Travel & leisure industry Financial Times
The Travel + Leisure takeover and accompanying branding overhaul continued Wyndham Destinations’ push into showing it is a company that hasfar more to offer than the stodgy timeshare reputation of yore. There’s more development on the way, including hotels that are already under construction and some that will be soon (a large boutique property—that we can’t name just yet—is slated to break ground late next year). When the Raleigh Convention Center opened in Sept. 2008—bringing with it an influx of out-of-town visitors for meetings and special events—it gave the green light for hospitality businesses to breathe new life into downtown Raleigh. Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Is the managing editor for global features and manages destination, hotel, cruise and product features and news.
- In travel markets that are increasingly defined by new rules and disruption, it is imperative to understand where customers are migrating and build your organisation’s reactivity to short shifts in demand.
- We help to elevate their experience through content and tools that serve them across their entire journey, from dreaming to planning to booking to traveling.
- In recent years the Travel and Leisure market has been hit hard by several unexpected global events.
- Ensuring that Travel & Tourism has a positive impact on the natural environment is a complex and growing priority in the industry.
In the travel industry, Liberty TripAdvisor LTRPA jumped 13.5% while Park Hotels & Resorts PK, TripAdvisor TRIP, and Marriott International MAR gained 12.9%, 9.1% and 7.9%, respectively. Further, the five airlines in the S&P 500 Index rose at least 7.5% with American Airlines AAL and United Airlines UAL Travel & Leasuire leading the way higher, jumping 16% and 14.6%, respectively. Certain links, including links to portfolio company websites, are provided on this website. These links are provided as a convenience and do not imply KSL Capital Partners’ sponsorship or approval of any of these websites or their content.
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HOW TO KNOW WHEN IT WILL BE SAFE TO FLY AGAIN IN COVID-19 ERA
Propelled by our innate curiosity and individual strengths, we are shaping the future of the travel industry together. This brand-new resort just 20 minutes from the airport means sea turtles, dolphins, spiced-gin cocktails and views for days are a short boat ride away. TIME may receive compensation for some links to products and services on this website. At Travel + Leisure, we’re vocal advocates of ditching Thanksgiving and using your time off to travel the world. And this 18-day trip around the world for only $1,263 is a really good reason to… The Orlando Economic Partnership supported the company’s relocation from Parsippany, N.J.
Christensen’s work paved a path for other restaurants and visitor attractions to build upon. Another I-35W closure will make travel tough this weekendAnd things will likely be just as bad when it reopens on Monday. Almost 400 crashes, spinouts as snow hits MinnesotaThe Minnesota State Patrol said 25 injuries were reported in the 5-hour timespan. Minneapolis was recently featured in popular travel site Travel & Leisure, which gives prospective visitors the lowdown on “Everything You Need to Do on Your Next Trip to Minneapolis.”
In the first half of 2022, we have invested in resources and technology, and have brought people together in person for the first time since the beginning of the pandemic. Our leadership development programmes have more than doubled in size and our collective impact is broad and deep. Magazine covers presented at Cover Browser are republished within a fair use context. Each gallery’s images are © by their artist, photographer or publisher. While Qatar is host of the FIFA World Cup and will welcome as many as 1.2 million fans, many of them will stay a short flight away in Dubai – which could end up the tournament’s biggest winner.
Fewer Americans traveled by air in 2021 than before the pandemic, and those who traveled averaged fewer trips. The decline in air travel since 2015 was only among employed adults; there was no change among nonemployed adults. Independent travel is likely to recover more quickly, as people remain hesitant to travel in groups.
One of the world’s most iconic travel brands has been bought by a timeshare company. This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Global M&A industry trends in Consumer Markets M&A activity in the second half of 2022 will be closely tied to how the uncertain economic outlook will impact consumer confidence and spending. Act now to recover Value Creation is your way to a more resilient tomorrow Restructuring and Crisis Business recovery services international regeneration and insolvency professionals help to unlock and enhance the value trapped in underperforming… Self-catering and small format accommodations that allow travelers to socially distance are beginning to recover.
A new island, just off the tip of Cape Point in Buxton, North Carolina, has practically crept up overnight. Those looking to soak in the sun on the Greek island of Mykonos can now do so in Europe’s biggest beachfront pool. The sprawling 22,600-square-foot saltwater pool is located inside SantAnna, a new beach club… If you’re spending he holidays in the Northeast, you’re in for a snowy Christmas. Nothing says “I enjoy the great outdoors” like a Venti Mocha Frappuccino.