Global GDP impact predicted to exceed $11 trillion in 2024 - Unprecedented job numbers expected in the sector
Three-Quarters of Americans Plan to Take a Trip in the Next Year
Overall travel demand sees usual seasonal pickup in February, rising above prior month January but falling short of February 2023 levels.
Improved air connectivity and seat capacity are helping to make travel easier, both regionally and internationally, as airlines respond to traveller demand. Plus, interest in Asia-Pacific destinations is continuing to accelerate from its popularity surge last year.
BCD Travel releases 2023 Cities & Trends Report
The report reveals that Canadians rank as the second highest global market for anticipated average trip spend and are prioritizing spontaneous, bucket list, and once in a lifetime vacations.
American Express Releases 2024 Global Travel Trends Report
Pollution, overtourism, and local residents displaced by tourists. These are just some of the concerns that have plagued destinations such as Venice, Barcelona, and Hat Maya, the bay made famous by the film, The Beach, in Thailand. But it doesn't have to be this way.
While travel is key for all age groups, the data also reveals that future generations of travelers will have new values that dictate where and how they travel.
A new report by SiteMinder shows the global hotel industry has been primed for a new era of travel after rises in international hotel arrivals in 2023 triggered a wave of changes in travel behaviour.