Skift Take

We think 2018 is setting up to be a solid year for growth in travel, despite lingering uncertainty over the direction of economic, foreign, and political policies around the world. Subscribe to Skift Research to learn more.

Skift Research is publishing a new Analyst Session, available to subscribers only as an accompaniment to our latest Research Report, Room for Optimism: 2018 Global Travel Market Outlook. Almost 10 years after the financial crisis, the recovery has been slow and often uncertain and tumultuous. However, with the majority of indicators today looking quite positive, we believe we are on a solid growth trajectory into 2018.

Preview Session

During the call, we review some key economic data points that are top of mind for Skift Research as we head into 2018, provide market sizing data for the travel and tourism industry today, detail global growth and travel industry expectations, and discuss U.S. and global economic policy uncertainty as well as risks to our economic outlook.

The U.S. consumer looks healthy, key corporate indicators are positive, and probabilities of economic recession remain relatively low. Emerging markets and developing countries are seeing income levels rising, technology adoption increasing, and trade liberalizing. Research analysts are forecasting solid growth in revenues and earnings next year in the mid-single digit range for the global public hotel, airline, and cruise companies. All of this suggests to us that, barring any unforeseen events, 2018 should be a solid year for the travel industry.

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This is the latest in a series of research reports, analyst calls, and data sheets aimed at analyzing the fault lines of disruption in travel. These reports are intended for the busy travel industry decision-maker. Tap into the opinions and insights of our seasoned network of staffers and contributors. Over 200 hours of desk research, data collection, and/or analysis goes into each report.

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Tags: airlines, business travel, china, consumers, economic outlook, economy, hotels, Leisure, politics, tourism, travel, usa

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