IATA: A “strong” summer is coming, with a “come-back” of Asian passengers

IATA reported an 11% increase in global passenger demand in April 2024, underscoring optimism for the summer travel season. The International Air Transport Association (IATA) has published the following figures: Total demand, measured in passenger mileage revenue (RPK), increased by 11% compared to April 2023. Total capacity, measured in available seat kilometres (ASK), grew by […]

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Will the general election affect demand and holiday bookings ?

The prime minister’s decision to call a general election on July 4 will have little impact on lagging sales or spending thanks to strong consumer demand, trade members said this week. However, cruise lines at the Clia Conference in Southampton last week stressed that a change of government would mean travel companies would have to […]

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ETC: European tourism draws close to pre-pandemic levels in 2023

Towards the end of 2023, European tourism continued its robust recovery, nearing pre-pandemic levels despite inflationary pressures. Across reporting destinations, foreign tourist arrivals stand at 1.6% below 2019 figures, with nights 0.6% below, showcasing a resilient travel demand across the continent -a trend which is expected to continue into 2024. This is according to the […]

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UNWTO: International tourism to reach pre-pandemic levels in 2024

According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals. The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations, are expected to underpin a full recovery by the end of 2024. […]

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Jet2holidays adds hundreds of thousands of Free Child Place holidays

Ahead of what is expected to be a busy weekend for customers booking family holidays, Jet2holidays, the UK’s largest tour operator, has today added hundreds of thousands of Free Child Place holidays across the 2024 school holidays. The additions are on top of millions of Free Child Place Holidays that are already available. As a […]

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WTTC and Hotelbeds uncover Global Tourism Trends

The World Travel & Tourism Council (WTTC) partnered with Hotelbeds to bring sector leaders together in Palma, Mallorca, to delve into the ever-evolving dynamics of global Travel & Tourism. Titled “Global Trends in the Tourism Sector”, the event provided a platform for attendees to gain valuable insights into the current state of Travel & Tourism […]

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ETC: European travel demand expected to be just 20% below pre-covid levels in 2022

Uncertainty brought about by the Omicron variant negatively impacted Europe’s travel and tourism sector at the end of Q4 2021, hampering prospects for its recovery in the first quarter of 2022. Nonetheless, optimism remains as the European Travel Commission (ETC) predicts tourist arrivals to be just 20% below pre-pandemic levels in 2022, in spite of […]

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WTTC: U.S. Travel & Tourism saw labor shortfall of almost 700,000 in 2021

A new analysis of staff shortages by the World Travel & Tourism Council (WTTC), which represents the global private Travel & Tourism sector, reveals the sector realized a U.S. labor shortfall of almost 700,000 workers during 2021. According to the report, the outlook for 2022 is only slightly more positive, with approximately 480,000 direct* U.S. Travel […]

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tui

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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