Articles tagged “mckinsey and company”

Announcements

Accelerating the Transition to Net Zero Travel: New Skift-McKinsey Research

There is a lot of talk, and a lot of good intentions. Despite this, many travel companies are struggling to put net zero targets into practice. A new report by Skift Research, in partnership with McKinsey & Co., provides four strategies for travel companies to put words into actions.

Accelerating the Transition to Net Zero Travel: New Skift-McKinsey Research

Tourism

Defining the New Chinese Tourist

Even as a McKinsey report deciphers key trends in China’s tourism market this year, the million-dollar question of when the world will get to welcome back Chinese tourists remains largely unanswered. That means a new type of Chinese tourist is opting for deeper local culture experiences.

Defining the New Chinese Tourist

Coronavirus

What Endemic Covid Means for Travel in Asia

In a region of the world out front in shifting away from pandemic status, the formula is quite easy to figure out, for now: Endemic = less restrictions = more tourists = faster travel recovery = stronger economy.

What Endemic Covid Means for Travel in Asia

Airlines

Flying Taxis Face Steep Regulatory Hurdles

The orders for electric vertical takeoff and landing vehicles, or eVTOLs, are coming in, but a mix of regulatory, technical and even social challenges means it could be several more years before they really take off.

Flying Taxis Face Steep Regulatory Hurdles

Business Travel

A Gloomy Corporate Travel Prediction for Hedge Funds and Tech Firms

A McKinsey partner has warned "digital adopters" may never see the point in returning to business travel as we used to know it.

A Gloomy Corporate Travel Prediction for Hedge Funds and Tech Firms

Business Travel

Co-Working Giants Turn to Franchising Model in Era of Remote Work

WeWork and IWG will vie for an “asset light” future to recover after the pandemic. And with that, branding becomes even more important in the world of work.

Co-Working Giants Turn to Franchising Model in Era of Remote Work

Coronavirus

The Biggest Challenge to the Recovery of Hotels in 2021

Leisure travelers proved there was pent-up vacation demand once travel restrictions lifted. Hotel owners need the corporate travel and events sector to follow suit in 2021.

The Biggest Challenge to the Recovery of Hotels in 2021

Business Travel

Corporate Travel’s Downturn Will Deliver This Financial Blow Across All of Travel

Billions of dollars in revenue are at stake next year, even once a dire 2020 is out of the way.

Corporate Travel’s Downturn Will Deliver This Financial Blow Across All of Travel

Coronavirus

All U.S. Hotel Sectors Saw a Profit in July — Yes, Really

Hoteliers shouldn't get used to good news. U.S. full-service hotels may have seen a very slight average profit per room in July, but the peak summer travel season is fading — and the pandemic still isn't under control.

All U.S. Hotel Sectors Saw a Profit in July — Yes, Really

Coronavirus

Travel Companies Struggle With Chaotic Surges in Bookings When Restrictions Lift

Living with haphazard spikes in travel bookings is the new abnormal. Few brands are ready. But those that are prepped will take market share.

Travel Companies Struggle With Chaotic Surges in Bookings When Restrictions Lift