News
How Travelers Are Making Decisions The Second Half of 2021
Expedia Group’s new Traveler Value Index report offers a first-time, multi-country and multi-industry look at what travelers now value most as they plan, book and experience travel. The insights show that price is no longer the top driver of bookings, but that travelers are focused on more safety and the financial security that comes with…
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Holiday Travel: Vaccinated vs. Unvaccinated
According to MMGY Global’s 2021 “Fall Edition” of its Portrait of American Travelers survey, traveler sentiment is strong, and expectations for holiday travel are high. Vaccination status appears to have no impact on intent to travel, with 80% of active leisure travelers who are vaccinated planning to take a leisure trip during the next six…
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Social Robot Will Be Mass-Produced This Year
Sophia debuted back in 2016 as a one-of-a-kind, social robot with a remarkably lifelike appearance and demeanor. Arguably the most famous robot in the world, Sophia will not be unique for much longer. Her maker, Hanson Robotics, has announced plans to begin mass production this year so that she can help the world cope with…
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Airfare Set To Drop This Fall
As the summer comes to a close and leisure travelers hibernate for the fall, airlines are facing a shortage of business travelers that would normally help fill the gap until the Thanksgiving or Christmas travel season. Airfares this season, as a result, are expected to be lower than fall 2019 levels as airlines entice leisure…
Read MoreJob Openings Hit Record High
At the end of July, the number of job openings hit a record high of 10.9 million. Additionally, the number of people leaving their jobs is also at record levels (2.7%). Learn more.
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Covid-Related Restrictions Cost the U.S. Millions Daily
A new study found that the current Covid-related restrictions along the borders of the United States are causing a potential daily loss of nearly $198 million. According to data from the World Travel & Tourism Council (WTTC), less than 50% of the top 20 most important markets in terms of inbound tourism spending have been…
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Yellowstone Sets Monthly Tourism Record
Nearly 1 million people visited Yellowstone National Park in August, setting a new record for that month (+4.5% from 2020). Officials believe that the summer surge in travel – combined now with more travelers planning outdoor trips and activities because of the rise of the delta variant of the COVID-19 virus – led to the record visitation,…
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Surging Covid-19 Cases Slams Brakes on Travel Recovery
Earlier this year, the travel industry was making a remarkable recovery, with many aspects of travel nearing 2019 levels. However, according to Adobe’s Digital Economy Index, travel recovery is slowing drastically as Covid-19 cases begin to surge. The greatest evidence of this is in flight bookings. In June, U.S. domestic flight booking drove $6 billion…
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Consumer Spending Shifts Towards Services
Retail sales fell this summer, reflecting a steady shift in spending from retail purchases to services such as restaurants. This is likely an indication that consumers are growing more price conscious as inflation picks up. Additionally, a recent report from the University of Michigan shows that buying conditions deteriorated to the lowest point since April…
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What The Shipping Crisis Means For The Holidays
The vast network of ports, container vessels and trucking companies that moves goods around the world is badly tangled, and the cost of shipping is skyrocketing. Unresolved snags, and the emergence of new problems including the Delta variant, mean shoppers are likely to face higher prices and fewer choices this holiday season. In fact, many…
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