Pandemic Pups Lead to Increased Pet Travel in Summer Months
As guests have packed their bags and left home for summer travel following a few years of pandemic-caused pent-up demand, some travelers haven’t shown up in hotel occupancy figures.
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U.S. hotels spin travel demand into gold as airlines struggle
Staff shortages, airport chaos and higher fuel costs have caused earnings at U.S. airlines like JetBlue Airways to land below analysts' expectations while hotel chains including Marriott International are reporting double-digit profit growth.
The five headwinds threatening business travel this autumn
Corporate travel was resurgent heading into the summer 2022 holiday hiatus as companies found themselves released from the shackles of Covid. “From mid-February we saw an exponential growth in demand when the UK border reopened and restrictions fell away,” says Pat McDonagh, CEO of travel management company Clarity. “That was a surprise.”
Business travel recovery stalls after spring performance surge
If you try to book a hotel room or reserve a flight these days, the prices are a clear indicator people are traveling.
IHG's Maalouf Believes Hotel Industry's High Rates Are Sustainable
With work and life patterns changing and the effect that has on travel, IHG Hotels & Resorts’ Elie Maalouf said he believes the hotel industry’s rate recovery is sustainable.
Are hotel room rates too high?
Thanks to surging demand, hotel rates have skyrocketed this summer, with some particularly hot markets, such as Hawaii and Florida, reaching record highs.
Groups Plan Ahead, But Leisure Travelers Book Last-Minute
Guests increasingly are booking hotel rooms closer to the date of their stays, including via walk-ins with no notice, forcing hoteliers to be more flexible and plan ahead to manage last-minute demand.
Hotel CEOs Juggle Staffing Challenges, Sustainability Goals as Operating Model Evolves
The COVID-19 pandemic changed the hotel industry landscape, in some cases permanently, but hotel executives believe that while there are still ongoing challenges, the industry is adapting and on the right path.
Airline stocks tumble as economic concerns overshadow travel surge
Packed planes. Sky-high airfare. An end to Covid testing for international arrivals. So much is going in airlines’ favor these days — except their share prices.
No Hint of Recession Fears on First Day of NYU Hospitality Conference
The U.S. travel landscape is approaching a more level, balanced field than it has in the years since the start of the COVID-19 pandemic, and hoteliers are determined to keep industry performance on a steady track, despite obstacles in the form of inflation and a possible economic recession.
Europe's Hotels Trend Toward Full Recovery, Driven by Leisure Demand
Much like the recovery seen already in the U.S., the rebound of travel in Europe is being led by leisure-driven markets and destinations that have been more eager to relax pandemic-era restrictions.
Hotels Are Trying to Recapture Losses With Skyrocketing Prices Too Bad Service Isn’t Following.
On one day in April 2020, American airports were so empty that the TSA screened around the same number as it might have in the late 1960s—just under 90,000, a figure down 90 percent from the more than 2 million who’d breezed through regularly each day a few months earlier. It’s startling, then, to compare figures now: According to the TSA, commercial airports have gained back more than half of those pre-pandemic fliers, and private-jet flights stateside are up 9.5 percent over last year, per business-aviation analysts at Argus.
Big travel company CEOs hope market, economic turmoil won’t derail a summer season rebound
As economic pundits raise fears about a recession, the most powerful names in travel and hospitality are pushing back, pointing to bookings that illustrate a positive picture of the American consumer.
Business Travel is booming but beware new challenges, warns Advantage boss
Travel demand has “soared” but the industry faces multiple challenges on its recovery journey, warned Julia Lo Bue-Said, CEO of the Advantage Travel Partnership at the organisation’s conference in Madeira.
Why Airbnb Cleaning Fees Cost So Much Now
As the cost of a vacation climbs, some travelers are paying closer attention to a messy line item: cleaning fees at short-term rentals that can add hundreds of dollars to a trip.
Travelers' Accommodation Preferences Shift From Pre-Pandemic Norms
As hotels prepare for the travel industry’s anticipated "summer of all summers," it is important to assess how the pandemic, which has changed many things within society, has impacted our booking preferences for all types of accommodations, including hotels.
US travel costs surge as vacation demand ramps up from pandemic lows
U.S. travel costs are soaring as demand reaches some of its highest points since the global pandemic began, a trend that shows little sign of stopping as summertime travel heats up.
Spain expects Easter bounce to lift tourism to 80% of pre-COVID levels
Spain expects international tourist arrivals to reach 80% of pre-pandemic volumes in the second quarter as northern Europeans shrug off concerns over the Ukraine conflict and return en masse for Easter, a senior tourism official said on Friday.
‘Life is Short’ Mantra Drives U.S. Hotel Prices to Record Highs
American travelers are raring to go, and rising hotel prices aren’t stopping them. For evidence, see what Miami hotels are demanding on the weekend in early May when the Formula 1 racing series comes to town: The 1 South Beach is requiring four-night minimums at just under $4,000 a night, while the Hampton Inn in the city’s Brickell neighborhood is charging more than $400 a night.
Full Video: Accor CEO at Skift Forum Europe 2022
Accor Chairman and CEO Sébastien Bazin did not disappoint on March 24 at Skift Forum Europe 2022 in London, speaking with much candor in a lively conversation with Skift founder and CEO Rafat Ali. You can watch a full video of their discussion above, as well as read a transcript of it, below.