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 […]