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Articles tagged “inflation”

News Blog

International Business Travel Unlikely to Recover Until 2026 — Report

Despite the euphoria around the return of international business travel, a data analytics firm has predicted a gloomier outlook. GlobalData has said it is unlikely to recover until at least 2026. It’s singled out the complexity of business travel, which it said still faces several added layers of complexity that affect consumer behaviour, purchase decisions,…

Matthew Parsons | 2 years ago

Online Travel

Chase Bank Tees Up Consumer Travel Portal and More Top Stories This Week

In Skift's top stories this week, Chase pushes further into travel as a commerce category, investors view Instagram as a bigger platform for selling travel, and Qatar may be forced to prioritize World Cup fans over other visitors.

Mary Ann Ha | 2 years ago

Chase Bank Tees Up Consumer Travel Portal and More Top Stories This Week

Business Travel

Inflation Be Damned as Companies Encourage Travel No Matter What

Pent-up demand seems to be trumping any worries that businesses might have over rising travel costs, which isn't your typical pre-pandemic trait. But a clash with tourists this summer might put the brakes on spending.

Matthew Parsons | 2 years ago

Inflation Be Damned as Companies Encourage Travel No Matter What

Online Travel

The Possible Ramifications of Google’s Breakup and Other Top Stories This Week

In Skift's top stories this week, a breakup of Google’s advertising businesses could have significant ramifications for travel, U.S. travelers are more worried about surging prices than Covid, and Phoenix is the first testing site for Waymo's driverless cars.

Mary Ann Ha | 2 years ago

The Possible Ramifications of Google’s Breakup and Other Top Stories This Week

Airline Weekly

IndiGo CEO Fears Demand Will Fall as Fares Rise to Match Fuel Costs

Demand has rebounded from its pandemic lows, and is even up in some segments for IndiGo. But demand may be adversely impacted as the airline tries to raise fares to cover higher fuel costs.

2 years ago
IndiGo CEO Fears Demand Will Fall as Fares Rise to Match Fuel Costs

Tourism

U.S. Travelers More Concerned About Costs Than Covid for First Time Since Pandemic

Americans are now saying that financial factors trump health and safety worries when it comes to travel decision-making. While some are staying home because they can't afford it, those determined to travel are finding ways to work around higher prices.

Mary Ann Ha | 2 years ago

U.S. Travelers More Concerned About Costs Than Covid for First Time Since Pandemic

News Blog

Inflation Concerns Likely To Push People to Domestic Trips: New Data from Tripadvisor

One of the biggest concerns for the global travel industry's recovery coming out of the pandemic lows has been inflation and how it would affect people's intent to travel. While summer looks like it will be a big one for the travel industry, here is some early survey data from Tripadvisor that people are willing…

Rafat Ali | 2 years ago

Business Travel

Radisson CEO Unveils Europe Strategy, Knocks Rivals With Cookie-Cutter Hotels

Federico Gonzalez argues lifestyle hotels aren’t just for the well-heeled, and rivals are “punishing” guests with poor design. But it may be a challenge to roll out so many properties and keep them feeling unique.

Matthew Parsons | 2 years ago

Radisson CEO Unveils Europe Strategy, Knocks Rivals With Cookie-Cutter Hotels

Tour Operators

TUI Aims to Return to Profits Off High Prices and Strong Demand

Only the CEO of the world's largest tour operator could see the upside in rising oil and gas prices, as Fritz Joussen warns there won't be any cheap deals to be had this year.

Zuzanna Szymanska, Reuters | 2 years ago

TUI Aims to Return to Profits Off High Prices and Strong Demand

Travel Booking

Travelers Plan to Spend Big on International Travel This Summer: New Report

Pent-up demand for international travel seems unstoppable as tourists refuse to slow down regardless of the travel industry's ongoing anxiety concerning rising prices.

Mary Ann Ha | 2 years ago

Travelers Plan to Spend Big on International Travel This Summer: New Report