Understanding the difference between business and leisure travellers
Click on each of the sections below to understand how emerging mobility trends could impact the Travel and Leisure sectors in the near, medium and long-term future. 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. Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases. During the years I worked at Travel + Leisure, ownership changed hands twice. Time Inc. bought the brand from American Express Publishing in 2013, and Meredith Corp. acquired Time in 2018. 63% of employees think that Travel + Leisure Co. has a positive business outlook.
The WiHTL & DiR Inclusion Summit was a multi-faceted celebration of diversity and inclusion in the hospitality, travel, leisure and retail sectors. It took place on the 1st November Travel & Leasuire 2022 in the heart of London at the iconic ODEON LUXE, Leicester Square. The in-person event brought together members of our WiHTL and Diversity in Retail Collaboration Communities.
- A short film has been released, capturing a brilliant day of group travel ideas and networking at the 2022 Group Leisure & Travel Show.
- We supply conference & exhibition management and supporting services to national and international associations clients, independent of venue, number of participants or subject matter.
- Overall, leisure tourism spending made up 78.6 percent of total global travel spending in 2019.
- The North Carolina Museum of Natural Sciences—consistently one of the state’s most-visited tourist attractions—opened a new wing, the Nature Research Center, in 2012 .
- Our Portfolio Our Portfolio We’ve helped hundreds of UK business leaders to achieve their goals – and we could do the same for you.
To have a successful business, it is important to understand the needs and wants of your customers. The same principle applies to hotels, understanding the guest differences and preferences of the business and leisure traveler will ensure that they are provided with what they really want. Today’s hospitality and leisure environment is more challenging than ever. Economic uncertainty, changing brand preferences, new technology and the way companies interact with their customers are all driving consumer choice. Wall Street saw smooth trading in the Jul 15 trading session with the S&P 500 climbing nearly 1% and Dow Jones gaining 0.5%.
It’s a statement that’s hard to argue with—the last 15 years in Raleigh have seen a lot of change. Every day, thousands of companies rely on Upland to get their jobs done simply and effectively. This example was shared by one of our partners, Movable Ink in one ofthe Inkredible 5 lookbooks. In an effort to get consumers thinking about their holiday, Virgin Holidays let the difference in weather forecasts do the persuasion.
Financial Services & Investing
There are a lot of businesses relying on the same consumers, and their need for investment support is often overlooked. If you have a stake in this interconnected industry, consider the value-preservation levers shown below, which could help your company survive and recover. The Harvest Travel & Leisure Index ETF provides investors access to a diversified portfolio of large capitalization companies that own or operate travel related businesses. Harvest believes that prior to the pandemic, global travel growth had structural long-term drivers and, in the shorter term, these companies stand to benefit from a resumption in travel following global shutdowns. Travel + Leisure each year asks readers to rate their travel experiences based on things to do, sights to see, natural attractions, food, overall value and more.
While it’s certainly not the card for the average consumer, a business owner with tons of expenses — especially related to travel — will find this card incredibly valuable. This card is similar to the consumer version that Amex offers, but with more business-oriented perks around statement credits and earning rates that are a better fit for business owners. And the pandemic has been an incredible hardship for both the travel and media industries. Skift reported that Meredith Corp. posted a $289 million loss in the third quarter of 2020. But even with vacation club revenue down 44% year-over-year during the same quarter, Wyndham Destinations still reported a $40 million profit across its operations. One of the world’s most iconic travel brands has been bought by a timeshare company.