WTM: Chinese tourism has yet to recover from the pandemic - But growth will return and by 2033 Chinese outbound by value could be “double the size” of the United States, according to new research released by WTM.
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WTM: 'Affordable luxury’ more popular amid promising market sentiment - New WTM research revealed that consumers generally remain determined to go on holiday and plenty are still prioritizing upmarket options.
Nov 7, 2023 • Travel
WTM: Leisure travel is more important than ever for consumers - New WTM report reveals that the number of leisure trips taken in 2023 will be just 10% lower than during the prior peak in 2019.
Nov 7, 2023 • Travel
EU pressures airlines over soaring fares - Transport commissioner says Brussels needs ‘detailed explanation’ after ticket prices rose 30% over summer.
Nov 6, 2023 • Travel
Deloitte: We need a cautious approach to AI - The sudden accessibility of generative AI has produced huge excitement but also concern, not only in travel.
Nov 6, 2023 • Travel
Taylor Swift is swiftly transforming the world of travel - Sold-out ‘The Eras Tour’ is set to boost economies the world over, and has everyone from Prime Ministers and Presidents to airlines and tourism boards turning into Swifties.
Nov 6, 2023 • Travel
Hyatt Q3 corporate demand up as transient, group lines blur - The company's business mix now features a continued blurring of the line between what means group and what means business transient.
Nov 3, 2023 • Travel
McKinsey on what AI means for travel - The travel industry is unquestionably going to be significantly disrupted by AI, according to a new report by McKinsey.
Nov 3, 2023 • Travel
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