Articles tagged “forecast”

More than a third of the U.S. population will travel more than 50 miles during last dozen days of the year. If weather cooperates, it could be the busiest travel period of the year.

Lower interest rates could jumpstart transactions and development next year, but the industry isn't out of the woods yet.

It turns out that 2019 is no longer a good year to compare prices to. That should be a relief to anyone trying to explain why their travel budget looks so different now.

Business travel is roaring back, with global spending projected to surpass pre-pandemic levels in dollar volume this year. Face-to-face wins.

After a volatile 2023, next year may see demand and supply back in balance.

Global travel declined from June to July, similar to the downward trend we saw this time last year. Hong Kong was the only country with an uptick in Skift's Travel Health Index.

Americas' share of global accommodation revenue witnessed an increase during the pandemic given its very large domestic travel market. The dynamics are expected to change when travel restrictions in China wane, and its large domestic travel market flourishes again.

What if? That's always a question we want our reporters and editors to be asking. In this case, we pushed them to take it even further by conjuring up some silly predictions for the new year. What we are really doing here is preparing you for another year of the unexpected. Get ready, Skift readers.

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.