the source for hotel and hospitality trends
After seeing signs of improvement in the travel industry at the start of the year, conditions are beginning to get a bit murky. It’s too soon to tell whether the weakening demand was the result of travelers opting to take advantage of a stronger U.S. dollar and travel to Europe, or if it is a reflection of a more cautious consumer.
After seeing signs of improvement in the travel industry at the start of the year, conditions are beginning to get a bit murky. It’s too soon to tell whether the weakening demand was the result of travelers opting to take advantage of a stronger U.S. dollar and travel to Europe, or if it is a reflection of a more cautious consumer.
Gulf Coast Tourism Declines Sharply from May to June Following Oil Spill
More than 52 percent of suppliers expected to see travel volume increases and for the 59 percent of buyers with positive projections, 66 percent identified travel for sales or for new business development opportunities as the top area of growth.
A new travel survey finds that 90% of British holidaymakers have become more wary of booking a holiday with a less-known travel firm following the recent collapse of smaller travel companies, Kiss Travel, Sun4U and Goldtrail.
TripAdvisor Survey Reveals 86 Percent of Travelers Planning Fall Getaways in 2010; 73 Percent Took Trips Last Fall; 28 Percent Traveling for Labor Day; Fewer Driving than One Year Ago
Labor Day travel expected to recover from last year’s declines, all modes of transportation experience increases
The International Air Transport Association (IATA) announced international scheduled traffic statistics for July which showed continued strengthening of demand for both passenger and cargo traffic. Compared to July 2009, international passenger demand was up 9.2% while international scheduled freight traffic showed a 22.7% improvement.
The International Air Transport Association (IATA) announced international scheduled traffic statistics for July which showed continued strengthening of demand for both passenger and cargo traffic. Compared to July 2009, international passenger demand was up 9.2% while international scheduled freight traffic showed a 22.7% improvement.
CWT anticipates a number of suppliers will successfully implement price increases next year, indicating overall increases in business travel demand as economic conditions in North America continue to improve.