Sector will boost national economic recovery – More than 680,000 jobs could be created over the next 10 years
Helped by strong international arrival numbers, as well as an earlier Ramadan, Dubais May GOPPAR reached US$115.37. That level was 776% of the pre-pandemic comparable. Just a month earlier during Ramadan, the market was at 79% of 2019 GOPPAR.
The national average for a gallon of gasoline fell to $4.80, down eight cents over the past week. The primary reason for the decline is lower demand at the pump as fewer people fueled up over the past two weeks. The lull, however, could end with the arrival of the summer driving season.
A Pictorial Update on Our Latest Thoughts and the Facts and Figures Influencing Our Industry
Rail operator LNER has published a new report looking at the future of business travel in the post Covid world.
Inflation is the word on everyones lips right now and with good reason. No matter what industry youre in the record level of inflation is having a big effect on day-to-day business. The hotel industry is no exception. A quick scan of Booking.com or Expedia and you will immediately notice the apparent impact of inflation on hotel rates. Everywhere you look in Europe, room prices are soaring. But, this rise in prices isnt driven purely by inflationary pressures
Sector to reach near pre-pandemic levels by next year
With leisure demand driving the recovery in the hotel industry, all-inclusive resorts are in high demand around the world, especially now that travel costs are rising, and travelers are looking for vacations that provide the best value for their money. Read on to know more.
There are some early signs that travelers may have reached their limit when it comes to hotel pricing.
This summer, Spanish tourists will continue to opt for holidays in their own country. According to latest ForwardKeys data on issued bookings, domestic flight reservations are 3% above 2019 values, with the islands the most sought-after destinations.