30/05/2024

Entertain­ment & Media

Understanding the difference between business and leisure travellers

This is largely credited to a rise in global wealth, liberalization of international airspace, cheaper flights and the use of the Internet as a travel tool. To create the ultimate experience, it is critical for operators to ensure the safety of equipment and assets, enhance effectiveness of visitor management and optimise visitor experience at all touch points. Stay up to date on the latest innovations, trends, and solutions by joining other passenger travel and leisure stakeholders. Learn and share insights through blogs, discussions, and events – and find out how SAP can help your passenger travel and leisure business run better. TRAVEL + LEISURE inspires and empowers the world’s most curious and passionate travelers to travel more–and travel better. We help elevate reader’s experiences through content and tools that aid in the entire journey, from dreaming to planning to booking to traveling.

Travel industry leaders, learn how to understand the feelings behind customer behaviors and how to rebuild consumer trust amid COVID-19. Fewer Americans traveled by air in 2021 than before the pandemic, and those who traveled averaged fewer trips. The decline in air travel since 2015 was only among employed adults; there was no change among nonemployed adults. Learning Discover courses and other experiences that bring out what’s best in you, the people around you and your entire organization. There are also several new regional hotel lists this year, such as Top Hotels in cities including Boston, Austin, Copenhagen, and Madrid, among others, as well as Top Resort Hotels in Montana and more. The World’s Best Hotel is Rosewood Castiglion del Bosco in Montalcino, Italy.

  • Business Travelers often need to visit specific destinations at specific times.
  • Negotiating contracts, hosting events, implementing new revenue streams and building strong and long-lasting relationships with clients have been the hallmarks of my career.
  • Quarterly data on travel to and from the UK, taken from the International Passenger Survey .

Wyndham Destinations, which operates hundreds of timeshare resorts, acquired Travel + Leisure magazine from media company Meredith Corp. for $100 million, The Wall Street Journal reported last night. Collectively, the company — which will change its name to Travel + Leisure Co. early this year — will now have resort, lifestyle and travel club brands. Meredith will continue to publish the magazine under a 30-year licensing agreement.

Then, the top-tier of earners or retirees with extra income will be the main purchasers of timeshare club memberships. This positive feedback loop allows for the synergies between units that I discussed earlier. Although, one must be considerate of excess spending on the tech platforms, and one consolidated site or membership may be better. WH) spin-off Wyndham Destinations, which are primarily timeshare resort operations, but Wyndham took the famous magazine’s name. The goal of the acquisition and rebranding under the T+L banner was for multiple reasons.

Offering more authentic and engaging travel experiences

There are only 22 guest rooms , each with a porch looking out on the water. The wide stretch of beach, usually empty, invites you to sit outside in a low-slung chair with a bottle of beer and a spy novel, leaving you feeling like the island belongs entirely to you. Steps away from the sea and the world’s second-largest barrier reef, Matachica’s serene and technology-free property allows guests to disconnect in order to reconnect. The beachfront casitas, relaxed atmosphere, elegant design, and adults-only property merge to create a truly authentic, restorative getaway. Relax in the 70-foot infinity pool, indulge in a soothing massage by the beach, or paddle a kayak over the island’s crystal clear waters. After a day of island adventure, unwind in the luxurious suites and sea houses.

Meanwhile, booking platforms such as Booking.com and Airbnb hold far higher valuations, even as their own growth rates falter. In this current market era, profitable, stable growth will hold a higher valuation, and this favors T+L as tourism returns in time. Of course, all of these names offer slightly different exposure to the market, and must also be assessed for their own merits.