Understanding the difference between business and leisure travellers
The Skyscanner data we previously presented evidences an increase in bookings for extended stays with Thailand having been identified as one of the popular destinations. This is significant, given that, historically, traditional vacations of less than 14 days dominated travel bookings. The vacation rental company reported that extended-stay bookings have nearly doubled from 14% of all nights booked in 2019 to 25% in the summer of 2021. Finally, workations, work-from-anywhere trips, digital nomadism, and other forms of bleisure have been cited as reasons for the changing face of travel. With all this in mind, the predictions suggesting that business travel will never recover are increasingly realistic in scope.
Elieve that no single company can make progress with the inclusion agenda on its own. Through collaboration we are able to have a greater impact on progressing D,E&I in HTL and in society as a whole. If you are looking for a market research solution for your research requirements, please begin your search using the search box on top of this page or use our chat system to speak to our market research consultants or directly write to us. We embrace the concept of living life to the fullest via holistic living. What this means, simply put, is living in balance with ourselves and our environment.
- This is largely credited to a rise in global wealth, liberalization of international airspace, cheaper flights and the use of the Internet as a travel tool.
- The post-covid travel era will be characterized by these blurred types of travel as the pandemic has made working from anywhere more widely accepted by employers and adopted by workers.
- The leisure and internal tourism indicated a steep decline amounting to 2.86 trillion US dollars, which quantified more than 50% revenue losses.
- This brand-new resort just 20 minutes from the airport means sea turtles, dolphins, spiced-gin cocktails and views for days are a short boat ride away.
- Simon-Kucher has a worldwide team focusing on travel, tourism and leisure, with over 3 decades’ experience in the industry.
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If you’re a destination or travel brand, where are you on our Rebound Roadmap? Responsible, strategic communications is a powerful vehicle that you should not be afraid to activate. The stops within the road are areas we’ve seen trend amid the pandemic. You can turn off paid, and many have, but earned media and social Travel & Leasuire chatter do not turn off, which is why communications is more relevant than ever. It’s a cost-effective way to inform, educate, and entertain your important audiences during this time. Our proprietary tools and technology will help you find the next generation of travel, hospitality and leisure leadership.
. Latest Market Research Reports on Travel & Leisure Industry
Today’s hospitality and leisure environment is more challenging than ever. Economic uncertainty, changing brand preferences, new technology and the way companies interact with their customers are all driving consumer choice. There’s also a precedent for hospitality brands using magazines to reach new audiences, and leveraging a trusted media name. In 2017, suitcase brand Away launched its own print and digital travel magazine, Here. That same year, Airbnb collaborated with Hearst Corporation on a namesake publication. And Skift pointed out that RCI, a timeshare exchange brand owned by Wyndham Destinations, already has an eponymous magazine, formerly known as Endless Vacation.
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We developed the Digital Maturity & Monetization Score , to help you evaluating your company’s digitalization performance. Expert insights and tips for overcoming the top pricing challenges today to see your business thrive. Article The themes that airline executives really care about How do airline executives perceive the current state of the aviation industry? To get a better sense, we analyzed the earnings calls of major airlines. Furthermore, we also expect Blurred Travel to have a major influence on destination demand, in turn affecting the network planning of airlines.
Both platforms provide insightful analytics for your engagement initiatives. 1 JetBlue 22 2 KLM 16 3 Qantas 14 Startup List Airlines and their startup investments Corporate venture capital is on the rise. According to our Google Trends search analysis, Portugal, Spain, Mexico, and Costa Rica are hot spots too. Together, these destinations saw a roughly +1000% increase in searches over the past year. Furthermore, Blurred Travel trips are often longer in length and take place in warm, exotic destinations.