Travel Tips, Guides, News & Inspiration
Please send us your custom research project details using the custom market research form. Below mentioned is the list of reports available for on Travel & Leisure industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. International tourism flows are expected to reach 1.5 billion by 2020 and revenue estimated to cross $2000 billion according to The World Travel and Tourism Council. Today, only 3.5 per cent of the world population travels internationally but the number of Asian, particularly Chinese, tourists is predicted to grow enormously as the region becomes more integrated with global economy.
- At Travel + Leisure, we’re vocal advocates of ditching Thanksgiving and using your time off to travel the world.
- There was an initial surge along with valuations last summer, but this quickly fell afterwards, although a holding pattern has emerged between $40 and $60 per share.
- To tackle some issues, the company is shifting business strategies, opting to go with the popular subscription model.
- Its remote mountain setting allows guests to explore the ancient civilization of the Maya and to return to their own thatched roof dwelling, rich with Guatemalan décor and nestled in the foliage of the Mountain Pine Ridge Reserve.
Skift underscored the company’s persistent efforts to reach younger travelers and refashion the perception of timeshares. There’s also a precedent for hospitality brands using magazines to reach new audiences, and leveraging a trusted media name. In 2017, suitcase brand Away launched its own print and digital travel magazine, Here.
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.
It is not just the airlines, hotels and car-hire companies that are affected by border closures and unfavourable market conditions. There are a lot of businesses relying on the same consumers, and their need for investment support is often overlooked. If you have a stake in this interconnected industry, consider the value-preservation levers shown below, which could help your company survive and recover. Proven operational performance by talented resources, guided by a global management team with deep knowledge of the international and domestic travel and leisure industry.
Swift price increases are causing a reckoning in the fast-food industry, where low prices are no longer a given. Stay on top of the latest leadership news with This Week in Leadership—delivered weekly and straight into your inbox. Contact us and see how our industry expertise can help you achieve your business goals. Better talent acquisition and management decisions, so you can figure out how to develop, redeploy and recruit and optimize your people resources. And when employees have their pick of jobs, it can be difficult to convince them to join an industry that’s struggled over the last few years. As the economy emerges from the height of the COVID-19 pandemic, many companies are struggling to bring shift workers back to work.
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. The Group has signed a shareholder agreement with the Barceló Hotel Group to develop three hotel complexes in North Male’ Atoll, Maldives, which consists of 470 keys. The total value of the development is estimated at USD 150 Mn, with Barceló investing USD 30 Mn for a stake of 33.33% shares of Bodufaru Beach Resorts Ltd. Apart from the shareholder agreement, Barceló Hotel Group entered into a management agreement to manage 5 leisure properties in Sri Lanka and Maldives.
– Smart mobility: projects that improve travel quality and build alternative routes to reduce environmental or economic costs.
More than ever, the travel industry needs to answer new consumer expectations and concerns. Ranked 4th on this list, The Ritz-Carlton in Bali offers something completely different from Capella Ubud. Situated on the southeastern tip of the Nusa Dua region, The Ritz-Carlton is a beachfront resort that blends a modern tropical look with Balinese architectural designs. It’s perfect for a family holiday because it provides a range of family-friendly facilities such as a kids’ club, spas, swimming pools, and five-star restaurants.
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.
Workplaces that permit bleisure travel allow employees to extend their business trips and spend time vacationing and sightseeing at their destination. Related to both No. 2 and No. 3 on this list, Travel Managers may find themselves approving more expensive flights because their business Travelers have less flexibility than those traveling for leisure. But, because of No. 1 on this list, it’s OK to pay a little bit more. For the right return on investment, a business doesn’t have to agonize over saving a few bucks on a flight or a hotel. Travel operators are preparing for a busy summer, fuelled by an accumulation of demand from leisure customers and business travellers.
You will continue to enjoy your beautiful timeshare properties and exceptional benefits. This news does not impact any current contracts, and we do not anticipate any changes to our services. You may continue to leverage the award-winning Wyndham Rewards program, just as you always have. As the world’s largest vacation ownership company, Wyndham Destinations offers more than 245 vacation club resorts across the globe, giving travelers the ability to see the world year after year.