Travel Industry Trends

IATA forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 continue reading →

U.S. Airlines Prepare to Accommodate Nearly 46 Million Passengers over the 18-Day Holiday Travel Period continue reading →

After-tax net income $3.8 billion in 3Q 2018 (22nd consecutive quarterly after-tax net profit) continue reading →

Expedia.com analyzed thousands of data points this year to identify the top trends in travel for 2018, and the results show that American travelers are increasingly interested in unique and novel experiences. Highlights from the report include the rise of secondary destinations like Chiang Mai, the Azores and Cartagena, and non-traditional lodging options such as tentalows and houseboats. continue reading →

IATA announced global passenger traffic results for October showing that demand rose 6.3% compared to the same month last year. continue reading →

Travel to and within the U.S. grew 3.2 percent year-over-year in October, according to the U.S. Travel Association’s latest Travel Trends Index (TTI) marking the industry’s 106th straight month of overall expansion. However, according to the Leading Travel Index (LTI), there is continued cause for concern looking ahead to the new year. continue reading →

IATA released data for global air freight markets showing that demand, measured in freight tonne kilometers, rose 3.1% in October 2018. continue reading →

Over Two-Thirds of Business Travellers Book Air And Hotels Directly or Through an Online Travel Agency continue reading →

A new white paper from EyeforTravel, the first in the three-part series, finds that 73% of travellers regularly compare hotels, which are increasingly turning to the search giant for their marketing needs continue reading →

In September 2018, marketing carriers posted an on-time arrival rate of 81.9 percent, up from the 75.2 percent on-time rate in August 2018. On-time numbers for marketing carriers were not reported in previous years. continue reading →