Travel Industry News - Trends

Pent-up Demand Also Leads to Lower Look-to-Books as Consumers Return to Booking - More

Where is the travel sector headed? Which areas of distribution are going to see maximum growth? How is the whole travel planning, booking and in-destination process changing for the travellers? What is the role of technology and gadgets for additional sales channels and driving customer loyalty in the time to come? - More

International tourist arrivals are estimated to have grown by 7% in the first half of 2010. While growth was modest in April as a consequence of the closure of European airspace following the eruption of a volcano in Iceland, results were strong in May (+10%) and June (+8%). Data available for July indicates that growth is set to continue at a s... - More

After seeing signs of improvement in the travel industry at the start of the year, conditions are beginning to get a bit murky. It's too soon to tell whether the weakening demand was the result of travelers opting to take advantage of a stronger U.S. dollar and travel to Europe, or if it is a reflection of a more cautious consumer. - More

Gulf Coast Tourism Declines Sharply from May to June Following Oil Spill - More

Yet, SnagAJob.com survey finds one-third say the ‘worst is yet to come’ in U.S. economy - More

A new travel survey finds that 90% of British holidaymakers have become more wary of booking a holiday with a less-known travel firm following the recent collapse of smaller travel companies, Kiss Travel, Sun4U and Goldtrail. - More

TripAdvisor Survey Reveals 86 Percent of Travelers Planning Fall Getaways in 2010; 73 Percent Took Trips Last Fall; 28 Percent Traveling for Labor Day; Fewer Driving than One Year Ago - More

ith demand leading the recovery, especially in the high end of the market, real growth is on the way. But despite rising occupancies, cautious hoteliers are keeping rates down; providing guests with exceptional values. Rising guest perceptions of value (+0.5 to 83.6) helped improve satisfaction scores among Casinos (+0.7 to 82.8), Upscale Casino... - More

CWT anticipates a number of suppliers will successfully implement price increases next year, indicating overall increases in business travel demand as economic conditions in North America continue to improve. - More