Our 2024 travel outlook takes a closer look at five trends expected to shape the industry this year: Suppliers find ways to touch up the travel experience. High interest rates and elevated costs of some goods can make it difficult to update, let alone upgrade, hotels. And some of airlines’...
As we settle into a new year, I always enjoy the exercise of reflecting on the year behind us and evaluating (with a healthy dose of optimism) what lies ahead. Inside our business, we’re squarely positioned at the crossroads of the travel and tourism industry, where macroeconomic factors, ...
November 30, 2023 The BCD Travel Research and Intelligence team has published its 2024 outlook for economic prospects, key risks, projected prices for air, hotel, and car rental, sustainable travel trends, and more. Some highlights that corporate travel programs need to consider: How climate chang...
Airlines Skift Research Global Travel Outlook 2024 January 2024 Ashab Rizvi, Pranavi Agarwal, Saniya Zanpure, Seth Borko, and Varsha Arora Subscribe Skift Take 2024 will be the year that the travel industry fully transitions from catch-up to true growth above pre-pandemic levels. Without ...
Generative AI platforms (ChatGPT, Perplexity etc.) could see real world impacts on the travel industry in the very near future. In fact, Skiftrecently asked 17 executivesfrom the travel industry about their outlook on AI. These executives largely saw tremendous promise in adopting AI and machine...
2024 Travel Outlook We're expecting the cost of domestic airfare to remain below 2023 and pre pandemic levels for the next 6 months. Fares will rise 3% into December as travelers book last minute holiday trips before dropping 11% in January. January will be the cheapest month of the year ...
more Travel industry news from before July 2024 Subscribe to our Travel Industry News RSS Feed . To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click...
What lies ahead for business travel in 2024? Find out with the 2024 Outlook edition of BCD Travel’s Market Report. In this edition, BCD’s Research & Intelligence team will bring you: A review of the world economy in 2024 A focus on key travel risks A look at the current and future...
Learn more 2024 travel industry outlook Bolstering these more ambitious plans is an optimistic financial outlook: Nearly half (46%) of Americans say their finances improved over the past year, up from 31% in 2023. An elevated prioritization of travel also appears to be at play: Among America...
NYC Travel Trend Outlook 2020-2024 [Source: NYC & Company/Tourism Economics as of 11/16/20 updated] The New York City travel industry began 2020 in good position for another record year, with very strong performance in January, February and early March. The public health and safety ...