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Articles tagged “inflation”

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

Hotels

Yes, Hotel Room Rates Are Up. But It Isn’t Price Gouging. 

Travel sticker shock is giving way to anger for many consumers. But the inflation data suggests that most hoteliers have raised prices in-line with their rising costs rather than capturing excess profits.

Yes, Hotel Room Rates Are Up. But It Isn’t Price Gouging. 

News Blog

Pace of U.S. Hotel Rate Rises Moderated in May

Rising hotel room rates in the U.S. are still contributing to an overall rise in the national cost of living, but the pace of hotel rate hikes is slowing, according to new numbers released on Tuesday. Hotel rates rose 1.8% in May from April, according to the U.S. Bureau of Labor Statistics, which reported the seasonally…

Tourism

Memorial Day Trips Set To Rise: ‘Summer Travel is Officially Back’

Although inflation is still impacting many Americans' travel plans, the U.S. travel industry is poised to have its biggest Memorial Day weekend in years — another major step in its recovery from the pandemic.

Memorial Day Trips Set To Rise: ‘Summer Travel is Officially Back’

Tourism

Travel Spending to Hold Steady in 2023: New Skift Research U.S. Travel Tracker

Despite rising prices, many U.S. travelers are protecting their travel budgets, said the latest survey by Skift Research. We're cautiously optimistic about this trend.

Travel Spending to Hold Steady in 2023: New Skift Research U.S. Travel Tracker

Tourism

India Continues Strong Performance in 2023: New Skift Travel Health Index

India has all the cards to become the next mega source market for international travel, although major barriers still need to be overcome. The country has been performing extremely well in our Skift Travel Health Index.

India Continues Strong Performance in 2023: New Skift Travel Health Index

News Blog

Europeans Travelers Opting for Early Summer Trips: European Travel Commission

Most European travelers plan to take spring and early summer in the next months, according to a European Travel Commission survey. Around 40 percent will travel in June or July, while only 23 percent expect to travel in August and September, down 9 percent year over year. In April and May, almost 30 percent will…

Hotels

Full Video: Accor Deputy CEO at Skift Future of Lodging Forum 2023

Accor is focused on setting itself apart by offering more than just a place to stay. Jean-Jacques Morin, a top Accor executive, discussed that and more at the Skift Future of Lodging Forum.

Full Video: Accor Deputy CEO at Skift Future of Lodging Forum 2023

Tourism

A Third of Americans Plans to Cut Back on Travel Spending This Year: New Skift Research U.S. Travel Tracker

An increasing number of Americans have started to feel the pinch of increasing travel prices. Thirty-four percent of Americans, 10 percentage points higher than last October, plan to decrease their spending on travel in the next 12 months.

A Third of Americans Plans to Cut Back on Travel Spending This Year: New Skift Research U.S. Travel Tracker

Tourism

The Global Travel Outlook for a Redistributed World

Get the lowdown on the broader economic trends affecting travel in 2023, thanks to data and analysis from Skift Research. Watch this Skift Megatrends video to stay ahead of the game.

The Global Travel Outlook for a Redistributed World