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U.S. Travel & Tourism sector exceeding previous records

Hotel Business

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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The rise of staycations: how UK hotels can capitalise on domestic tourism

Hotel Owner

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.

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Report: Independent hotels see record-breaking occupancy

Hotel Business

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

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Apex Hotels returns to profit in FY22

Hotel Owner

It comes as the family-owned four-star hotel group re-opened all nine of its hotels in London, Bath, Edinburgh, Glasgow, and Dundee as travel restrictions were lifted and tourism increased. Apex City of Bath Hotel and Apex City Quay Hotel and Spa were recently granted Silver Green Tourism Awards.

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QHotels Collection appoints two to its national sales division

Hotel Owner

The QHotels Collection has appointed Paula Turton as national account director for leisure and Lucy Whittington as leisure sales support executive. In her new role, Turton will oversee all domestic and inbound travel trade. Whittington will work alongside Turton, facilitating the booking process for clients. .”