Markets including New York, Toronto and Beijing all have significant declines in both active and available listings, which suggests the declines are more likely to be permanent.
In a disrupted time like now, the most important thing for destinations is to remain top of mind.
The Taiwan-Palau bubble could possibly be the first such travel bubble arrangement to actually take off, following failed attempts in 2020 by other cities and countries.
The Bank of Spain’s baseline scenario is that the economy will grow 6% this year, aided by receipts from foreign tourists reaching 56% of their 2019 levels.
China’s cumulative tourism expenditures will drop 20%-25% by 2025 compared with pre-Covid-19 predictions.
Club benefits often center on easing the burden of planning and uncertainty; now, safety is an essential part of that.
After an unprecedented year that disrupted every category of business, brands are leaning in to reimagine the way they engage at every point in a consumer’s journey.
Nirvana would be hotels getting to the same stage based on guest data made possible by a joined-up, aggregated profile, like the air industry.
