The U.S. travel industry will see a full recovery in Chinese and Japanese tourism by 2026 — one year earlier than previously projected, according to the U.S. National and Travel Tourism Office’s latest annual forecast released Tuesday.
17.04.2024 - 21:47 / skift.com / Travel Experiences / Jesse ChaseLubitz
The latest consumer spending data from GetYourGuide reveals a surge in demand for unique travel experiences and activities that align with personal passions.
The report analyzes booking data from millions of travelers and highlights a significant shift in travel priorities. Here are the key takeaways:
Travelers are prioritizing experiences over traditional sightseeing. Nearly all travelers (90%) plan to spend the same or more on activities in 2024, and experiences are now the leading factor when choosing a destination (reported by 98% of travelers).
The hottest travel destinations are no longer just about iconic landmarks. Cities like Fajardo, Puerto Rico (up 419% in bookings by American travelers) and Hoi An, Vietnam (up 284% globally) are experiencing a boom, likely due to their unique cultural offerings and adventure opportunities.
Travelers are venturing beyond the usual suspects. This year’s top trending tours include the Sagrada Familia in Barcelona, kayaking through El Yunque Rainforest in Puerto Rico, and even a hot air balloon ride over Interlaken, Switzerland.
GetYourGuide identifies a new breed of traveler – the “Explorer” – who spends more on experiences, takes longer trips, and travels more frequently. These high-value vacationers are fueling the experience economy.
The U.S. travel industry will see a full recovery in Chinese and Japanese tourism by 2026 — one year earlier than previously projected, according to the U.S. National and Travel Tourism Office’s latest annual forecast released Tuesday.
Cruise vacations are a wonderful way to visit multiple destinations in one trip and unpack only once. And while cruises may not give people multiple days in each destination, it acts as a sampler for people to discover new places that they may possibly want to return to later.
Earlier this week, Jefferies CEO Rich Handler sold $65 million worth of stock in the investment bank — enough to warrant a press release — partly to buy a yacht from his friend and client, hospitality billionaire and Houston Rockets owner Tilman Fertitta.
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in the UAE, with new records achieved across key metrics including the sector’s GDP contribution, jobs and visitor spend.
Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), is thrilled to announce its continued partnership with the Tourism Authority of Thailand (TAT) for the fourth consecutive year, showcasing the unparalleled beauty and charm of Thailand as a premier travel destination. Building upon the success of their previous collaborations, Wego and the Tourism Authority of Thailand are once again teaming up to promote Thailand’s diverse attractions, rich culture, and breathtaking landscapes to travelers worldwide. Through this strategic partnership, Wego aims to inspire travelers to explore the wonders of Thailand and experience its unique blend of tradition and modernity.
Actress Samantha Pauly is starring as Jordan Baker in the hot new Broadway musical “The Great Gatsby,” based on the famous F. Scott Fitzgerald novel. The show opened April 25th.
Before joining TPG in 2021, I was a newbie to the world of points and miles. Despite traveling frequently throughout the previous decade, I was oblivious to the benefits of loyalty programs or how straightforward it could be to earn points or miles for airfare and hotel stays.
Klook, a leading platform for travel experiences in Asia, signed a letter of intent with the Tourism Authority of Thailand to boost experiences in the country. The company is hoping to double the number of bookings it has for tourism packages to Thailand this year.
It’s inevitable: Every spring when we pull together the Hot List, our annual collection of the world’s best new hotels, restaurants, and cruise ships, a staffer remarks that this latest iteration has got to be the best one ever. After a year’s worth of traveling the globe—to stay the night at a converted farmhouse in the middle of an olive grove outside Marrakech, or sail aboard a beloved cruise line’s inaugural Antarctic voyage—it’s easy to see why we get attached. But this year’s Hot List, our 28th edition, might really be the best one ever. It’s certainly our most diverse, featuring not only a hotel suite that was once Winston Churchill’s office, but also the world’s largest cruise ship and restaurants from Cape Town to Bali. We were surprised and inspired by this year’s honorees, and we know you will be too. These are the Hot List hotel winners for 2024.
What are the best airlines to fly? As the world emerges from the turbulence of the global pandemic, the airline industry is navigating a new landscape marked by shifting consumer expectations, evolving safety protocols and fluctuating economic conditions. Against this backdrop, travelers are weighing factors beyond mere ticket prices as they choose the best airlines to ensure a smooth and enjoyable travel experience.
Get ready for the Battle of the Cruise Ship Giants out of Miami.
China, the world’s largest outbound tourism market prior to the pandemic, is expected to continue making substantial progress in its recovery this year.