Hospitality Travel Trends

Online Travel Agency Shares Predictions and Popular Destinations for the New Year continue reading →

IATA forecast that the global airline industry will produce a net profit of $29.3 billion in 2020, improved over a net profit of $25.9 billion expected in 2019. continue reading →

Air, hotel and ground predictions for 2020 come with global uncertainties. Between the climate crisis, Brexit and trading disputes, the outlook is foggy to say the least. But challenges, they say, aren’t stop signs. They are guidelines. Here are three Cs to consider when managing travel in 2020. continue reading →

U.S. scheduled passenger airlines reported a third-quarter 2019 after-tax net profit of $4.6 billion, the 26th consecutive quarterly after-tax profit, and a pre-tax operating profit of $6.4 billion, the 34th consecutive quarterly pre-tax profit. continue reading →

The International Air Transport Association (IATA) announced global passenger traffic data for October 2019 showing that demand (measured in total revenue passenger kilometers or RPKs) climbed 3.4% compared to the year-ago period. This was a modest slowdown from 3.9% growth recorded in September, owing to softer traffic performance in domestic markets. continue reading →

Turkish Airlines Ranks Highest in Overall Satisfaction among Airlines Flying to Europe; Japan Airlines Ranks Highest among Airlines Flying to Asia continue reading →

The global passenger market grew by +2.6% in September, showing signs of stabilizing after a particularly challenging 2019. The month marked the end of the third quarter of 2019, with year-to-date growth standing at +3.1%, less than half of the +6.4% growth observed in 2018. continue reading →

Global business traveler sentiment concerning trip experiences improved modestly over last quarter, growing 0.4 points. Growth is highest among U.S. travelers which grew 5.7 points from last quarter. This suggests growing satisfaction with the overall travel experience. Most global travelers (68 percent) say they would travel more often if given the options. continue reading →

YTD Sales Total $84.4 Billion as Passenger Trips Increase 2% continue reading →

U.S. airlines carried an estimated 78.1 million system-wide (domestic and international) scheduled service passengers in October 2019, seasonally-adjusted, reaching a new seasonally-adjusted all-time high, according to the Bureau of Transportation Statistics’ (BTS) first estimate, up 0.9% from the September second estimate. continue reading →