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How hoteliers can ride the revival of domestic tourism

Hotel Owner

The tourism and hospitality sector are growing precipitously – but what has often gotten lost amidst the din is the extraordinary revival of domestic tourism. According to McKinsey’s recent report on the state of the sector, in 2023 75% of trips worldwide were taken domestically.

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U.S. Travel Predicts International Inbound and Domestic Business Travel to Remain Low

Lodging Magazine

Travel Association released its biannual forecast for travel to and within the United States through 2027, showing that international inbound and domestic business travel will remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released after U.S. WASHINGTON—The U.S.

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NEW Forecast Predicts United States will Continue to Struggle for International Inbound, Domestic Business Travel

Hospitality Net

Travel Association today released its biannual forecast for travel to and within the United States through 2027, showing international inbound travel and domestic business travel will continue to remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released just days after U.S.

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Tourism trends: Domestic and international tourist market

SiteMinder

What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?

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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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WTTC: U.S. remains most powerful travel & tourism market

Hotel Business

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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IHG continues to lead booming business travel market in greater china with diversified investment initiatives

Hospitality Net

With the continuous recovery of domestic tourism in China, the demand for business and MICE travel has surged.