travel rebound
U.S. Leads Global Travel & Tourism Rebound Says WTTC
The World Travel & Tourism Council | August 22, 2023
Strong outbound growth from US Travellers US Domestic Travel & Tourism market demonstrates its resilience Millions more American jobs since 2021 Las Vegas, USA: The World Travel & Tourism Council (WTTC), together with WTTC members ForwardKeys and Mabrian Technologies, today unveiled new insights into the strong expansion of the U.S. Travel & Tourism sector. According to WTTC’s Travel & Tourism Economic Impact 2023 Global Trends Report, the GDP contribution of the U.S. Travel & Tourism sector grew by 16.9% in 2022, to reach $2TN. Additionally, the sector also created 2.7MN more jobs compared to 2021. In 2023, ...
Open Letter to the Hospitality and Travel Industry
Ryan Hamilton | September 7, 2022
It’s time to come together as part of the solution, not part of the problem, and change the world we serve for the better By Ryan Hamilton Earlier this week, as I was scanning my news feed for updates of relevance, I came across a headline that quickly captured my attention: What Native Hawaiians want you to know before your visit. As someone who spent much of his childhood in Hawai’i, any mention of the island conjures an inevitable wave of nostalgia and appreciation. In this particular context, though, that nostalgia was mixed with resonance, as the author called upon an issue I was aware of, but hadn’t found a way to articula...
Tourism Industry Recovery in Europe Slows as Airlines Fail to Adequately Prepare for Travel Rebound, Says GlobalData
GlobalData | July 12, 2022
International travel from Europe was set to make a promising start to recovery in 2022. However, chaos at many European airports is likely to hinder growth as queues and cancellations are quickly becoming air travel norms, says GlobalData. The leading data and analytics company notes that airlines failing to adequately prepare for travel’s great comeback has resulted in staff shortages. Hannah Free, Travel and Tourism Analyst at GlobalData, comments: “International departures from European countries are expected to reach 69% of 2019 figures in 2022, according to GlobalData forecasts. While destinations are eager to welcome visitors, s...
Is Your Hotel Ready for the Travel Rebound?
Cicero Construction Group | April 27, 2022
PLAINFIELD, IL, APRIL 27, 2022 — For the hotel industry, the last two years has been a rollercoaster. Dragged down initially by COVID-19 lockdowns, hoteliers are now finding their business on an upswing with bookings exceeding pre-pandemic levels. Even group business travel is showing promising first signs of returning on the books. Thanks to ongoing widespread vaccinations and the power of pent-up demand, this momentum will likely continue throughout the year with travelers willing to pay pre-pandemic or higher rates. To help hoteliers "get heads in beds" and drive RevPAR, Cicero Construction Group, a general contractor specializing ...
