Midway through 2022, the hotel industry continues to make strides toward recovery, with nominal hotel room revenue and state and local tax revenues projected to exceed 2019 levels by the end of this year, according to the American Hotel & Lodging Association (AHLA)’s 2022 Midyear State of the Hotel Industry Report. Hotel room revenue in […]
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Summer’s finally here, and as we all start thinking about those well-earned holidays, travellers from all over the world are looking for inspiration both close to home and further afield. While some may favour a beach holiday or a mountain retreat, the city break remains a firm favourite of many- who doesn’t love experiencing new […]
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A new analysis by the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism business sector, estimates 412,000 Travel & Tourism jobs in the U.S. will remain unfilled this year, putting in serious jeopardy the recovery of the sector. According to WTTC’s data, one in 18 jobs remained vacant during the […]
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Zagreb (Croatia) and Ljubljana (Slovenia) lead the ranking of cities with a higher degree of visitor satisfaction. The large European capitals drop positions due to their high hotel prices and due to a low value placed by visitors on the tourist offer in the destinations. The study analyzes air connectivity, the average hotel price, and […]
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The World Travel & Tourism Council (WTTC) and the European Travel Commission (ETC) warn that the Travel & Tourism sector’s recovery could be put at serious risk if almost 1.2 million jobs remain unfilled across the EU. The challenging summer labour shortfall has been revealed by WTTC in its latest analysis of the sector and […]
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With multiple news reports of flight cancellations, as airports, suffering with staff shortages, struggle to cope with surging demand, ForwardKeys has taken a closer look at air traffic disruption, by analysing recent trends in intra-European flight bookings for travel in July and August and changes in seat capacity. It shows that a fall in consumer […]
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Riyadh’s hotel industry reported higher occupancy than the month prior, but lower room rates, according to preliminary June 2022 data from STR. According to STR data: • The occupancy rate was: 56.5% • Average daily rate (ADR): SAR580.61 • Revenue per available room (RevPAR): SAR328.17 While ADR and RevPAR fell month over month, each of […]
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Further to Mabrian’s recent analysis on the top 10 airlines by cancellations for European flights, the travel intelligence provider has now carried out a study to examine European flight cancellations by country. The data compares the number of flights scheduled on June 14 to fly between 1 and 15 July, with flights scheduled as of […]
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The International Air Transport Association (IATA) announced passenger data for May 2022 showing that the recovery in air travel accelerated heading into the busy Northern Hemisphere summer travel season. Total traffic in May 2022 (measured in revenue passenger kilometers or RPKs) was up 83.1% compared to May 2021, largely driven by the strong recovery in […]
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As concerns over Covid-19 wane, Europe is expected to recover 70% of pre-pandemic travel demand in 2022 Sudden surge in consumer demand coupled with staff shortages pose serious challenges for the sector going into the summer months Long-haul travel into Europe continues to lag significantly behind short- and medium-haul recovery Uncertainty brought about by worsening […]
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