inflation Archives

Tourism

Travel in 2022 Explained in 11 Charts

The year 2022 has been a contrast between massive pent-up demand and revenge travel on the one hand, and worries about rising prices, growing inflation, and a possible recession on the other.

Wouter Geerts | 1 year ago

Hotels

Hilton Grand Vacations Sees Inflation Boosting Timeshare Sales

They've got a pitch for you. What's more, you won't enter any commitments by reading this personal preview of their strategy.

Sean O'Neill | 1 year ago

Business Travel

Europe’s Travel Prices Are Finally Falling — What Travel Buyers Are Doing

It’s the first time that prices are cooling off this year, but experts warn this deflation won’t last long with more “correction cycles” to come.

Matthew Parsons | 1 year ago

Travel Agents

The Problem Flight Centre Is Having With Flights

The global tourism recovery is starting, but the Australian travel agency that came to be 40 years ago on airline bookings feels left out, being stuck with carriers reducing their commissions and a population still reluctant to book overseas vacations like they did in 2019.

Matthew Parsons | 1 year ago

Airlines

Ryanair Posts Record Profit Thanks to Pent-up Demand

Even as costs have been soaring, Ryanair has managed to swing back to profit. Clearly, CEO Michael O’Leary was right when he said he has this pandemic mess all worked out.

Conor Humphries, Reuters | 2 years ago

Online Travel

MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class

Having narrowed its net loss in its fiscal second quarter, MakeMyTrip's bet to concentrate on India's hinterlands seems to have paid off as the online travel agency noted that a major part of its new traffic came from smaller cities.

Peden Doma Bhutia | 2 years ago

Skift Meetings

How to Combat the Rising Cost of Meetings

Skyrocketing costs are putting unprecedented pressure on meeting and event professionals to stay on budget and still produce successful events. However, there are ways to alleviate the added costs.

2 years ago

Travel Booking

Mastercard’s Weak Forecast Overshadows Upbeat 3rd Quarter Boosted by Travel

While credit card companies continue to benefit from the travel rebound, Mastercard's earnings call might be a reality check for industries that rely on discretionary spending.

Manya Saini and Niket Nishant, Reuters | 2 years ago

Tourism

Americans Not Deterred by Higher Travel Prices: New Skift Research U.S. Travel Tracker

High season ... what high season? In September, 57 percent of Americans traveled, 10 percentage points higher than last September. The normal fall slump after the summer months did not occur, highlighting how the vacation season is being stretched as demand — and prices — remain high.

Wouter Geerts | 2 years ago

Hotels

Accor Aims to Combat Inflation With Pricing Power

Europe's biggest hotel group believes it will be able to overcome inflation through strong pricing power as guests are still showing they are willing travel at any cost. So far, so plausible, at least in the short term.

Sean O'Neill | 2 years ago

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Articles tagged “inflation”