Travelers plan to spend 66% more money traveling this fall than last year, according to recent research. Our first-party data also shows that fall searches are up 40% when compared to last year.
Amanda Holdbrook hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
Although we’ve now surpassed the two-year mark since the start of the pandemic, the past few months have brought on a unique set of challenges, including rising inflation, sky-high fuel prices, and sustained operational and staffing shortages in the travel and hospitality industry. The good news however is that our data shows many positive trends for the travel industry, including an increase in long-haul travel, higher hotel average daily rates, and lower cancellation rates.
Amanda Holdbrook is a Senior Manager of Product Marketing at Expedia Group Media Solutions, where she supports the marketing strategy and rollout of new features and updates of TravelAds Sponsored Listings.
20 months after the world first shut down due to COVID-19, the hospitality industry is looking for ways to continue their path to recovery. Traveler behavior has been unpredictable and hotel occupancy rates have fluctuated: emerging variants, changing government regulations, and inconsistent vaccine availability have all had their impact.