The WTTC reveals massive increase in global international inbound travel

The World Travel & Tourism Council (WTTC) and its knowledge partner ForwardKeys, forecast a major increase in global international flights bookings as international travel takes off. The booking bounce back was revealed at WTTC’s prestigious 21st Global Summit, taking place this year in Manila, as the world continues to reopen from the pandemic. News of […]

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ForwardKeys: Russian invasion causes flight bookings to stall, especially to Eastern Europe

The latest data from ForwardKeys reveals that Russia’s invasion of Ukraine caused an immediate stall in flight bookings to Europe and within Russia domestically. In its second public analysis since the outbreak of war, ForwardKeys compared flight bookings in the week following the invasion, 24th Feb – 2nd Mar, to the previous seven days. Excluding […]

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ForwardKeys: Russian invasion triggers a spike in flight cancellations

The latest data from ForwardKeys reveals that Russia’s invasion of Ukraine prompted an instant spike in flight cancellations to and from Russia. On 25th February, the day after the start of the invasion, every booking that was made for travel to Russia was outweighed by six cancellations of pre-existing bookings. The source markets exhibiting the […]

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UK flight bookings take off as travel tests are removed

New research from ForwardKeys, which has the freshest and most comprehensive, commercially available air ticketing data, reveals that flight bookings to and from the UK have soared following the government’s announcement that COVID-19 testing would no longer be required for fully vaccinated travellers entering the UK.  The day after the announcement by UK Transport Secretary, […]

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WTTC: U.S. Travel & Tourism Recovery Projected to Exceed Pre-Pandemic Levels in 2022

WTTC research projects sector’s GDP contributions could reach almost $2 trillion, a 6.2% increase from 2019, with Easter and summer travel bookings helping bolster economic recovery. The World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism sector, today announced its latest economic modeling projecting that U.S. Travel & Tourism could rebound […]

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Confidence in travel bounces back as TUI prepares for bumper bookings

This weekend will mark the biggest booking day for travel since before the pandemic with the UK’s leading tour operator, TUI, preparing for a bumper post payday weekend. Katie McAlister, Chief Marketing Officer for TUI UK & Ireland commented: “Overseas travel is officially back on the map with renewed confidence releasing pent up demand for […]

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TUI Group full year report: Successful restart in summer and almost fully booked first winter quarter 2022

TUI has taken another step out of the crisis with an almost balanced fourth financial quarter of 2021. Due to the successful resumption of the tourism business, TUI is close to reaching break-even in terms of underlying EBIT at -97 million euros in Q4 2021. TUI Hotels & Resorts, an important and high earning division […]

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AirDNA: Holiday cheer ahead for Europe as demand, revenues continue recovery

Demand, measured by the number of listing nights stayed over the previous month, was just 8.3% below that of October 2019 (+48.9% over 2020). This is a substantial improvement from September, when demand was 25% lower than in 2019, and the highest percent change since the start of the pandemic, according to AirDNA. Average daily […]

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