Articles by tag: Leisure Travel
Business Travel News recently reported on PwC’s Hospitality Directions report, indicating a reduced 2023 travel forecast. PwC largely sites economic uncertainty for the revised projections, arguing that strengthening economic headwinds will translate to consumers opting to save travel funds that they might otherwise invest in hotels for vacations in late Q4 and Q1’23. That…
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Hospitality
Despite Strong Employment Month, the Hospitality Sector Still Has Work to Do
3 Key Points: When pandemic started hospitality sector cut jobs, now demand is increasing and businesses aren’t able to hire as quickly to meet demand. Hospitality sector needs to look within and reexamine how they can make a better workplace Employers need to find ways to make work-life balance better to help keep employees…
Hospitality
What Is In Store for the Travel World This Fall?
Key Points: Despite the reopening of borders, the focus will still be on domestic travel. A big factor of the rebound in the travel industry was due to leisure travel but due to schools being open and employees returning to the office, leisure travel numbers are decreasing. Road trips are remaining popular despite the airline…
Hospitality
Cruise Industry to Set Sail In 2021, As CDC Signals Reopening At Sea
Since the onset of COVID, the cruise industry has been one of the hospitality & tourism sectors hit the hardest, struggling to adapt to CDC guidelines, protect its workers & travelers, and survive without mass hemorrhaging. This hit bore out in the numbers; in late 2020, a CLIA report estimated that pausing cruise operations caused…
Hospitality
People Don’t Miss Business Travel, says Airbnb CEO
Airbnb’s quarterly revenue blitzed analysts’ estimates, but it declined to give a financial forecast and is cautious about 20-21. CEO Brian Chesky tells Bloomberg Technology’s Emily Chang that indications are pointing to a big rebound in travel and the company is preparing for it. — Transcript: Chesky: Our model is inherently adaptable, so however…
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Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…