Following the state of the U.S. hotel industry is a lot like riding a roller coaster. Visualizing the constant changes through straightforward charts like these is one way to stay on top of things.
The global tourism map has been redrawn and we're already seeing travel brands feverishly try to break into developing markets at a heightened pace. The question is whether those markets' own hotel and airline competitors will have the gumption to take on that foreign entrenchment.
Online travel agencies have a lot to worry about these days, and although they're still one of the main booking sources, the higher percentage of U.S. outbound travelers booking directly with airlines and hotels has to have them worried.
Deplaning early is a silly, impractical idea. But are we getting to the point that airlines are going to add a fee to have a charging station at your seat? Affirmative.
Emerging economies will grow faster than advanced economies during 2016 and that has several implications for the cost of travel.
Will this increase in car rentals change as the on-demand car services like Uber become a lot more ubiquitous, especially as they break into airports across the U.S.? That is a real possibility.
Lots of complex geopolitical forces are at play when it comes to future developments in the global travel economy, and rankings such as these show how the historical incumbents are being challenged by all types of local, regional, global and digital changes.
Though the numbers for 2015 will be affected by the strong dollar, it is good to see the diversification of the international business traveler profile coming to the U.S.
So much more needs to be done on making it easier for the world to come to visit America, from a policy, infrastructure, and experience perspective. Especially as the dollar's power makes visiting the U.S. tougher.
The American Vacation Revolution is long overdue. Which unicorn startup will disrupt American no-vacation mentality and corporate all-work-and-no-play policies?