Articles tagged “demand”

Accor, the Paris-based hotel giant, predicts robust bookings and strong pricing power in the second half. Its executives aren't losing any sleep over airlines like Ryanair complaining about softening airfares.

While consumer spending was key for Royal Caribbean's first quarter, demand across the board has led the company to its highest-ever revenue in the second quarter.

U.S. airlines all say that demand continues to stay super strong as they look ahead to spring and summer. But just how long will the happy demand story persist and might the party be ruined by rising costs?

Traveler demand for vacation rentals in the U.S. is still growing, but the pace has "started to decelerate quickly," according to a report from property manager Evolve.

Traveler fears, particularly in the U.S. and Europe, about the danger of the Ukraine War spreading have lessened, allowing for tourism's recovery in Eastern Europe to continue. Industry stakeholders still have to vigilantly reassure and educate travelers about the safety of their destinations.

Covid-19 caused disruption in the travel business. The industry was put on pause and is now returning in different ways. Companies that view post-pandemic recovery as something new and unique will have an advantage over those that expect to pick up right where they left off.

Airlines need to shift from forecasting models that rely primarily on historical data to ones that analyze real-time demand. That's how Amazon and other e-commerce companies handle pricing. No wonder travel tech players PROS, Amadeus, Sabre, and Flyr spy an opportunity.

Air travel demand appears to have plateaued in the U.S. International travel demand, after showing some signs of life in the summer, is slowing down as countries impose new travel restrictions in response to a resurgent pandemic.