Research Studies
U.S. Business Travel Thriving As Travel Expands for 100th Straight Month
Travel to and within the U.S. grew 3.6 percent year-over-year in April, according to the U.S. Travel Association’s latest Travel Trends Index (TTI) - marking the industry’s 100th straight month of overall expansion. Though the raw numbers are in positive territory, the U.S. continues to trail other global travel heavyweights in capturing share of the booming international travel market. The most noteworthy component of the April TTI was domestic business travel, which grew for a fourth consecutive month—the first four-month win streak for that segment since January-April 2015. Forward-looking bookings and searches for business travel appear to be on an upswing as well, leading to a strong business Leading Travel Index (LTI)—the forecasting portion of TTI. VISIT WEBSITE DOWNLOAD PDF … [Read more...] about U.S. Business Travel Thriving As Travel Expands for 100th Straight Month
U.S. Lodging Industry – Just the Facts
In conjunction with the 2018 NYU Hospitality Investment Conference, CBRE Hotels’ Americas Research has prepared a “Fact Sheet’ that highlights our current outlook for the U.S. lodging industry. CLICK HERE TO DOWNLOAD … [Read more...] about U.S. Lodging Industry – Just the Facts
Timing is Everything: New Research Highlights When to Offer Trip Extras
Two studies focusing on trip extras show how timing matters when hoteliers offer ancillary products A new white paper titled Business Travelers and their Demand for Ancillary Services, commissioned by iSeatz, a technology company providing ancillary booking solutions, and researched by Phocuswright, shows that timing around offering ancillaries matters just as much as what ancillaries the hotels are offering. The research, along with an earlier study focused on leisure travelers, reveals that although the types of trip extras in which leisure and business travelers are interested may differ, the ways these travelers are willing to engage with this content are extremely similar. This white paper is the companion piece to Hotel Ancillaries: An Unexplored Opportunity which focused on the leisure traveler’s interest in ancillary products. READ ARTICLE … [Read more...] about Timing is Everything: New Research Highlights When to Offer Trip Extras
Free book available on Peer-to-Peer Accomodations
Sara Dolnicar, closing keynote speaker at #TTRA2018, authored a book on Peer-to-Peer Accommodation Networks that is available to all. Peer-to-peer accommodation networks are pushing boundaries we did not even know existed. These networks have rocked the established accommodation sector, dramatically increasing the variety of accommodation options available to people around the world. This is the first book to provide an in-depth analysis of the business model of Airbnb, to discuss factors facilitating the transition of peer-to-peer networks from niche market to mainstream accommodation providers, and to predict that the next step of development for peer-to-peer accommodation networks will be to become online one-stop travel shops. Many other hot topics around peer-to-peer accommodation are discussed. Download the OA version at www.goodfellowpublishers.com/peertopeer … [Read more...] about Free book available on Peer-to-Peer Accomodations
These 10 U.S. Zip Codes Buy the Most Travel Online
You may have read the recent article in Skift about the Zip codes that buy the most travel. ADARA worked with Skift to supply the analysis for the article from our data co-op of more than 200 top travel brands. We looked at purchases made between October 2017 and April 2018 and uncovered some interesting insights. READ ARTICLE … [Read more...] about These 10 U.S. Zip Codes Buy the Most Travel Online
What happens when millennials grow up?
Globally the influence of Millennials on travel and on marketing has been profound. In the US, Millennials are as large a generation cohort as Baby Boomers. In China, they are a smaller generation numerically thanks to the one-child policy. But as the first generation to benefit from China's astonishing economic growth, 80's children (as they are known) are a wealthy and high-consuming group. As Millennials become parents, their needs and values often converge with those of other generations. Where they once sought 'cool' brands, their brand choices often move to the mainstream as parents. In this report, we have personally curated, we give you an update on what millennials are up to and how their lives are changing. We give you practical tips on how to adjust your marketing and retain loyalty. READ REPORT … [Read more...] about What happens when millennials grow up?
Seniors Travel Profile – Everything You Need to Know and More
As a busy tourism professional, it is easy to forget your customer is front and central to your marketing NOT your destination product or service. Unfortunately, we see many tourism businesses and destination marketers do not place enough importance on the one success factor that is critical to the survival of any business – understanding the customer. One of our favorite travel target markets is seniors. According to AARP research, practically all Baby Boomers (99%) anticipated traveling for leisure (either domestic or internationally), with approximately 4 or 5 trips in the works. We will never see another generation as cashed up and time rich in our lifetimes. But many travel marketers, destinations are making big mistakes with this market. We have created the most comprehensive seniors' travel persona you are likely to find anywhere. READ REPORT … [Read more...] about Seniors Travel Profile – Everything You Need to Know and More
New Report Shows Economic Impact of Business Travel
A new report, produced by the Global Business Travel Association (GBTA) in partnership with BCD Travel and Air Canada, shows that business travel was responsible for about 2.6 per cent ($40.1 billion) of Canadian GDP in 2016. The study, titled “The Canadian Business Travel Industry: Business Travel’s Impact on Jobs and the Canadian Economy,” was released at the GBTA Conference 2018 – Toronto, which was held April 16-18, 2018. READ ARTICLE … [Read more...] about New Report Shows Economic Impact of Business Travel
2018 Voice of the Visitor
PGAV Destinations, in conjunction with H2R Market Research and global media partner Blooloop, recently published the 2018 Voice of the Visitor report. Now in its third year, Voice of the Visitor is the only research study of its kind that explores attraction guests' 2017 travel trends and forecasts their 2018 intentions. The study remains the first and most comprehensive U.S. report on destination guests’ collective opinions, attitudes, and expectations—generated directly from guest feedback. READ REPORT … [Read more...] about 2018 Voice of the Visitor
Cruising in 2018: CLIA’s CEO Spotlights Her 3 Favorite Trends
Editor’s note: Amadeus is pleased to share a guest blog from Cindy D’Aoust, president and CEO of Cruise Lines International Association (CLIA). With cruise season in full swing, Cindy shares her favorite trends setting sail this year. Travelers around the world are falling in love with the experience and convenience of a cruise vacation. When you only have to unpack once but get to visit several destinations in one cruise, you see more of the world and spend more time with loved ones on your vacation. While we are seeing many trends for this year, I’ve picked out a few of my favorites trends that have already begun to set said this year: Skip-gen cruises As a grandparent myself, I have loved seeing this trend really come to life. Cruise lines cater to skip-gen cruising in the same way they cater to a variety of cruisers, offering diverse itineraries and on-board activities that are tailored to the guest profile and preferences. Many grandparents want to travel with their … [Read more...] about Cruising in 2018: CLIA’s CEO Spotlights Her 3 Favorite Trends
