Articles tagged “wttc”

Southeast Asian countries have a grand vision for visa-free travel, massive infrastructure projects and more airline competition to grow route networks. However, too much bureaucracy and political unrest stand in the way for this to become a reality in the near-term.

All these points are quite basic, but in the chase for bling, brands often forget that they're the building blocks of luxury.

In many destinations, tourism profits are "found" money with no strings attached. That's great for short-term gains, and so very terrible for long-term thinking.

While emerging economies in Asia and Africa will see the greatest business travel increase over the next decade, according to WTTC forecasts, the U.S. and China will remain the largest global business travel markets.

For an industry that's historically averse to conflict, Sorenson's advice may be hard to put into action. But the industry will be complacent at its own peril.

Many U.S. destinations will have a harder time this year convincing international travelers that they're affordable and welcoming. But for U.S. travelers, much of the world is their oyster thanks to a continued strong dollar.

As the world's fastest-growing region for tourism it's a good sign that some Asian countries can expect to see healthy travel and tourism investment during the next 10 years. But a number of factors could alter these projections, particularly the Chinese market, as more global tourism trends are tested in this region.

citizenM gives its guests more for less while "only selling a night of sleep" in an understated fashion, as co-founder Michael Levie put it. Its model can be illuminating for big and small hotels alike in understanding what happens when data and technology are used to their potentials.

As anyone in media knows right now, scale is not always the solution and confidence in what you do well is rarely a bad idea. Hyatt's rethink of both loyalty beyond points and branding beyond the nightly stay will help it differentiate its product.

Hertz's investment in on-demand valet-parking service Luxe should be seen in the context of Accorhotels recently acquiring Onefinestay. Car rental companies and hotels are both feeling pressure from the sharing economy and they will be making more such investments and acquisitions as these startup mature.