Cruise Tourism Generates $98.5 Billion in Global GDP, WTTC Report Shows
According to a recent report by the World Travel & Tourism Council (WTTC), the cruise tourism sector has injected a substantial $98.5 billion into the global GDP.
the source for hotel and hospitality trends
According to a recent report by the World Travel & Tourism Council (WTTC), the cruise tourism sector has injected a substantial $98.5 billion into the global GDP.
Projections indicate a substantial increase in leisure travel spending in the United States, with an expected average of $5,704 per household by 2026, marking a historic high.
Kaitlyn Hennessy highlights the robust expansion of Raleigh’s hospitality industry, attributing the surge to a range of drivers, including demographic shifts, economic development, and an influx of tourists.
U.S. hotel occupancy and revenue fell for the week ending April 4, 2026, with most major markets reporting declines compared to the previous year.
The Hotel Valuation Index analyses economic and hotel-market-specific demand and supply dynamics to derive indicative values and future growth trends for the selected 18 hotel markets across 10 countries in the Asia Pacific region.
Dr. Clay B. Dickinson explores how the changing political landscape in Venezuela could impact the country’s lodging industry, highlighting potential risks and opportunities.
Despite a decrease in international visitors, the Irish hotel industry continues to demonstrate stability, maintaining steady performance amidst global tourism uncertainties.
Despite heightened recession fears and new travel concerns, American travelers are maintaining record-high travel budgets, booking summer trips early, and increasingly using AI and loyalty programs to maximize value.
Jerod S. Byrd provides an in-depth analysis of the current state and future prospects of Philadelphia’s lodging market in the aftermath of the global pandemic.
Global Asset Solutions has launched a series focusing on crisis management in the Middle East, aiming to equip the hospitality industry with strategies to navigate potential challenges and disruptions.