global travel trends
Trip.com Group and WTTC Publish ‘Trending in Travel’ Report Uncovering Current and Upcoming Consumer Trends
Trip.com Group | November 29, 2021
Singapore – November 29, 2021 – Trip.com Group, the leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar, in cooperation with the World Travel & Tourism Council (WTTC) today published their global consumer trends report which observes the global travel and tourism landscape for 2021 as well as forecasts for the short-term and long-term future. The new report titled, “Trending in Travel: Emerging Consumer Trends in Travel & Tourism in 2021 and Beyond”, uncovers the global trends for consumer travel by evaluating the booking data analysis and consumer survey responses acquired by the Group...
2016 Global Hotel Outlook Stable on Favorable Global Travel Trends
Fitch Ratings | December 11, 2015
Fitch Ratings-New York-11 December 2015: The 2016 outlook for the global hotel industry is Stable as favorable travel trends and stable financial policies should allow most issuers to operate within Fitch's rating sensitivities, according to Fitch Ratings. Fitch expects global RevPAR growth will modestly decelerate to a healthy 3% to 5%. "Middle class growth in emerging markets, relaxed barriers to visitation by some important destination countries, and growing consumer preferences for experiential rather than material purchases, means hotel RevPAR growth is here to stay for another year, despite some new and familiar risks to ...