The Global Adventure Tourism Market is estimated to be USD 568.56 Mn in 2022 and is projected to reach USD 880.84 Mn by 2027.
Berlin hotel occupancy pulled closer to pre-pandemic comparable in July
Berlin’s hotel occupancy came in just below the pre-pandemic comparable from July 2019, according to preliminary July 2022 data from STR.
STR, TE lift ADR projections further in revised U.S. hotel forecast
US hotel forecast remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation.
Pandemic pups lead to increased pet travel in summer months
More pets have joined their owners on leisure trips since the start of the pandemic, especially in the summer months, according to hoteliers.
Expedia shows strong Q2 growth in travel demand
Expedia Group released its Q2 2022 Traveler Insights Report to support travel marketers on their continued journey toward rebuilding.
U.S. hotel performance for week ending 30 July
U.S. hotel performance dipped slightly from the previous week, which was the annual travel peak, according to STR‘s latest data through 30 July.
Nearly 50,000 Travel & Tourism jobs in Portugal could remain unfilled
Nearly 50,000 Travel & Tourism jobs in Portugal could remain unfilled, says WTTC
Canada hotels post best performance of the pandemic-era
Canada’s hotel performance was the highest of the pandemic-era, with monthly hotel room rates reaching an all-time high.
Travel remains top priority despite Aussies curbing spend
New research revealed the most common savings goal for Aussies is travel despite curbing their spending to cope with the cost of living.
U.S. hotel construction pipeline is packed as travel recovers
The total U.S. construction pipeline up 9% Year-Over-Year (YOY) by projects and 4% YOY by rooms at the close of 2022’s second quarter.