Asia and Europe propelled luxury travel in 2023 - Global luxury tourist purchases have nearly returned to prepandemic levels, but upside potential remains, according to a new report by Bain & Company.
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MMGY Global 2024 industry outlook - Given air travel has now surpassed 2019 levels, travelers are prioritizing their moment(s) of bliss – whatever those unique experiences might be.
Feb 1, 2024 • Travel
Travel industry waking up to risk of tourists seeking cool summers - Cooler destinations such as Iceland and Denmark appeared among the UN’s top 10 best-performing European destinations in 2023.
Jan 29, 2024 • Travel
Indigenous tourism goes deeper than 'dinner and a show' - Around the globe, travelers are looking to get beyond superficial interactions with Native cultures for more in-depth experiences.
Jan 17, 2024 • Travel
Seamless experiences top of mind for luxury travelers - A new survey of luxury consumers finds that 68% of respondents are willing to pay more for perks that allow them to skip lines and avoid crowds.
Jan 9, 2024 • Travel
Are hobbi-days the next big travel trend? - The movement towards the hobbi-day is set to take off in 2024 as we seek to recapture the joy of actively doing something as a new form of wellness.
Jan 9, 2024 • Travel
One-third of travel revenue could come from AI in 2024 - AI-influenced revenue in the travel industry has risen from 9% in 2018 to 21% in 2021. In 2024, this number is expected to rise to 32%.
Jan 9, 2024 • Travel
Global consumer trends and travel - In an uncertain world, companies across all industries including travel have tried to determine which post-pandemic behaviors might be short-lived and which ones might stick.
Jan 9, 2024 • Travel
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