Increase in high-net-worth individuals bodes well for luxury tourism
In 2020, more than 1% of adults worldwide were millionaires for the first time. Additionally, this week it was announced that the world's ten richest men…
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Globaldata Travel and Tourism
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Hotel recovery should be green-led not greenwashed
The absence of longer-term environmental consideration is damaging to both the hotel industry and the planet.
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UK airport hotels could face challenges if hotel quarantine ends
UK airport hotels could find themselves in a precarious financial position due to less demand for travel and the…
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TUI’s ‘workation’ packages meet demand for remote working
The launch of workation packages by TUI is a bid to capture demand from the increased desire to work…
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Hyatt’s acquisition of Apple Leisure Group will boost its leisure portfolio
Hyatt's acquisition of the Apple Leisure Group will allow the company to further enhance its position in the hospitality…
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Accommodation sharing providers could benefit in travel recovery
Sharing accommodation for travellers can boost travel recovery through privacy options, multiple amenities and adaptable spaces.
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IHG banks on luxury travel as it announces new brand
Luxury travel is set to be one of the markets that recovers first, which can benefit the launch of…
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Surging demand for US national park visits may not be maintained
Overtourism in US national parks can have a negative impact on visitor experiences and extra measures should be taken…
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UK domestic tourism inflation could deter tourists in 2022
Some UK domestic holiday and accommodation providers have increased prices exponentially throughout 2021 amid soaring ‘staycation’ demand, which could…
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