The recovery of business travel begins, although at a slower pace than leisure travel. The latest Tourism Barometer from BrainTrust on business travel revealed that this industry will grow more than 50% in the next two years, although pre-Covid levels wont be achieved until 2025.
RedDoorz has launched a new mid-scale brand, Sunerra Hotels, as part of its bid to become Southeast Asia's largest hospitality company. The first property launched in Jakarta, Indonesia, earlier this month.
BWH Hotel Group, which includes the Best Western brand, during Memorial Day weekend had an all-time high in RevPAR, said BWH president and CEO David Kong on Monday during a panel at the International Hospitality Conference webinar hosted by the NYU School of Professional Studies' Jonathan M. Tisch Center of Hospitality.
Ribbon cutting marks grand opening of 1.4 million square foot West Hall before Informa Market's World of Concrete; Las Vegas Convention Center Loop Begins Operation
According to CheapOair, flight bookings by passengers 55 years of age and older are trending solidly upward. The OTA reports a 21% increase in 2021 year to date bookings as a percent of total for persons 55-64, and a significant 70% increase in the same data for seniors 65+.
Consumer and business confidence in the disruptive and costly traffic light system has all but evaporated – WTTC calls for all fully vaccinated Brits and those with proof of a negative test to be able to travel freely – UK is losing its competitiveness against other European destinations, increasing the UKs isolation
As vaccination programmes continue to find success against Covid-19, lockdown policies are easing, and hotels are reopening. Here are 7 considerations to take into account when reopening your hotel and budgeting for 2022.
A new landscape – More paperwork around COVID-19 testing, longer queues and increased traveler frustration are just a few of the short to medium term pandemic legacies.
U.S. Highlights – In the U.S., were at demand levels that we havent seen since late summer 2019. At this rate, demand is likely to surpass 2019 peak levels in the next couple of months. This surge is mainly due to the increased vaccination rates and states reopening, along with an uptick in searches for Memorial Day weekend.
Henry Harteveldt, Travel Industry Analyst and President of Atmosphere Research, joins Yahoo Finance Live to discuss the uptick in travel over Memorial Day Weekend and the outlook on the travel industry amid COVID-19 reopening.