Early evidence shows that despite the delta variant and still-high cases of infection in the U.S., Americans are planning to continue to travel from now to the end of the year.
With travel demand expected to return slowly, TUI is turning to alternative markets such as the growing trend for a combined travel and remote working experience as it launches a new workation package in a bid to become a leading provider of this new travel service, says GlobalData.
Mastercard Economics Institute: U.K., U.S. and Australia Lead in New Small Business Formation, Which Grew 32% Year-over-year Glo…
In a slower than expected recovery GDP contribution will only increase by less than one third – Nearly 19 million Travel & Tourism jobs in the balance in 2021 – With the right measures, governments could see jobs surpass 2019 levels by 2022
GlobalData notes that the number of people travelling out of the UK to visit friends and relatives (VFR) is set to rise from 10.6 million in 2021 to 20.5 million by 2024 thats an impressive 24.8% CAGR. This is only good news for US tourism, which will benefit from an influx of UK tourists.
Weekly Hotel Industry News Roundup from Asia Pacific from HVS
White Lodging and Purdue University enhance relationship, honor J.W. 'Bill' Marriott, Jr.
Delta Variant, Supply Chain Woes, Consumer Spending Are Worries
Next Six Months Will Still Be a Challenge
Are policy rules linked to changes in client spending? – Are policy rules impacting traveller comfort? – Are policy rules affecting traveller convenience?