News
Travel Industry Expected to Fully Recover by 2025
According to research conducted by Global Data, the global travel industry is expected to make a full recovery by 2025. This research shows that international departures will reach 68% of their pre-pandemic levels globally this year, 82% in 2023 and 97% in 2024. By 2025, international departures will reach 101% of their pre-pandemic levels, with…
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Increased Airline Traffic Leads to Expedited Recovery Expectations
Due to increased airline passenger traffic, the airline industry is now expected to return to pre-pandemic levels in 2023, a year earlier than previously forecasted. This pick up in traffic is despite price increases caused by high oil prices and staffing shortages, as governments worldwide are continuing to loosen or drop restrictions altogether. Learn more…
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Solo Group Travel Is Taking Off
Solo travel was heating up a few years ago but was highly discouraged during the pandemic for a variety of reasons. Today, solo travel is rebounding, with these travel bookings reaching 60% of their pre-pandemic levels. However, many solo travelers are joining group tours. This is especially true among female travelers, as females make up…
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Expedia Group Revenue Jumps As Travel Recovery Continues
According to Expedia Group’s latest earnings report, the company’s total gross bookings and total revenue both increased significantly in the first quarter this year. Gross bookings for the three months ending March 31, 2022 were $24.4 billion, up 58% compared to last year and down only 17% compared to pre-pandemic levels. Revenue for the period…
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Travelers Are Choosing Big City Destinations Again
New research released by Allianz Partners in its Top 10 Summer Rental Car Report showed that Americans are traveling to big cities again. While car renters have preferred rural areas and open spaces over the past two years, it appears that metropolitan destinations are making a comeback. This year’s list of top destinations includes Orlando,…
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April Job Fillings Sharply Missed Predictions
U.S. companies added far fewer jobs than was expected last month, suggesting the tightest labor market in decades. Only 247,000 jobs were added in April, sharply missing the 395,000 gain that economists predicted and marking a big decline from the 479,000 jobs added in March. The slowdown in hiring largely stemmed from small businesses, as…
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What To Do Instead of Social Media Marketing
Experts are advising marketing teams to stop pouring their money into social media advertising, as it is far less effective than it once was. The cost to acquire new customers on social media has risen dramatically, with the cost per thousand impressions up 41% last year. New privacy laws also went into effect around this…
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Travel & Entertainment Spending Nears Pre-Pandemic Levels
Spending volume on American Express commercial cards grew $136 billion in the first quarter as large and global clients are beginning to show signs of business travel recovery. Total Travel & Entertainment (T&E) spending across the network was 88% of 2019’s first quarter levels, but U.S. consumer T&E spending was 20% above 2019’s first quarter…
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Legoland Florida Becomes Certified Autism Center
Legoland Florida in Winter Haven is the first theme park resort to be given the designation of a Certified Autism Center. The new certification has been granted to the Legoland Florida theme park and water park, as well as and the resort’s three hotels – Legoland Hotel, Legoland Pirate Island Hotel and Legoland Beach Retreat.…
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Visitor Center Goes Mobile
The COVID-19 pandemic forced many companies to adopt new ways of working, and Visit Roswell in Georgia is no exception. Roswell’s destination marketing organization is letting go of it’s brick and mortar office of more than 30 years and getting behind the wheel. The organization launched its new mobile visitor center run by part-time “street…
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