TV shows influence travellers more than social media, destination dupes, and more trends
Taipei named top destination in 2024, while unexpected cities such as Kuala Lumpur, Edmonton, and Mexico City are tourism hotspots next year
Expedia has just released Unpack '24, a report offering a sneak peek into the upcoming travel trends for 2024. Combining first-party travel data and insights [...]
Global travel M&A surpasses pre-pandemic levels, 423 deals in the last year
Cambon Partners and VIDEC unveil travel industry's first-ever mergers and acquisitions tracker
Cambon Partners, a Paris-based investment banking firm specialising in mergers, acquisitions, and corporate financing, has collaborated with VIDEC, a Mumbai-based boutique research, consulting, and M& [...]
The possibilities & responsibilities of travel in the age of AI and tech
Report From the Global Travel Tech Thinktank at WiT Singapore 2023
The first Global Travel Tech Thinktank, held by WiT, Phocuswright and Phocuswire, in 2022, covered the theme of “How To Future Proof Travel: Resilience, Responsibility, Respect”.
A direct outcome of that Thinktank was the lau [...]
2024: Rebooters, surrenderers, and foodies to set new travel trends
Booking.com has released its annual Travel Predictions research, revealing that travel will be at “the core of existence” in 2024. In other words, the report says that travel will shift from being an escape from reality into a core part of life.
Booking.com’s report states that 80% of APA [...]
Hotelbeds: PKFARE’s tech seamlessly connects hotel supply and demand (Sponsored)
PKFARE's cutting-edge technology, extensive channel network, and refined operations have significant contributions to the mutual growth of Hotelbeds and PKFARE in both sales volume and gross margin. Moreover, rate violation risks have effectively decreased. In 2023 H1(the first half of 2023), the co [...]
General Atlantic to acquire minority stake in Travel Boutique Online
Private equity firm General Atlantic is set to acquire a minority stake in the online B2B travel distribution platform, Travel Boutique Online (TBO). The deal, involving entities held by Affirma Capital, signifies General Atlantic's investment in TBO's potential for growth and global expansion. TBO, [...]
APAC leads in travel resurgence; consumers see trips as a necessity, not luxury
“Stability has returned and seasonality is back,” says Google's Hermione Joye
While the travel industry flourished in 2019, it came to an abrupt halt in 2020 for obvious reasons. Over the past two years, the sector witnessed a series of closures, reopenings, the emergence of vaccinated travel l [...]
Global hospitality industry sees double-digit growth in Q4, Europe leads the way
Cultural events help economy, with Beyonce's Seattle concert boosting hotel occupancy by 36%
As we step into the fourth quarter of 2023, the global hospitality industry is experiencing a notable surge in optimism. Amadeus has released its Demand360 business intelligence data, revealing that global [...]
Hospitality in 2024: Daycations and luxury brands make it big
Trends driven by the Experience Economy and shift in traveller patterns
At the time of writing, there are 96 days left in 2023. It feels like only yesterday when everyone was abuzz over new travel and hospitality trends for the year - social marketing, a rebound in footfall, the Metaverse... now, [...]
Do consumers care about influencers?
The effectiveness of Influencer Marketing in driving direct sales is not significant, but there’s still a lot of value in this vertical, says Milieu study
In the last decade or so, the undeniable growth of social media has given rise to a new breed of celebrities: the influencers. These individua [...]
