COMMENTS

  1. How Bad Was 2020 for Tourism? Look at the Numbers.

    Third-quarter revenues for Carnival Corporation, the industry's biggest player, showed a year-to-year decline of 99.5 percent — to $31 million in 2020, down from $6.5 billion in 2019. The ...

  2. Global tourism industry

    In 2022, the global online travel market amounted to as much as 474.8 billion U.S. dollars, a figure that was forecast to exceed one trillion U.S. dollars by 2030. Some of the leading travel ...

  3. What next for travel and tourism? Here's what the experts say

    In 2020 alone, the travel and tourism sector lost $4.5 trillion and 62 million jobs globally. But as the world recovers from the impacts of the COVID-19 pandemic, travel and tourism can bounce back as an inclusive, sustainable, and resilient sector. Two experts highlight some of the key transformations in the sector going forward during the ...

  4. Future of tourism: Tech, staff, and customers

    The industry continues to face a prolonged and widespread labor shortage. After losing 62 million travel and tourism jobs in 2020, ... operational adjustments combined with greater use of technology could provide the tourism industry with a way of overcoming staffing challenges and giving customers the seamless digitally enhanced experiences ...

  5. 2020 Travel and Tourism Industry Impact on the U.S. Economy

    Travel and tourism value added, or GDP, (in nominal terms, not inflation adjusted) declined from $624.7 billion (2.9% of GDP) in 2019 to $356.8 billion (a historic low of 1.7% of GDP) in 2020 .This $267.9 billion decline in travel and tourism GDP accounted for more than half (56.0%) of the overall $478.8 billion decline in U.S. GDP from 2019 to ...

  6. COVID-19 and reimagining the tourism economy

    Governments have generally played a limited role in the industry, with partial oversight and light-touch management. COVID-19 has caused an unprecedented crisis for the tourism industry. International tourist arrivals are projected to plunge by 60 to 80 percent in 2020, and tourism spending is not likely to return to precrisis levels until 2024.

  7. A travel boom is looming. But is the industry ready?

    A McKinsey survey reveals traveling to be the second-most-desired activity among respondents (in first place: dining out). In the United States, air travel has hit two million daily passengers, closer to the prepandemic level of around 2.5 million than to the low of around 90,000, in April 2020. Hotel reservations and rental-car bookings are ...

  8. These are the top travel trends for 2020

    These are 2020's top travel trends: 'microcations,' carbon offsetting, and more. It's less about where you're traveling than how you can travel better. By Jessica Flint. January 03, 2020 ...

  9. The Latest Travel Data (2024-03-04)| U.S. Travel Association

    Sentiment is also growing for upcoming leisure travel in 2024. The share of travelers reporting having travel plans within the next six months increased to 93% in January from 92% in December, according to Longwoods International's monthly survey. Travel price inflation (TPI) fell slightly in January as a result of falling transportation prices.

  10. Travel and Tourism

    Travel and Tourism Satellite Account for 2018-2022 The travel and tourism industry—as measured by the real output of goods and services sold directly to visitors—increased 21.0 percent in 2022 after increasing 53.6 percent in 2021, according to the most recent statistics from BEA's Travel and Tourism Sate

  11. Travel Statistics from 2020: A Summary of Last Year in Tourism

    The Travel & Tourism industry's revenues reached US$348.8 billion in 2020, that is a drop of 52% compared to 2019. (Aksje Bloggen, 2021) In 2019, the Travel & Tourism sector contributed 10.4% to global GDP; a share which decreased to 5.5% in 2020 due to ongoing restrictions to mobility. ( WTTC, 2021)

  12. Travel and tourism in the U.S.

    Find the most up-to-date statistics and facts on the travel and tourism industry in the U.S. ... Premium Statistic YoY monthly change in number of online hotel searches in the U.S. 2020-2023

  13. Economic Impact Research

    WTTC's latest annual research shows: In 2023, the Travel & Tourism sector contributed 9.1% to the global GDP; an increase of 23.2% from 2022 and only 4.1% below the 2019 level. In 2023, there were 27 million new jobs, representing a 9.1% increase compared to 2022, and only 1.4% below the 2019 level.

  14. International Tourism to Surpass Pre-Pandemic Levels in 2024

    Tourism industry direct contribution as share of GDP Malaysia 2013-2022. COVID-19: job loss in travel and tourism worldwide 2020-2022, by region + Premium statistics

  15. Travel Facts and Figures

    State Tourism Office Budget Dashboard (FY 2022-23) An overview of State Tourism Offices (STOs) total funding, funding dedicated to marketing/promotion, other revenue, funding sources and staff breakdowns for FY 2022-2023. Includes changes in funding compared to the prior fiscal year.

  16. The future of the travel industry: Make it better, not just safer

    This desire to build memories, to connect with people, and to see new places drove 1.4 billion of us to travel internationally in 2019. 1 Creating safer travel experiences is now paramount to protect this privilege. Now is clearly a moment of crisis for the travel industry. Available seat miles on US airlines were down 71 percent in April 2020 ...

  17. Tourism Industry Statistics Showing COVID-19's Impact

    Globally, the travel and tourism industry generated $396.37 billion in revenue in 2020. This was a 42.1% decline in growth from 2019. This was a 42.1% decline in growth from 2019.

  18. Top Travel Industry Trends (2024-2027)

    In 2020, hotels began catering to locals who needed a quiet place to work. The Hamilton Hotel in Washington, DC, is just one example. It's WFH-Work From Hamilton program offers rooms on a 6:00 am to 7:00 pm schedule. 5. The travel industry gets serious about sustainability.

  19. 19 Best Travel Credit Cards Of June 2024

    With an unwavering commitment to the global travel industry, Albert served for 20 years as a commercial and marketing leader at Fortune 500 travel companies including JetBlue, China Airlines ...

  20. US business travel is back but it looks different, hotel CEOs say

    Item 1 of 2 An exterior view of New York New York hotel and casino, after MGM Resorts shut down some computer systems due to a cyber attack in Las Vegas, Nevada, U.S., September 13, 2023.

  21. Travel and tourism in Russia

    Premium Statistic Travel industry revenue distribution in Russia 2022, ... Premium Statistic Leading source markets for travel to Russia 2020-2022, ...

  22. The travel industry turned upside down

    The travel industry turned upside down: Insights, analysis, and actions for travel executives. Although the travel industry is no stranger to hardship and has been seriously damaged by the pandemic, we have already seen strong leadership actions that are keeping companies and their people above water while remaining focused on long-term growth.

  23. Travel Apps Industry Report 2024: How Travel and Tourism Companies are

    By 2026, market value is projected to reach $662.63 billion (CAGR 2023-26: 7.98%) as travelers increasingly switch to online travel intermediaries over in-store travel agents.

  24. Air Travel Consumer Report: March 2024 Numbers

    WASHINGTON - The U.S. Department of Transportation (DOT) today released its Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of March 2024 for on-time performance, mishandled baggage, mishandled wheelchairs and scooters, and 1st quarter oversales. The ATCR is designed to assist consumers with information on the quality of services provided by airlines.

  25. Best Travel Credit Cards of June 2024

    Capital One Venture Rewards Credit Card. Bankrate score. 4.9. Bankrate review. Recommended credit score: 670 - 850. Apply now. on Capital One's secure site. See Rates & Fees. Intro offer.

  26. Airline Industry Aims for New Passenger Record in 2024

    Air Travel Faces Long-Haul Flight to Recovery. Air Passenger Traffic. by. Felix Richter , Feb 16, 2022. As international travel came to a near complete standstill in 2020 due to the Covid-19 ...

  27. 50 years ago in Expo history: Arkansas, New Jersey, Missouri, New

    Governors and a Soviet tourism official had their day at the fair Sun., June 2, 2024 (S-R archives)

  28. The state of tourism and hospitality 2024

    Now boarding: Faces, places, and trends shaping tourism in 2024. Global travel is back and buzzing. The amount of travel fell by 75 percent in 2020; however, travel is on its way to a full recovery by the end of 2024. More regional trips, an emerging population of new travelers, and a fresh set of destinations are powering steady spending in ...

  29. Sightseeing tourist flow in Moscow 2020

    Tourist flow in Moscow 2019-2022; Tourism industry growth in Russia 2023, by indicator; Tourist arrivals in Florence 2012-2021; Monthly number of overnight visitors in the city of Madrid 2019-2022

  30. ZodiakTv

    ZodiakTv | Malawi School of Government/MIM - Launch of the Strategic Plan and Logo #zodiaktv