Articles tagged “inflation”

Business Travel

Business Travel Budgets Face ‘New Normal’ With Prices to Climb Through 2025

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.

Sean O'Neill | 2 weeks ago

Business Travel Budgets Face ‘New Normal’ With Prices to Climb Through 2025

Podcasts

July Fourth Short-Term Rental Bookings Surge on the U.S. Coasts

Today's podcast looks at July Fourth travel, Tourism Portland CEO's record, and inflation's impact on travel.

Rashaad Jorden | 3 months ago

July Fourth Short-Term Rental Bookings Surge on the U.S. Coasts

Tourism

Ask Skift: How Does a Tourism Bump Impact Inflation?

Several destinations have experienced a tourism boom in recent years, but has a surge in visitors contributed to inflation?

Rashaad Jorden | 3 months ago

Ask Skift: How Does a Tourism Bump Impact Inflation?

Hotels

U.S. Budget Hotels Feel the Pinch: Is Inflation the Culprit?

America's economy hotels experienced a case of the first-quarter blues as the budget travel crowd appeared to spend less. Could inflation be to blame?

Sean O'Neill | 6 months ago

U.S. Budget Hotels Feel the Pinch: Is Inflation the Culprit?

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.

Pranavi Agarwal | 8 months ago

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.

Sean O'Neill | 9 months ago

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.

Rashaad Jorden | 9 months ago

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.

Dawit Habtemariam | 10 months ago

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.

Saniya Zanpure | 11 months ago

Global Tourism Slows: Europe Takes Most Pronounced Dip

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.

Kristin Majcher, Skift | 1 year ago

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