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Why Marriott, Hilton and Hyatt say hotel prices are only going up

Despite high inflation, a softening economy, and fears of a recession, the hotel industry is not seeing any slowdown. It’s the exact opposite, with Hilton CEO Chris Nassetta predicting that the hotel chain will “have the biggest summer we’ve ever seen in our 103-year history this summer.” Few industries were hit as hard as travel […]

By : ILIAS ELABDI Date : June 11, 2022 Category : Travel News & Insights Comments :
Beach house inventory is up, prices are down

The rental market in the Hamptons is facing an unexpected chill this summer. After two years of strong demand and soaring prices, the supply of rentals in the Hamptons is surging, leading to a wave of last-minute price cuts. Median rental prices in the first quarter fell 26%, according to Jonathan Miller, CEO of Miller […]

By : ILIAS ELABDI Date : June 5, 2022 Category : Travel News & Insights Comments :
Gas prices and inflation overtake Covid as top travel worry

After more than two years of largely staying home due to the pandemic, most Americans are ready to hit the road. Yet inflation and record-breaking gasoline prices are weighing on would-be vacationers, even more than Covid concerns, according to a report by Morning Consult. Roughly 60% of Americans said they would take more trips this […]

By : ILIAS ELABDI Date : June 5, 2022 Category : Travel News & Insights Comments :
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound

An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their way out of two bruising pandemic years are now facing the most expensive jet fuel costs in more than 13 years. Russia’s invasion […]

By : ILIAS ELABDI Date : March 7, 2022 Category : Travel News & Insights Comments :
How much does it cost to charter a flight? New flyers share prices

Private air travel is prospering under the pandemic. In fact, interest is so high that many private jet companies have a different problem of their hands: keeping up with demand. Private aviation company VistaJet said new memberships for the first half of 2021 are up 53% compared to 2020, with Europe bringing in the greatest […]

By : ILIAS ELABDI Date : December 5, 2021 Category : Travel News & Insights Comments :
Where to travel to avoid crowds and high prices? See the list

Many Americans are seeking quiet, secluded trips to the great outdoors this year — only to find millions of others are doing the exact same thing. Travelers hoping to avoid the throngs in cities and theme parks are finding themselves among record numbers of visitors to national parks and coastal destinations.  Americans searched for national […]

By : ILIAS ELABDI Date : July 20, 2021 Category : Travel News & Insights Comments :
As travel demand surges and prices rise, 7 saving tips for this summer

Erik Isakson | Tetra images | Getty Images 1. Road trip it The best way to save money is to drive your own car to your destination, Staab said. To find the cheapest fuel prices during your road trip, he suggests downloading the GasBuddy app. 2. Don’t wait until the last minute Staab anticipates the […]

By : ILIAS ELABDI Date : June 12, 2021 Category : Travel News & Insights Comments :
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