Articles tagged “economy”

Call it the WhatsApp travel economy: like the messages, the travelers are invisible to everyone outside the conversation.

Hilton CEO Chris Nassetta said that over 30 years, the U.S. has allowed its share of global inbound tourism to collapse. Regaining ground in the global race for visitors could boost jobs.

Rather than chasing attention with traditional ads, Ibis is doubling down on entertainment. “The Go Getters” shows how social-first, episodic storytelling can help hospitality brands build relevance and brand affinity with younger travelers.

Delta was first to recognize that premium demand would become the industry’s profit engine. But United has been aggressive at expanding premium capacity — and is closing the gap quickly.

Management's tone during Thursday's earnings call betrayed an uncomfortable truth: September caught Wyndham off guard with a sharp deterioration in hotel demand in a few U.S. Sunbelt states and in China.

Wyndham's cut to its forecast is modest, at about 2%. But it's notable that Texas, Florida, and California showed particularly soft results, as well as China, during the third quarter.

Hilton's CEO outlined ways that AI could make it more cost effective to run his hotel business. Easier said than done, of course.

Delta CEO Ed Bastian said the top earners in the U.S. were continuing to spend, despite previous concerns over the economy slowing down.

Today: Southwest launched its Getaways vacation packages, business travelers face rising frustration from fragmented booking systems, and the travel industry is watching the Fed’s Jackson Hole retreat closely.

The travel industry could get a nice boost from lower rates: Think more deals, more investment, and more spending by travelers.