Articles tagged “economy”

Our latest Skift Research report provides a look-back on 2018 and details our 2019 economic expectations for the U.S. and globally. All in all, we expect a solid year of economic growth in 2019 which should translate well for the travel industry.

Will there be a recession next year? That seems to be the question on everyone's minds. But the fundamental data and industry management teams tell a story of greater strength heading into next year. Headwinds are rising, but on balance, we expect “steady-as-she-goes” growth.

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.

Key economic indicators point to a solid 2018 for travel and tourism as long as federal policy changes don't get in the way.

With many global markets showing healthy signs of growth and consumer and business confidence high, we expect the travel industry to benefit from a solid year of macroeconomic growth in 2018.

The bigger questions on everyone’s mind in the hospitality industry: Is the cycle finally turning downward? Are the good times of high occupancies and revenues over? Should hoteliers be worried?

We're still a long way from political leaders really understanding what's happening at brands like Uber and Airbnb.

Aircraft seating can benefit from a new player, Toyota Boshoku, which has a fresh perspective and plenty of experience in other transport sectors. These seats are a clever innovation and likely to please more passengers over time than the R2-D2 livery—awesome as that livery is.

Travel builds businesses, helps in trade and capital investment, creates jobs and entrepreneurialism for the workforce, and helps protect heritage and cultural values, at least in theory. The WTTC data behind this shows how large the global travel industry really is.

Although airlines are safer and more profitable than any time in history, the industry must innovate much more rapidly in order to secure its environmental and financial viability in the future.