Articles tagged “inflation”

Hotels

3 Charts That Show Hotel Prices Will Keep Rising in 2024

Goodbye double-digit growth? Hotel prices soared post-pandemic, but with inflation cooling and travel normalizing, 2024 poses the question: Can pricing strength hold? We think so.

3 Charts That Show Hotel Prices Will Keep Rising in 2024

Hotels

U.S. Hotel Rates Buck Inflation Trend With Year-End Decline

Good news for travelers, bad news for hotel owners. The U.S. hotel industry is seeing a (modest) decline in room rates after a recent dramatic run-up in prices.

U.S. Hotel Rates Buck Inflation Trend With Year-End Decline

Tourism

Ask Skift: What Are the Biggest Challenges the Travel Industry Faces?

The travel industry faces several challenges entering the new year, and here's a list of the biggest ones it faces on its ongoing road to a full recovery.

Ask Skift: What Are the Biggest Challenges the Travel Industry Faces?

Tourism

International Traveler Spending in the U.S. Remains Below 2019 Level

Taking into account inflation, the U.S. still has a lot of work to recover international traveler spending.

International Traveler Spending in the U.S. Remains Below 2019 Level

Tourism

Global Tourism Slows: Europe Takes Most Pronounced Dip

Global travel softened due to the seasonality of demand. In October 2023, the Skift Travel Health Index dipped to 103. Europe was impacted the most due to reduced pent-up demand and economic concerns. Despite China's Golden Week holiday, the travel recovery in the country remained sluggish.

Global Tourism Slows: Europe Takes Most Pronounced Dip

Tourism

American Outbound Travel Aspirations Defy Inflation Concerns

The increase in travel intentions was a standout aspect of an otherwise lackluster report. This resilience underscores the enduring appeal of travel even amid broader economic fluctuations.

American Outbound Travel Aspirations Defy Inflation Concerns

Business Travel

Business Travel Costs ‘Skyrocketed’ in 2022, ‘Subdued’ Gains Seen This Year 

Even with slower gains, prices are still high, and corporate buyers will need to plan ahead.

Business Travel Costs ‘Skyrocketed’ in 2022, ‘Subdued’ Gains Seen This Year 

Tourism

Ask Skift: Why Has Travel Gotten So Expensive?

Travel is booming this summer despite flights and hotels becoming pricier for many consumers, and here's a look at a few reasons why trips aren't getting cheaper.

Ask Skift: Why Has Travel Gotten So Expensive?

Tourism

Record 50 Million Americans Expected to Travel for Fourth of July

Inflation no longer seems to be a major hurdle for Americans eager to travel, but flight delays and disruptions that plagued airlines last summer could once again make Fourth of July travel difficult for millions of people.

Record 50 Million Americans Expected to Travel for Fourth of July

Tourism

Hajj Tourism Up This Year, Along With Rising Prices

While diversification efforts are underway to expand Saudi Arabia's tourism sector beyond religious tourism, the hajj pilgrimage continues to be a vital pillar of the country's tourism and economic landscape.

Hajj Tourism Up This Year, Along With Rising Prices