Will reach a record US$1.5 trillion in 2024, WTTC report says A new report from the World Travel & Tourism Council (WTTC) has revealed that business travel is set to surpass pre-pandemic levels this year, faster than previously predicted, to reach a record US$1.5TN. The rise of remote working during the pandemic had a disproportionate effect on corporate travel, compared to leisure travel, with virtual platforms replacing face-to-face meetings. Last year, leisure travel was just 2.9% behind the 2019 peak, whilst business travel continued to struggle, remaining 5.4% behind. But as business leaders re-emphasised the importance of face-to-face interaction, business travel is now back and is set to exceed 2019 levels by an impressive 6.2% to reach the new US$1.5TN record. ...
Read MoreTag: Travel trends
The World Travel & Tourism Council (WTTC) has launched its 2024 Economic Impact Trends Report, which has revealed the U.S. as the world’s most powerful Travel & Tourism market, contributing a record-breaking $2.36 TN to the nation’s economy last year. Despite the slow return of spending from international travellers, the U.S. keeps pole position, with almost double the economic contribution of its nearest rival. Following a record-breaking year for Travel & Tourism, the sector continues to be the backbone to many country economies, while supporting millions of jobs globally. Surfers walking along the shore in Cocoa Beach on Florida's Space Coast. The latest report from the global tourism body reveals China as the world’s second most powerful market with a GDP contr...
Read MoreSkyscanner collaborates with WeddingWire India, revealing a 13% growth in destination weddings 85% of respondents in India have had or are planning a destination wedding 66% of Indians are planning grand pre-wedding festivities to mark wedding milestone Goa tops the list of spots for Indian couples seeking a sun-soaked wedding celebration, followed by Dubai for its glitz Leading global travel app, Skyscanner, has unveiled its latest survey titled, “Destination ‘I Do’”, revealing a strong desire for destination weddings among Indians, with 85% of them either planning or have already had a destination wedding. Gen Z, in particular, is leading the charge, with 49% considering tying the knot at a stunning wedding destination, compared to 33% of Millenn...
Read More● 65% of Gen Z and Millennial users are under the age of 35, driving solo adventures and tech-savvy experiences. ● These travelers often choose destinations like the UAE, Vietnam, and Egypt, with solo travelers particularly drawn to Egypt, Azerbaijan, and Oman. Atlys, an online visa application platform released new insights into the travel behaviors of Gen Z and Millennials, shedding light on their influence on global tourism trends. According to the report, 73% of these travelers prefer off-peak times to avoid crowds and reduce costs. With 65% of Atlys' users under the age of 35 are driving solo adventures and tech-savvy experiences, it's clear that Gen Z and Millennials aren't just traveling, they're setting trends, leveraging technology to create personalized and smooth travel...
Read MoreDomestic travel leading the way with Goa being the favourite destination Latest data from YouGov Surveys shows that three-quarters of urban Indians are planning to travel this festive season (between September and December), with millennials leading the trend (at 80%). Among those planning trips, 72% favour domestic travel. One in ten (9%) are leaning towards international destinations while 19% are considering both domestic and international options. For domestic travel, Goa tops the list at 35%, followed by Kerala at 26% and Himachal Pradesh at 24%. Internationally, the Middle East is the most popular choice at 46%, followed by Europe (35%) and Southeast Asia (34%). Half of those planning trips have identified potential destinations but have not yet booked (51%...
Read MoreSun seekers are turning to package holidays in Europe as soaring hotel and flight prices revive demand for the all-inclusive deals that had fallen from favour, bolstering the balance sheets of some travel companies. The combination of a cost-of-living crisis and disruption from strikes and glitches has added to the appeal of a fixed-price package without unexpected add-on costs and easier redress when things go wrong. After years of travellers using the internet to compile their own itineraries, travel analysts say a trend of buying a ready-made package that began last year has accelerated this summer, the busiest for travel since the pandemic. FILE PHOTO: People cool off at the Mediterranean Sea on La Malagueta beach on a hot summer day in Malaga, Spain, July 27, 2024. REUTERS/J...
Read MoreAt home in the New York City suburbs, Oscar Sandoval has lots of friends and an active social life. But when it’s time for vacation, he prefers to keep it quiet. Like, literally. Sandoval began practicing Zen Buddhism a few years back, and has been on silent retreats to Buddhist monasteries around San Francisco and elsewhere. He’d stroll, sit, do some gardening and generally contemplate life for a week. More recently, he’s done solo backpacking trips across Spain. “The internal experience varies from times of very little thinking to periods of many thoughts or songs playing in my head,” he says. “The utter peace and stillness is impossible to put into words.” This photo provided by Black Tomato shows an Icelandic Glacier on a hiking trek. (Black Tomato via AP) Travel journalis...
Read MoreExpedia data reveals the trend, as Aurora Borealis visibility peaks # Nearly half travelers dream of aurora chasing this year, eclipsing other experiences # Canada, Finland and Norway boast the most popular destinations for aurora hunters This year's hotspots are looking a whole lot cooler with the rise of Northern Lights tourism, spurred by reports that the astronomical phenomenon will be extraordinarily visible in 2024. According to a survey commissioned by Expedia, nearly half (42%) of Americans will prioritize aurora chasing in the year ahead over other bucket list experiences. Traveling to see the Northern Lights is more in-demand than a visit to Egypt's pyramids (36%) or a walk along the Great Wall of China (33%). Expedia searches are skyrocketing for winter trips to Nort...
Read MoreAdventurous destinations and specialty cruises are among the latest travel trends for 2024. Overseas Adventure Travel (O.A.T.), the leader in personalized small group and solo travel for Americans ages 50 and older, announced the top three travel trends for the year ahead. "Our mission has always been to change people's lives through travel," said Brian FitzGerald, Chief Executive Officer of O.A.T. "We're seeing more and more travelers seeking unfamiliar destinations, places where they can make deeper cultural connections, witness relatively untouched landscapes, and experience the world in a more immersive and meaningful way." Top 3 Trends for 2024: 1. Adventurous destinations –Today's travelers are more active and seeking out destinations where they have opportunities to t...
Read MoreAI revolution, and sustainable journeys take centre stage As the sun sets on 2023, Trip.com Group, a global leader in online travel services, reflects on the dynamic landscape of travel over the past year, offering insights into the trends set to shape the journey in 2024. AI takes centre stage in predictive planning for 2024 As we venture in 2024, the travel landscape is undergoing a paradigm shift, driven by the widespread integration of AI. Leading this transformative change is TripGenie, an advanced AI travel assistant that is integrated into the Trip.com mobile app. Leveraging cutting-edge large language model technologies, TripGenie, launched in 2023, has evolved into a personalised travel companion. It is reshaping the way we plan our journeys, from crafting bespoke iti...
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