Global Hotel Demand Uptick Tussles with Competing Costs
With the global pandemic showing some signs of relent, the collective hotel industry is reaping the reward, as travelers get back on planes or hit the road. The hotel industry is happy to welcome them back, but a continued revenue shortfall is having consequence on the bottom line.
COVID-19 Vaccine Rollouts Are Driving Summer Travel Demand
A new travel trends research paper by Tripadvisor reveals that vaccine rollouts globally are driving an increasing demand for summer vacations, with vaccinated travelers more likely to stay longer and spend more on their trips than unvaccinated travelers.
HFTP Announces Global Expansion with Charter of the HFTP India Chapter
The association for hospitality financial and technology professionals offers industry-focused education, resources and networking opportunities, and the new chapter will build upon these strategic goals for Indian hospitality professionals.
The Week That U.S. Travel Started Its Recovery, by the Numbers
After a year of multiple coronavirus case surges in the U.S. dealing blows to the travel industry, the recovery across a variety of sectors like hotels and airlines appears to have something new: momentum.
CDC Says Travel Is Safe For Fully Vaccinated People, But Opposes Nonessential Trips
The Centers for Disease Control and Prevention has updated its domestic travel guidance for fully vaccinated people,lifting certain testing and self-quarantine requirements andrecommending precautions like wearing a mask and avoiding crowds.