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Market Trends

1033 posts

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Chinese outbound travel recovery lags due to costs

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  • 17 June 2024
Recovery is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations Jun 17, 2024 The delayed return of China’s outbound travelers to…
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Sabre reveals key insights into Chinese outbound travel in 2024

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  • 11 June 2024
In its latest report, “China Unleashed,” Sabre takes a deep dive into the latest travel trends and bookings from mainland China Jun 11, 2024 The travel industry was in a…
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The future of travel, according to McKinsey

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  • 10 June 2024
The industry is set to make a full recovery by the end of 2024, after losing 75 percent of its value in 2020. Here’s what you should know about the…
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Marriott shares hospitality outlook

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  • 6 June 2024
While the hotel industry faced challenges in the first quarter, Marriott remains optimistic about its performance through 2024 Jun 6, 2024 Leeny Oberg, Marriott International’s CFO and EVP of Development,…
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Hoteliers turn Q1 disappointment into optimism for the year ahead

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  • 5 June 2024
The mood among hoteliers at the NYU International Hospitality Industry Investment Conference was upbeat, but realistic about the current situation Jun 5, 2024 The hotel industry faced unexpected challenges in…
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STR lowers U.S. hotel forecast for 2024/25

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  • 4 June 2024
Increased cost of living is impacting lower to middle income households and their ability to travel, reducing demand for lower priced hotels Jun 4, 2024 STR and Tourism Economics significantly…
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Spain’s hotel sector surges ahead in 2024

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  • 4 June 2024
The resurgence of Spain’s tourism industry is a story of remarkable recovery and resilience Jun 4, 2024 The Spanish hotel industry is poised to continue its remarkable recovery, building on…
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Six trends shaping new business models in hospitality

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  • 4 June 2024
Tourism and hospitality companies have changed over the past decade. McKinsey takes a look at trends in accommodations and experiences Jun 4, 2024 As destinations and source markets have changed,…
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Chinese tourist spend again

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  • 3 June 2024
Chinese holidaymakers will spend $250 billion on international travel this year – about 10% more than in 2019, according to WTTC data Jun 3, 2024 Chinese tourists are making up…
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Tourists go home

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  • 3 June 2024
Why is there suddenly such a strong sense of grievance in places where large numbers of tourists have been the norm for decades? Jun 3, 2024 The answer, it seems,…
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