Slowdown in U.S. consumer spending weighs on travel and leisure groups - Earnings reports this week showed more signs of belt-tightening among American households.
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Hyatt Q2 driven by strong business travel bookings - Hyatt Hotels has been buoyed by "strong performance" in business and group travel in the second quarter of 2024.
Aug 7, 2024 • Travel
What's happening with the economy? How will it affect the travel industry? - Unemployment is still at historically low levels, and financial markets have sold off only a few days after strong gains. But sentiment has changed.
Aug 6, 2024 • Travel
Worst season ever - July and August are usually high season in Santorini, but this year the town centers are quiet after 9 p.m. and restaurants and hotels are nowhere near capacity.
Aug 5, 2024 • Travel
Chinese women lead the future of luxury travel - A new report reveals how Chinese women are changing the way they view travel and redefining luxury travel.
Aug 5, 2024 • Travel
Indian outbound tourism to grow by over 11% - International travel has been made easier by the steady growth of affordable technology, according to a new report.
Aug 5, 2024 • Travel
US hotel performance begins subtle descent - The week of July 21-27 marks an important shift in summer, with U.S. hotel occupancy declining after last week's peak, a steeper decline than last year and 2019.
Aug 5, 2024 • Travel
Americans’ travel bug for Europe is too much of a good thing - The tourism-related trade gap shows the present strength of the U.S. economy, but is also a long-term vulnerability.
Aug 2, 2024 • Travel
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