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Business Travel Spend Set to Reach Two Thirds of Pre-Pandemic Levels by 2022
Worldwide business travel spending looks set to rise by more than a quarter this year and reach two thirds of pre-pandemic levels by 2022, according to the World Travel & Tourism Council (WTTC). The forecast comes in a major new WTTC report in collaboration with McKinsey & Company.
The U.S. Will Open Land Borders for Fully Vaccinated Travelers in November
The Biden administration will lift travel restrictions at the borders with Canada and Mexico starting in November for fully vaccinated travelers, reopening the doors of the United States to tourists and separated family members who have been sealed out of the country during the pandemic.
Article by Zolan Kanno-Youngs & Emily Cochrane for the New York Times
SkiftX unpacks how 5G can impact every dimension of the hotel experience, from customer convenience and deeper guest personalization, to amazing entertainment resources, enhanced meetings and events, and streamlined operations industry-wide.
Booking Revenue Triples on Travel Demand Boost from U.S., Europe
Online travel agency Booking Holdings Inc said on Wednesday its quarterly revenue more than tripled and trounced estimates, driven by strong demand in Europe and the United States as more people planned their long-delayed getaways.
IHG CEO Bullish on New Hotel Construction Despite Tight Lending Market
IHG Hotels & Resorts CEO Keith Barr sees plenty of interest in moving ahead with new-build construction for hotels despite the tight lending market. Financing for new hotels dried up in the worst months of the pandemic, leading many hotel executives — Barr included — to promote the idea of signing new brand deals with the owners of existing hotels, also known as a conversion.
The U.K. continues to lead Europe in hotel performance recovery, due almost exclusively to domestic demand. Take a quick look at the U.K.’s recent performance timeline as well as occupancy on the books for the coming months as the country further eases restrictions.
Two Dozen Industry Groups Release Blueprint To Reopen International Travel
A coalition of 24 trade organizations representing a large and diverse swath of the U.S. economy is renewing urgent calls to lift restrictions on international visitation to the United States and released a policy blueprint for reopening borders safely.
AHLA, AAHOA Announce New State, Local Advocacy Organization
The nation’s two largest hotel and lodging associations, the Asian American Hotel Owners Association (AAHOA) and the American Hotel & Lodging Association (AHLA), announced the creation of the American Hospitality Alliance (AHA) at the International Society of Hotel Associations’ summer meeting.
The Hotel Association of Canada (HAC) announced its 2021 Board of Directors, with both new and returning members ready to serve HAC's mission and hoteliers across Canada.
From serving the ongoing needs of business travel professionals to looking ahead to what's needed most now by travel buyers, suppliers, business travelers and others, GBTA (Global Business Travel Association) Convention returns for its 55th year as the global business travel event of the year.