Travel Industry News - Trends

Results from a new survey of unmanaged business travelers in Best Western’s loyalty program, Best Western Rewards®, provide further indication that the effects of the recession are easing and that more people plan to hit the road for business again in 2010. - More

HotelsCombined reports the top 10 domestic and international travel destinations for German residents in 2010. Statistics are based on the Web site's current booking leads for the upcoming year. Berlin and Hamburg top the list for domestic destinations while New York and London rank highest for international destinations. - More

Changes in Consumer Consciousness about Environment, Culture, and Interconnectedness Are Creating New Modes of Travel - More

World GDP fell by 2.1% in real terms, with developed economies - a major source of demand for Travel & Tourism - the most severely affected. Households curtailed leisure travel plans, substituting lower-cost short-haul and domestic travel for more expensive long-haul trips, and corporations reduced business travel budgets. - More

When the acclamation has faded should the cheerleaders be reminded that February 2010 is (5.3%) off where it was in 2008? - More

New Study Finds That Enterprises Are Beginning to Look at Expense Management Strategically - More

The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion (compared to the US$5.6 billion loss forecast in December 2009). The improvement is largely driven by a much stronger recovery in demand seen by year-end gains that continued into the first months of 2010. Relatively flat capacity translated in... - More

Travel professionals report a confident outlook and see an increased role for service, technology, and specialization to serve the needs of future travelers - More

Online Luxury Hotel Deal Expert's Annual Survey Reveals Preferences, Travel Booking Practices and Most Sought-After Destinations of More Than 6,000 Travelers - More

As the recession sapped demand for travel, hotel operators got creative. They shut down restaurants, closed floors and even cut back on newspaper delivery to ride out the downturn. - More