This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The tourism and hospitality sector are growing precipitously – but what has often gotten lost amidst the din is the extraordinary revival of domestictourism. According to McKinsey’s recent report on the state of the sector, in 2023 75% of trips worldwide were taken domestically.
Here are some key segmentation criteria to consider: Reason for Travel Segmenting guests by the purpose of their trip provides valuable insights into their needs and preferences. For example: Business Travelers: Prioritize efficiency and convenience, seeking amenities like high-speed internet and meeting spaces.
UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.
domestictravel demand entered the fourth quarter on a slow note in October, continuing a pullback seen in September. In October, Omnitrak’s Travel Market Penetration Index edged downward to 98.7 Looking ahead, lower gas prices and AAA’s forecast of a 2.3% According to Omnitrak , U.S. and prior month September 2023 (100.7)
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.
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?
Meanwhile, those who are heading overseas might be gasping at the price of their regular beach-side cocktail, due to a weak pound. In addition, what has been previously coined as ‘blended travel’ – mixing business with leisure and tagging on a few days of sightseeing to a business trip – is seeing a rise.
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.
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.
When it comes to the future of online travel agencies (OTAs) and their role in the hospitality industry, there are a few key trends and factors to consider. As technology continues to advance, the future of online travel agencies looks promising, with several key trends reshaping their role in the hospitality industry.
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.
The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 are 55-64. In 2022, New South Wales was the state with the highest number of domestic overnight visitors (24.89
While not without controversy, Qatar’s hosting of the 2022 FIFA World Cup is a significant milestone on its journey to becoming a premier league tourism destination. Berthold Trenkel, COO of Qatar Tourism, says: “2022 has been an extraordinary year in Qatar with so many major new hotel and tourism openings. per cent), UK (8.47
Nowhere in Europe has tourism played as big a role in shaping the overall food scene as Portugal. Over the last several years there’s been a drastic spike in the number of travelers flocking to the Iberian country — tourism pumped 18 million euros into the local economy in 2019 alone (compare that to 9.4 So what happens now?
International travel restrictions stimulated ‘the great British staycation’, which caused hotels to experience buoyant trading performances across coast and country markets. During 2022, this was complemented by revenue growth across urban markets as consumers returned to cities and international travel recommenced.
UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.
What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4
AltoVita powers the corporate accommodations sector with enterprise software layered with a human-centric approach, providing every traveller with exactly what they need. Find out more here didatravel is a holistic travel service provider through innovative technology. Rebahan is an Online Travel Agent (OTA) application created by PT.
As transatlantic tourism resurfaces and the relative strength of the dollar against the pound makes visiting the UK more attractive, this makes them a critical factor in the success of the country’s hotel industry. Tip one: engage with the holiday .
In a new study published in the Journal of Hospitality and Tourism Research , Minjing Shin, an assistant professor at Hilton College, and her colleagues at Hong Kong Polytechnic University, suggest unplanned purchases of luxury experiences increase positive emotions and a sense of escapism. And the higher the price, the higher the escapism.
What are Chinese travellers? Chinese travellers are individuals residing in China who traveldomestically within their country or internationally to various destinations around the world. Table of contents Why should you capture the attention of Chinese travellers?
The increase was also significant when compared to the rate of THB 4,949 (US$135) during the week prior to Songkran, which further highlights the holiday’s influence on the local hotel and travel industry. Furthermore, domestictravellers in April reached their highest levels since October of 2023.
Since the Government introduced its energy support package for businesses, UKHospitality has continued to raise the reckless behaviour of energy suppliers offering rates well above wholesale prices, hiking standing charges, demanding eye-watering deposits, and, in some cases, refusing to work with hospitality.
“They’ve had to basically adapt and change their entire business model,” says Yang Yang, an associate professor in the School of Sport, Tourism and Hospitality Management (STHM) at Temple University. Asia Center for Tourism and Hospitality Research, the road to recovery could still be a long one. The Big Value Shift.
Edinburgh has been one of the few markets to still achieve double-digit pricing growth year over year after experiencing robust growth in 2023. Limited supply-side pressures and its growth in popularity among international travellers have supported hotel performance. Aberdeen has been the outlier.
Edinburgh has been a standout performer, achieving double-digit pricing growth due to strong international tourism, event hosting, and high occupancy rates of 85-90%. While prospects remain positive with increasing international travel and improved domestic spending, rising operational costs may challenge profitability.
Whether it is through branding messages, targeting the appropriate target audience or activities that keep previous guests engaged, the world of marketing for hospitality and tourism has evolved significantly in the digital age. Price: Rate by day of week, market segment, seasonality, room types and perceived relative to the competition.
SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.
Though Isan cuisine has proven popular around the world, chefs in the northeastern Thai region are still fighting for recognition domestically, using foraged ingredients and fine dining techniques to rewrite their culinary reputation Rule 1: Gather eggs between March and May. Plating ant eggs for a quick snack.
According to Cristina Balekjian, director of UK Hospitality Analytics at CoStar, Scotland has seen quite a strong rebound from international travelers and this was also seen in Visit Britain’s recent tourism statistics which saw Scotland’s inbound travel increase 46% with a record 2.0m visits between January and June 2024.
People still tend to go to these destinations, for example places like Amsterdam have increased their taxes to control the number of tourists, but that hasn’t deterred people from traveling to the city, she says. Thompson explains that it is ultimately dependent on global economics and the willingness of people to travel and spend.
Table of contents Latest news in the hospitality industry A year of increased stability and growth At the beginning of 2023 the focus was firmly on growth, particularly given the effects of COVID on the travel sector over the preceding years. Almost one in five hotel rooms booked online are cancelled prior to travel.
The surge in new hotels is driven by a combination of different factors; increase in travel demand, investor confidence and economic recovery. McCartan also stated that the rise in travel demand has also contributed to the rise in new hotel experiences.
While London has slipped two spots due to a combination of high land prices and limited RevPAR growth against pre-pandemic levels, 2023 marks the return of city destinations, with both Manchester and Liverpool climbing back into the top 10 and Glasgow maintaining its position as number eight.
Tourism recovered substantially in 2022 and our performances, up strongly in all regions, reflected that rebound,” said Sébastien Bazin, chairman/CEO, Accor. Worldwide, Accor’s recovery was primarily driven by domestic guests, with levels exceeding those of 2019. over the 12-month period.
Sales and marketing are exciting and rewarding fields in travel, tourism and hospitality. Sales and marketing are exciting and rewarding fields in travel, tourism and hospitality. However, it can be a challenge to figure out how to get started in such a competitive field.
According to the latest report from Tripadvisor , which outlinines the road to recovery for the travel and dining industry, restaurants are showing the first signs of recovery, leading the way for hospitality businesses. Pricing, promos, and rewards, oh my! 74 percent of respondents said they will be just as price-sensitive as before.
Travel Plans for 2021. Tripadvisor® released the findings of a new research report based on the platform’s unique insight into shifting traveler trends, revealing how consumers are planning to travel in 2021 and what impact the ongoing pandemic has had on their trip planning habits. In the U.S.,
These are the basic desires that compel travelers to restaurants around the world and bring together people for meals across cultures. As more people have joined the surge in travel in the last few years, 2025 is set to be one for the record books and the guest books in crowded hot spots, where its become hard to truly get away.
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content