Many in the travel industry have recently made commitments to preserving the environment. For example, India-based ITC Hotels Group hasLEED certifiedeach of its hotels. As of 2023,hotels in the state of Californiawill no longer be allowed to provide single-use toiletries in plastic bottles to t...
As travel demand has returned and shown continued resilience to economic anxiety, the industry’s marketing spend has trended up, and travel providers have ridden a wave of pent-up demand. But as travel growth slows, there will be a greater need for more targeted marketing and for travel ...
In the past 6 months, more travelers are finding AI tools useful for recommendations—especially for dining experiences, accommodations, and activities. This shift is the strongest among travelers in South Korea, with a 6-point growth when comparing Q3 2023 and Q1 2024. The adoption of AI tools...
For Japan, the depreciation of the Japanese Yen is also a motivating factor for respondents to travel to the country with its anime culture. On the other hand, South Korea’s burgeoning Korean entertainment industry is a contributing factor, as respondents have indicated attending “concerts by BT...
Below is a complete list of all the travel news archives pages available for news we featured between January 2021 and June 2024. Do also check out the Travel Industry News Archives from Before 2021 and also the Latest Travel News. Have questions regardi
China is gearing up for a substantial surge in travel and tourism as the bustling summer vacation season kicks off, with analysts expecting the rapidly warming domestic market to further boost economic recovery. TRAVEL BOOM The travel industry has made extensive preparations for the summer rush as ...
As the travel industry takes flight into growth mode, travel ad spending is expected to climb 36% in 2022 after kicking up 24% in 2021. Projections show that ad spend will exceed 2019 levels by 2023. As excitement and pent up demand for travel explodes next year, marketers must be prepare...
The world economy confounded most forecasters in 2023. Growth exceeded expectations, despite high inflation and monetary policy responses. Future growth isn’t as certain. Even if the economy continues to defy concerns, specific risks could undermine progress. ...
Pent-up demand continues, with travellers from Asia-Pacific expected to drive bookings in 2023 With an uncertain economy providing some cross-market turbulence, mainland China’s reopening is expected to bolster growth globally with concentrated impact in Asia-Pacific, according to Mastercard Eco...
Travel and Tourism Market (Type: Leisure, Educational, Business, Sports, Medical Tourism, and Others; and Application: Domestic and International) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031Report Preview Table of Content Request Brochure Global Travel and ...