Burnout, purpose and wellness are top of mind after a tumultuous year
Streak of Year-Over-Year Growth Extends to 15th Consecutive Month
The 23 U.S. scheduled passenger airlines employed 2.1% more full-time equivalents (FTEs) in July 2021 than in June 2021
While uncertainty continues to dominate headlines, there is a new constant that remains chronically underreported. Booked travel. In fact, its now been four consecutive months that hotel bookings globally have remained over 60% of 2019 levels. As I write this, theyre sitting at 70% their highest point since the pandemic began. Lets examine why.
Australian accommodation declines for the 2020-21 financial year were worse for capital markets than regional areas, according to STRs collection of national accommodation statistics through the Australian Accommodation Monitor.
As the summer leisure travel surge subsided, the U.S. hotel industry reported performance declines from the month prior, according to August 2021 data from STR.
Majority of Americans no longer wait for Black Friday or Cyber Monday to start shopping; Over half agree they feel pressured to overspend during the holidays
U.S. airlines carried 61.4 million systemwide (domestic and international) scheduled service passengers in June 2021, seasonally adjusted, according to the Bureau of Transportation Statistics (BTS). The airlines carried 10.9% more passengers, seasonally adjusted, in June of this year than in May and 302% more than in June 2020, but 20% fewer than in pre-pandemic June 2019.
Occupancy for the week ending 11 September 2021 was 60.0%, somewhat better than expected and boosted upward by Labor Day Sunday. Weekday demand was again augmented by the ongoing recovery efforts in Louisiana and surrounding markets due to the lingering impact from Hurricane Ida, but to a lesser extent than in the previous week.
Restaurant sales growth stalled in August, as many consumers changed their behavior due to the delta variant.