Articles tagged “economy”

How do we navigate these strange recessionary times, even as we are overwhelmed with demand for a blockbuster year so far and a summer travel crush coming?

The U.S. has powered through the pandemic on a blend of welfare Zoloft and equity market Red Bull. The mix has led to inflationary side effects. But travel companies are happy they're regaining some of their pricing power.

Depending on how much of an optimist or realist or pessimist you are these days, you can certainly find your travel industry recovery shape in this one slide from McKinsey here.

In the past, economy hotels have often been constrained in terms of the designs, experiences, and personalized offerings they could provide guests. But ibis is taking steps to prove that economy brands can compete when it comes to experiential offerings.

Our latest Skift Research report provides a look-back on 2018 and details our 2019 economic expectations for the U.S. and globally. All in all, we expect a solid year of economic growth in 2019 which should translate well for the travel industry.

Will there be a recession next year? That seems to be the question on everyone's minds. But the fundamental data and industry management teams tell a story of greater strength heading into next year. Headwinds are rising, but on balance, we expect “steady-as-she-goes” growth.

We think 2018 is setting up to be a solid year for growth in travel, despite lingering uncertainty over the direction of economic, foreign, and political policies around the world. Subscribe to Skift Research to learn more.

Key economic indicators point to a solid 2018 for travel and tourism as long as federal policy changes don't get in the way.

With many global markets showing healthy signs of growth and consumer and business confidence high, we expect the travel industry to benefit from a solid year of macroeconomic growth in 2018.

The bigger questions on everyone’s mind in the hospitality industry: Is the cycle finally turning downward? Are the good times of high occupancies and revenues over? Should hoteliers be worried?