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Articles tagged “travel spending”

Business Travel

Business Travel Is Essential But Constrained: New Skift Research

Business travel spending is unlikely to reach 2019 levels in the near future as corporations are implementing stringent travel policies and the availability of video conferencing options is expected to displace a share of business traffic.

Business Travel Is Essential But Constrained: New Skift Research

News Blog

U.S. Traveler Spending Abroad Reached Nearly $16 Billion in January, a New High

Americans traveling abroad spent over $15.8 billion on travel to, and tourism-related activities within, other countries in January, more than any single month prior to the pandemic, according to the National Travel and Tourism Office. International visitors spent over $14.7 billion in January on travel to, and tourism-related activities within, the U.S., causing the U.S.…

News Blog

International Travelers to the U.S. Spent Over $160 Billion Last Year, Nearly Double From 2021

International inbound travelers spent nearly $163 billion on U.S. travel and tourism-related goods and services in 2022, up 96 percent from 2021, according to the National Travel and Tourism Office’s latest monthly data. On average, international travelers spent more than $445 million a day in 2022. The month of December saw international spending on travel…

News Blog

European Travelers Won’t Slash Trip Budgets in First Half of 2023: European Travel Commission

Despite rising household expenses, nearly 60 percent of European travelers won’t cut back on traveling or spending on trips in the next six months, according to a survey by the European Travel Commission. The commission surveyed over 6,000 European travelers in December 2022 who took at least 2 overnight trips during the last three years.…

Short-Term Rentals

Vacasa Slashes Workforce and Other Top Stories This Week

In Skift's top stories this week, Vacasa makes another round of layoffs, Accor's CEO defends its major corporate overhaul, and more Americans plan to cut travel spending.

Vacasa Slashes Workforce and Other Top Stories This Week