Forecasts Archives

News Blog

U.S. Hotels Haven’t Yet Recovered 2019 Occupancy, Staffing, or Real Revenue

The U.S. hotel sector will this year finally surpass 2019 levels on a few performance metrics, according to research commissioned by the country's largest hotel lobby. U.S. hotels will see gains in occupancy, inflation-adjusted revenue figures, and staffing levels in 2023, according to a report published on Monday by the American Hotel & Lodging Association…

Sean O'Neill | 1 year ago

Tourism

Bold Travel Industry Predictions for 2023

We know the travel industry will surprise us in 2023. That's one thing that's certain. These envelope-pushing prognostications are just our way of getting ready for the unexpected. We had fun coming up with these, and hope you read them in that same spirit.

Rashaad Jorden | 1 year ago

Hotels

Accommodation Sector in 70 Percent of Asia Pacific Countries on Track for Full Recovery in 2022

With China’s ongoing Covid crackdowns halting its almost-there recovery, the accommodation sectors of other APAC countries are expected to gain market share in 2022.

Varsha Arora, Skift | 2 years ago

Airlines

Ryanair Doubles Annual Loss Forecast Due to Omicron Restrictions

Not only has the emergence of the Omicron variant killed any hopes major airlines had for ending 2021 on a high note, the widespread travel restrictions enacted in its wake are further pummeling a beleaguered industry.

Conor Humphries, Reuters | 2 years ago

Coronavirus

Airbnb’s Valuation Almost Halved to $18 Billion

Love it or hate it, you can hardly blame Airbnb for a deflated valuation, although not all of the plunge is coronavirus-related. The pain that is infecting travel and other companies at this moment is boundless.

Dennis Schaal, Skift | 4 years ago

Coronavirus

Coronavirus Puts 50 Million Tourism Jobs at Risk: Report

The global coronavirus outbreak means millions of travel and tourism jobs are at risk, says the World Travel and Tourism Council (WTTC). Asia faces faces the most risk, with up to 30 million possible jobs affected, if demand dries up for two or three months.

Joan Faus, Reuters | 4 years ago

Airlines

What to Watch Out for in the 2020 Travel Economy: New Skift Research

We head into 2020 with more question marks than any year of this cycle. Risks are rising and the global economy is slowing. Here's what you need to know to be prepared.

Seth Borko, Skift Research | 4 years ago

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