Travel and Leisure: Planning for Reopening in a Post-Covid-19 World Bain & Company

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.

• The travel and hospitality industry has been through a remarkable period of disruption.
• Travel + Leisure Group offers a suite of services that bring together the trusted expert multi-platform content of Travel + Leisure, including licensed and branded consumer products.
• For more details on our upcoming events, including links for registration, refer to our Events Page.
• We offer syndicated/off-the-shelf and custom market research reports covering Travel & Leisure industry.
• As travel markets adapt to a ‘new normal,’ a robust portfolio review is necessary in order to optimise operations, sharpen focus on core activities, and consider divestment or retrenchment in others.

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 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.

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.

Would highly recommend your travel plans to anyone looking for a great time away. Learning Discover courses and other experiences that bring out what’s best in you, the people around you and your entire organization. Self-catering and small format accommodations that allow travelers to socially distance are beginning to recover.

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While brick-and-mortar travel agencies lost ground to OTAs, some consumers still prefer face-to-face support when booking trips. As well as analyzing the state of such businesses, this market also looks at the online presence of travel agencies and tour operators. It includes the segments cruises, travel destinations, holiday activities, online travel market, tour operators, and travel agencies.

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.

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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. Robust data-driven reporting will enable a fast response to changes and prevent profit leakage. Travel operators are preparing for a busy summer, fuelled by an accumulation of demand from leisure customers and business travellers. Though global tourism is still a far cry from pre-pandemic levels, it rose by 4% in 2021, according to the United Nations’ World Tourism Barometer. Moreover, almost two-thirds of tourism professionals predict greater gains in 2022, despite concerns over new COVID-19 variants and inflationary pressure on disposable income.

He is a co-founder and Chief Investment Officer in Starfunds – fintech, an independent fund distributor offering robo-advisory solutions. His most recent research focuses on empirical asset pricing via machine learning. Our travel, hospitality and leisure consultants can help you develop your next generation of leaders with customized, high-impact learning journeys.

We’re proud and humbled to donate communications expertise to our chosen pro bono partner,Black Travel Alliance, in support of our joint mission of ensuring equal representation of POC within the global tourism industry. Together, we can help destinations and travel brands achieve inclusivity goals while strengthening external and internal diversity efforts. Assessment & Succession Identify the talent you need compared to the talent you have and discover how to close the gaps. Talent Acquisition Attract and retain the right people at every level of your organization by leveraging our scientific research and practical experience.

This is based on anonymous employee reviews submitted on Glassdoor. I truly enjoyed a lovely holiday in Maldives and it was mezmerising. Travel & Leasuire Travel industry leaders, learn how to understand the feelings behind customer behaviors and how to rebuild consumer trust amid COVID-19.