Articles tagged “megatrends 2023”

India is projected to surpass China as the world's most populous country later this year. That shift carries huge implications for travel across the globe. Watch our lively discussion in this Skift Megatrends video to get behind the numbers.

A new tier of ultra-luxury has jumped out from the broader commoditized luxury category into a sphere of its own. Brands like Aman and Bvlgari Hotels are catering to the upper echelons of global wealth. As these top-of-the-strata services cost more than ever, an arms race is unfolding for the staff, product, and experience that can keep pace with lofty daily rates and steep checks.

Flexibility and unique experiences are driving renewed interest in timeshares, particularly among millennial and Gen X owners. So, what’s the appeal? It’s about being a member of a vacation club with exclusive perks rather than an owner of a specific property for the same week year after year.

​​As the luxury travel landscape becomes increasingly competitive, destinations are thinking more strategically about how they can showcase the diversity of their nature-based and cultural offerings. For Abu Dhabi, this means spotlighting Saadiyat Island, a vibrant leisure, residential, business, and cultural hub.

As more and more travelers turn to short-form content for trip discovery and inspiration, the stage is set for destination marketing organizations (DMOs) to fully embrace this popular format as the most effective way to engage with today’s audiences.

Integrating wellness into hospitality is nothing new, but doing it in a holistic way that factors in broader sustainability goals and aligns with community values points to a new way forward.

2023 will be the year of AI. To realize its full potential, travel companies need to rethink their entire philosophies around data, analytics, and decision-making.

Travel processing delays will stifle and restrict the international growth and connection ambitions of destinations, tour operators, event planners and other travel practitioners. They will have to adapt to the protracted loss of many markets in Africa, Asia and Latin America.

The travel industry has acknowledged the pandemic led to a surge in people blending leisure with work. Now it’s got to figure out how to unravel the Great Merging to better serve this new and dynamic customer persona.

This year will be one of action for the travel industry on the climate. But don’t expect radical changes, rather incremental steps and greater alignment as the industry attempts to shake off its negative image.