WTTC Predicts a Strong Recovery of the European Travel & Tourism Sector in 2022
The World Travel & Tourism Council (WTTC) has revealed bookings for intra-European travel over the Easter period have increased by more than 250 percent, while summer bookings are currently 80 percent above 2021 levels.
Omicron Emergence a Yardstick for the Hotel Industry
Just as the world was rounding the corner on the Delta variant, along came Omicron—a rowdy interloper arriving to a party all hoped was winding down. And though the intrusion was noisy at first, Omicron could potentially be more insipid than insidious.
A Review of Hotel Company Key Performance Metrics in 2021
The recovery of the hotel industry from the ongoing global pandemic can be measured by improvements to key performance metrics, which dropped precipitously as lockdowns and travel restrictions were imposed in March 2020, and have improved through starts and stops since.
U.S. Travel Association Biannual Forecast Shows Uneven Travel Recovery
Days after the U.S. reopened its land and air borders to vaccinated international visitors, U.S. Travel Association released its biannual forecast, which shows an uneven recovery for the international inbound and business travel segments, while domestic leisure travel has returned to near pre-pandemic levels.
Hoteliers Evolve Operations To Focus More on Experiences
Experiential travel and hotel stays have been the buzz of the past few years, and top the agendas of many hotel brand operators. Lenders now are also paying attention to the demand for hotel experiences, according to executives who spoke at the recent Gulf & Indian Ocean Hotel Investors’ Summit in Ras al Khaimah, United Arab Emirates.
International Travel Ban Ends as Borders Open to Visitors from Dozens of Countries
From Dublin, Sao Paolo, Brussels, London and other cities around the world, international visitors spilled into U.S. airports Monday in joyous celebrations that marked the end of a pandemic-related travel ban that kept them separated from loved ones for more than 18 months.
Article by Lori Aratani and Ian Duncan for The Washington Post
Business Travel Spend Set to Reach Two Thirds of Pre-Pandemic Levels by 2022
Worldwide business travel spending looks set to rise by more than a quarter this year and reach two thirds of pre-pandemic levels by 2022, according to the World Travel & Tourism Council (WTTC). The forecast comes in a major new WTTC report in collaboration with McKinsey & Company.
The U.S. Will Open Land Borders for Fully Vaccinated Travelers in November
The Biden administration will lift travel restrictions at the borders with Canada and Mexico starting in November for fully vaccinated travelers, reopening the doors of the United States to tourists and separated family members who have been sealed out of the country during the pandemic.
Article by Zolan Kanno-Youngs & Emily Cochrane for the New York Times
SkiftX unpacks how 5G can impact every dimension of the hotel experience, from customer convenience and deeper guest personalization, to amazing entertainment resources, enhanced meetings and events, and streamlined operations industry-wide.
Booking Revenue Triples on Travel Demand Boost from U.S., Europe
Online travel agency Booking Holdings Inc said on Wednesday its quarterly revenue more than tripled and trounced estimates, driven by strong demand in Europe and the United States as more people planned their long-delayed getaways.
44th Annual NYU International Hospitality Industry Investment Conference
June 05 - 07
Hosted by the Jonathan M. Tisch Center of Hospitality, the NYU International Hospitality Industry Investment Conference features general sessions, and networking events that provide data, analysis, perspectives, insights and opportunities. Meet, mingle and network with the professionals who drive this stimulating, evolving and fascinating industry.
The highest-end suppliers, buyers and media in the new world of APAC luxury travel gather at ILTM Asia Pacific in Singapore to create exciting new itineraries, do business and build lifelong bonds. Four days of high-quality pre-scheduled appointments, educational sessions, networking, parties and invaluable exposure sum up the ILTM Asia Pacific experience.
The Hospitality Industry Technology Exposition and Conference is the world's largest and oldest hospitality technology event. Produced by HFTP, HITEC offers a unique combination of top-notch education and brings together the brightest minds and hottest technologies from across the globe to one place
This in-person Los Angeles event will gather women in the travel, tourism and hospitality industries to focus on "Money, Abundance, and Manifestation" and is designed to spark discussion about how the greatest accomplishment in our careers is how we think about and take action on our financial wellness.
The 14th Annual Hotel Data Conference, hosted by Strategic Partner STR and Hotel News Now, will provide expert analyses, new strategies and tangible best practices. Considering the current environment, the need for such insights is greater than ever.