McKinsey identifies three major themes that will shape tourism in 2024 - Global travel is back and booming. More regional travel, new emerging travelers and a fresh set of destinations are driving steady spending.
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Rapid transition to online bookings in the coming years - The global travel market is forecasted to grow 6-10% annually through 2026, with online bookings expected to reach 65% of all travel by 2026.
Sep 23, 2024 • Travel
Global business travel costs moderating in 2024 - Latest research from CWT and GBTA reveals that while costs will continue to rise, the pace of these increases will be notably slower through 2024 and into 2025.
Sep 23, 2024 • Travel
Top travel trends according to advisors - Travel trends for this year and next indicate that consumers are increasingly looking for more authentic and immersive experiences in their destinations.
Sep 19, 2024 • Travel
The rise of tourist taxes - From hotel stays to museum visits to national park admissions, paying extra for the privilege of being a tourist is becoming increasingly common.
Sep 16, 2024 • Travel
Google and Sabre say AI will be a travel necessity - Travel planning applications powered by generative AI will become the norm in the coming years, Google and Sabre executives predicted.
Sep 13, 2024 • Travel
Rise of the Indian tourist - As India's market expands and China faces challenges in reviving outbound tourism, India is capturing a portion of the market that was previously dominated by Chinese travelers.
Sep 13, 2024 • Travel
New Google Wallet features for travelers - The company is beta testing a new digital ID in Google Wallet that will now allow users to store a U.S. passport.
Sep 13, 2024 • Travel
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