Tourism News

Travel Megatrends 2017: Overtourism Goes Mainstream

A global surge in tourism, driven by the growth of low-cost carriers and middle class families across the world who are beginning to vacation abroad, has had deep ramifications for the world’s most popular destinations. Some have tried to manage tourism by limiting the ability of tourists to stay in cities or pushing less popular areas as bona fide tourist destinations. The jury is still out on whether these destinations will be able to effectively manage tourism, or will continue to struggle in the face of mounting backlash from their citizens.

Understanding Disney’s Domestic Hotel Strategy

Disney's unique theme park experience gives the company strong pricing power in the U.S., allowing Disney to consistently raise ticket prices above the inflation rate while growing attendance at the same time. By owning hotels on its properties, Disney is able to maintain an immersive experience, leading to high occupancy rates and steady growth in spending per room. The theme parks feed the hotels with guests and the hotels reinforce the park experience. This has, and will continue to be, a lucrative cycle for Disney.