Articles tagged “prices”

Tour Operators

TUI Faces ‘Significant’ Costs Due to Boeing Delays

TUI is grappling with operational challenges due to ongoing delays in Boeing aircraft deliveries. But the European tourism giant still produced record revenue for its hotels, resorts, and cruises.

Jesse Chase-Lubitz | 6 months ago

TUI Faces ‘Significant’ Costs Due to Boeing Delays

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.

Rashaad Jorden | 1 year ago

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.

Varsha Arora, Skift Research | 2 years ago

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

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.

Varsha Arora, Skift Research | 2 years ago

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

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

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

Tour Operators

How Long Can Tour Operators Absorb Costs Vs. Prolonged Inflation?

Tour operators believe inflation isn't slowing down travel demand. But they're fighting hard to ensure their sector's recovery won't take a hit if they can't avoid passing on rising costs to consumers with limited travel budgets.

Rashaad Jorden | 2 years ago

How Long Can Tour Operators Absorb Costs Vs. Prolonged Inflation?

Business Travel

Computer Maker Dell Breaks From Conventional Methods of Booking Hotels — For Now

More companies are opting for dynamic and not static pricing because there's little risk of rates getting back to 2019's highs this year. Are airfares next?

Matthew Parsons, Skift | 3 years ago

Computer Maker Dell Breaks From Conventional Methods of Booking Hotels — For Now

Hotels

Why Price-Gouging at Luxury Hotels Could Backfire

There's a danger in the surging average daily rates as travel takes off: Luxury hotels don't have the staff or the ability to live up to inflated rates. This presents a long-term danger to carefully cultivated brands.

Colin Nagy, Skift | 3 years ago

Why Price-Gouging at Luxury Hotels Could Backfire

Tourism

Why a Little Inflation Could Be Good for the Travel Sector

Many people in the U.S. have suddenly become worried about inflation. But experts and executives say the latest price hikes are mostly "good" inflation ... at least as far as the travel sector is concerned.

Sean O'Neill, Skift | 3 years ago

Why a Little Inflation Could Be Good for the Travel Sector

Coronavirus

Chinese Online Platforms View the Great Travel Recovery as a Drawn-Out Process

An unfortunate first-mover in the pandemic, China, in turn, got an early start on its travel recovery. But officials at major travel companies there view a robust bounce back as taking a year or longer — and much of that pace depends on how quickly coronavirus gets neutralized in the rest of the world.

Dennis Schaal, Skift | 5 years ago