Skip to content

Search

Latest Stories

Survey: Travelers are already planning their next vacation

The respondents also plan to meet families, seek experiences

Survey: Travelers are already planning their next vacation

THE SUMMER TRAVEL season is officially over, but travelers in the U.S. already are planning their next vacation for 2022, according to media company Future plc. The company’s readers survey also found renewed interests in new technology and family events as the holidays approach.

Future’s survey of 1,046 readers of its publications, including Marie Claire and Toms Guide, found that 75 percent were thinking about their future travel plans. It also found that 49 percent of respondents say they’re planning their best vacation ever in 2022.


Other survey results include:

  • 79 percent of travelers are more likely to book a specific vacation if was recommended by people with similar interests.
  • Three in 4 respondents will consider investing in new technology to enhance their travel experience.
  • 73 percent of those surveyed said that they plan to reconnect with their passions rather than just relax on their next trip.
  • 46 percent plan to spend more time on their next vacation to make up for lost time this year.
  • Other than on Amazon’s Prime Day, the greatest spike in audiences looking for guidance on the best tech travel products, occurred this month on Oct. 7.

“Future’s audiences are of sufficient scale that we have a detailed understanding not only of their passions and interests but also wider consumer trends, and consumers are ready to hit the road,” said Jason Webby, Future’s chief revenue officer for North America. “Future’s websites reach one in three Americans across the country, and we’re excited to see signals that show people gearing up for travel and recreation. People are ready to reengage with their lives after so much disruption, and it will be good for all of us.”

The survey also found travelers have higher budgets, meaning they will have more money for extras such as food, shopping and finding new experiences. Survey respondents said they are more likely to go on a group holiday together with family members and friends. Future saw that U.S. audiences were most interested in travel-focused content in February, when the company saw a spike in audience interest in travel-related articles.

In late October, a report from Hilton found that, while business travel may be less frequent in the immediate future, it will make a comeback in time. The survey by Hilton and Morning Brew of more than 7,000 respondents also found business travel is likely to be more strategic and purposeful overall as travelers have missed building in-person professional relationships during the pandemic.

More for you

AHLA Foundation expands hospitality education

AHLA Foundation expands hospitality education

Summary:

  • AHLA Foundation is partnering with ICHRIE and ACPHA to support hospitality education.
  • The collaborations align academic programs with industry workforce needs.
  • It will provide data, faculty development, and student engagement opportunities.

THE AHLA FOUNDATION, International Council on Hotel, Restaurant and Institutional Education and the Accreditation Commission for Programs in Hospitality Administration work to expand education opportunities for students pursuing hospitality careers. The alliances aim to provide data, faculty development and student engagement opportunities.

Keep ReadingShow less
Report: Global RevPAR to rise 3–5 percent in 2025

Report: Global RevPAR to rise 3–5 percent in 2025

Summary:

  • Global hotel RevPAR is projected to grow 3 to 5 percent in 2025, JLL reports.
  • Hotel RevPAR rose 4 percent in 2024, with demand at 4.8 billion room nights.
  • London, New York and Tokyo are expected to lead investor interest in 2025.

GLOBAL HOTEL REVPAR is projected to grow 3 to 5 percent in 2025, with investment volume up 15 to 25 percent, driven by loan maturities, deferred capital spending and private equity fund expirations, according to JLL. Leisure travel is expected to decline as consumer savings tighten, while group, corporate and international travel increase, supporting RevPAR growth.

Keep ReadingShow less
Hotel data challenges report highlighting AI and automation opportunities in hospitality

Survey: Data gaps hinder hotel growth

Summary:

  • Fragmented systems, poor integration limit hotels’ data access, according to a survey.
  • Most hotel professionals use data daily but struggle to access it for revenue and operations.
  • AI and automation could provide dynamic pricing, personalization and efficiency.

FRAGMENTED SYSTEMS, INACCURATE information and limited integration remain barriers to hotels seeking better data access to improve guest experiences and revenue, according to a newly released survey. Although most hotel professionals use data daily, the survey found 49 percent struggle to access what they need for revenue and operational decisions.

Keep ReadingShow less
Hyatt Way partnership

Hyatt taps Way for unified guest platform

Summary:

  • Hyatt partners with Way to unify guest experiences on one platform.
  • Members can earn and redeem points on experiences booked through Hyatt websites.
  • Way’s technology supports translation, payments and data insights for Hyatt.

HYATT HOTELS CORP. is working with Austin-based startup Way to consolidate ancillary services, loyalty experiences and on-property programming on one platform across its global portfolio. The collaboration integrates Way’s system into Hyatt.com, the World of Hyatt app, property websites and FIND Experiences to create a centralized booking platform.

Keep ReadingShow less
Report: CMBS delinquency rate hits 7.23 percent in July

Report: CMBS delinquency rate hits 7.23 percent in July

Summary:

  • U.S. CMBS delinquency rate rose 10 bps to 7.23 percent in July.
  • Multifamily was the only property type to increase, reaching 6.15 percent.
  • Office remained above 11 percent, while lodging and retail fell.

THE U.S. COMMERCIAL mortgage-backed securities delinquency rate rose for the fifth consecutive month in July, climbing 10 basis points to 7.23 percent, according to Trepp. The delinquent balance reached $43.3 billion, up from $42.3 billion in June.

Keep ReadingShow less