10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Forrester: Global travel spending ready for take-off

  • Automatic
  • 28 August 2024
  • 1 minute read
Total
0
Shares
0
0
0

This article was written by Hospitality Today. Click here to read the original article

Global travel spending will recover to pre-pandemic levels by the end of 2024, driven by strong demand in North America, Europe and Asia-Pacific

Aug 28, 2024

Travel spending is on track to fully recover to pre-pandemic levels by the end of 2024, surpassing US$2 trillion, according to Forrester’s Global Travel Market Forecast, 2024 To 2028

Key takeaways

  • OTAs gain market share with the leading seven OTAs accounted for nearly 46% of global online travel spending in 2023, up from 40% in 2022.
  • Among the 14 travel markets we examined, China and Japan are among those who have yet to fully recover to pre-pandemic levels.
  • The travel market will grow faster than the global economy with the global travel market will see 6.0% CAGR between 2024 and 2028.

Get the full story at FutureCFO and purchase the report at Forrester

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Market Trends

Canada hotels report highest performance growth of 2025

  • Automatic
  • 27 June 2025
View Post
  • Market Trends

Hotel activity: Paris saves the day, but for how long?

  • Automatic
  • 27 June 2025
View Post
  • Market Trends

Marketing That Moves: Why Storytelling is Hospitality’s Hidden Revenue Engine

  • Automatic
  • 27 June 2025
View Post
  • Market Trends

The Sustainable Restaurant Association Panel Discussion: Small Changes, Big Impact: Driving Sustainability Through Hospitality

  • YiTyng.Sin@informa.com
  • 26 June 2025
View Post
  • Market Trends

Unpacking the $15 trillion opportunity in leisure travel

  • Automatic
  • 26 June 2025
View Post
  • Market Trends

May 2025: the French hotel industry continues to face headwinds

  • m.welsch
  • 25 June 2025
View Post
  • Market Trends

How corporate hotel programs are adapting to a new era

  • Automatic
  • 25 June 2025
View Post
  • Market Trends

U.S. hotel occupancy declines for third month

  • Automatic
  • 25 June 2025
Sponsored Posts
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
  • Day & Night: The Bold Rebranding Powering Shiji’s Presence in Global Hospitality Tech

    View Post
Last Posts
  • Middleware software isn’t the sexiest tech, but it plays a pivotal role: bridging gaps between product services that allows hotels to run effectively.
    • 28 June 2025
  • New on the Menu: The latest from José Andrés and a wagyu beef kebab
    • 27 June 2025
  • Why Hotels Must Rethink Their Search and Digital Strategy
    • 27 June 2025
  • Revenue Analytics Acquires Climber
    • 27 June 2025
  • 168-Key Hotel Bourré Bonne Opens in Louisville
    • 27 June 2025
Sponsors
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
  • Day & Night: The Bold Rebranding Powering Shiji’s Presence in Global Hospitality Tech
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.