Work is due to start on the world's first 'space hotel' in low Earth orbit in 2025 - and it will come equipped with restaurants, a cinema, spa and rooms for 400 people.
Cybersecurity or info safety is just not the factor loads of travellers take into consideration. You're about to depart on a well-deserved vacation, and the very last thing you need is much more troubles to consider.
Pity the travel influencer (or don't; it's easy not to). Before COVID-19, the art of stoking wanderlust was defined by selling a fantasy—the promise not only of a perfect vacation, but of a self somehow fortified and made special by going to the same bleached beaches and blue-domed Greek villages as everyone else.
Over the past year, the world has seen a lot of changes due to the coronavirus. One of the biggest industries hit has been the travel industry. Travel was restricted in practically every country, impacting both personal and business travel.
This year's hospitality & leisure management ranking sees a new entrant in the top 10, as Hotelschool The Hague becomes the highest-ranked university from the Netherlands. It isn't the top university in Europe however, as Swiss institutions continue to dominate, with three of the top four schools for hospitality-based there.
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
The combined marketing muscle of Expedia Group and Booking Holdings fell to its lowest level in years during a pandemic-slammed 2020.
The travel industry dealt with its biggest challenge in generations in 2020, as Covid-19 kept people around the world locked down for much of the year. Revenue at Booking Holdings, the dominant owner of online travel agencies, fell 55% from 2019.
International business travel is not expected to remain permanently depressed, though it will likely recover from the coronavirus pandemic at a slower rate than leisure travel, United Airlines Chief Executive Scott Kirby said on Monday during CERAWeek by IHS Markit.
Home sharing and Airbnb listings might have fared at least marginally better than the broader hotel industry during the COVID-19 pandemic, but some boutique hoteliers who list on Airbnb said bookings on that and other third-party distribution channels have also taken a significant hit.
As more companies switch to remote work as a result of the pandemic, InterContinental Hotels Group believes the shift could be great for business travel's recovery.