Hilton Grand Vacations Sees Inflation Boosting Timeshare Sales
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Articles tagged “inflation”
Europe’s Travel Prices Are Finally Falling — What Travel Buyers Are Doing
It’s the first time that prices are cooling off this year, but experts warn this deflation won’t last long with more “correction cycles” to come.
The Problem Flight Centre Is Having With Flights
The global tourism recovery is starting, but the Australian travel agency that came to be 40 years ago on airline bookings feels left out, being stuck with carriers reducing their commissions and a population still reluctant to book overseas vacations like they did in 2019.
MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class
Having narrowed its net loss in its fiscal second quarter, MakeMyTrip's bet to concentrate on India's hinterlands seems to have paid off as the online travel agency noted that a major part of its new traffic came from smaller cities.
Skift Meetings
How to Combat the Rising Cost of Meetings
Skyrocketing costs are putting unprecedented pressure on meeting and event professionals to stay on budget and still produce successful events. However, there are ways to alleviate the added costs.
Americans Not Deterred by Higher Travel Prices: New Skift Research U.S. Travel Tracker
High season ... what high season? In September, 57 percent of Americans traveled, 10 percentage points higher than last September. The normal fall slump after the summer months did not occur, highlighting how the vacation season is being stretched as demand — and prices — remain high.
Accor Aims to Combat Inflation With Pricing Power
Europe's biggest hotel group believes it will be able to overcome inflation through strong pricing power as guests are still showing they are willing travel at any cost. So far, so plausible, at least in the short term.
The Cities With the Highest Costs to Co-Work
A snapshot of how much it costs to go flex reveals few discrepancies in pricing, but some telltale signs of where prices could be about to soar.
Yatra CEO Says an India IPO Will Help Finance Future Acquisitions
A listing on the Indian bourses for Nasdaq-listed Yatra would also help the online travel agency to partner with companies who may not have been comfortable with an overseas structure.
Europe’s Hotels Risk Lights Out in Energy Crisis Spawned by Ukraine War
European natural gas prices are roughly ten times higher than a year ago. Hotel owners may struggle to pass on to guests added costs for heat and lights, given that they've already been charging higher than average rates.