Articles tagged “consumer behavior”

Travel Booking

Mastercard’s Weak Forecast Overshadows Upbeat 3rd Quarter Boosted by Travel

While credit card companies continue to benefit from the travel rebound, Mastercard's earnings call might be a reality check for industries that rely on discretionary spending.

Manya Saini and Niket Nishant, Reuters | 1 month ago
Mastercard’s Weak Forecast Overshadows Upbeat 3rd Quarter Boosted by Travel

Tourism

Remote Work Drives Long Trips for Americans: New Skift Research Travel Tracker

The U.S. travel industry seems to be in full recovery mode. In July, 53 percent of Americans traveled, a 5-percentage-point jump from the same time last year.

Haixia Wang | 4 months ago
Remote Work Drives Long Trips for Americans: New Skift Research Travel Tracker

Tourism

Higher Prices Now Changing Summer Travel Plans for Americans: New Skift Research Travel Tracker

Nearly 47 percent of Americans traveled in May 2022, 6 points higher than March, signaling a strong start as we get closer to the summer season. However, with the mounting anxiety about an economic downturn. the number of consumers who expect to cut down on travel spending rose sharply.

Haixia Wang | 6 months ago
Higher Prices Now Changing Summer Travel Plans for Americans: New Skift Research Travel Tracker

News Blog

Inflation Concerns Likely To Push People to Domestic Trips: New Data from Tripadvisor

One of the biggest concerns for the global travel industry's recovery coming out of the pandemic lows has been inflation and how it would affect people's intent to travel. While summer looks like it will be a big one for the travel industry, here is some early survey data from Tripadvisor that people are willing…

Rafat Ali | 7 months ago

Tourism

Americans Keep on Traveling, Undeterred by Economic Concerns

Despite the spring break, 41 percent of Americans traveled in March 2022, little changed from January. However, it’s 5 percentage points higher than March last year, signaling a somewhat healthier start as we inch towards summer season.

Haixia Wang | 8 months ago
Americans Keep on Traveling, Undeterred by Economic Concerns

Short-Term Rentals

The Rise of Short-Term Rentals in Asia Pacific: New Skift Research

The STR industry in APAC is at a nascent stage with promising growth prospects. It is to be seen how the STR market matures to find its demand-supply equilibrium and market leaders.

Varsha Arora | 9 months ago
The Rise of Short-Term Rentals in Asia Pacific: New Skift Research

Tourism

Short-Term Rental and Resort Stays Pick Up Momentum: New Skift Travel Tracker

In January, 40 percent of Americans traveled, only 5 percentage points lower than January 2020, before the pandemic hit. While we expect to see even more normalcy in travel as we move closer to another travel season, where the economy is heading could have an impact, as more than half of Americans now believe the U.S. economy will get worse in the next 12 months.

Haixia Wang | 9 months ago
Short-Term Rental and Resort Stays Pick Up Momentum: New Skift Travel Tracker

Business Travel

Travelers in These 5 Countries Share Views on Remote Work and Sustainability: Skift Research

Sustainability and remote work will shape how we live and how we travel profoundly on the other side of the pandemic. Understanding what travelers think of these two topics and how these two areas will impact their future travel decisions is crucial for the industry rebuild.

Haixia Wang | 10 months ago
Travelers in These 5 Countries Share Views on Remote Work and Sustainability: Skift Research

Tourism

Americans Traveling Abroad Hits a Pandemic High: New Skift Research

Despite the surge of Omicron, 45 percent of Americans traveled in December. In particular, nearly 6 percent of all December trips were to another country, marking the highest rate since the pandemic started. And looking ahead to 2022, Americans are optimistic about traveling more.

Haixia Wang | 11 months ago
Americans Traveling Abroad Hits a Pandemic High: New Skift Research

Tourism

1 out of 4 of U.S. Remote Workers Took Extended Trips: New Skift Research Travel Tracker

Remote work is here to stay and its impact on travel is starting to grow significantly. Twenty-three percent of American remote workers in our September survey said they had taken long trips as a result of working remotely, a sharp increase from eight months ago. Travel companies need to take note of how to serve this rising travel segment.

Haixia Wang | 1 year ago
1 out of 4 of U.S. Remote Workers Took Extended Trips: New Skift Research Travel Tracker