reports

IHG’s Q3 Business Travel Revenue Recovered To Pre-COVID Levels

In a quarterly financial update given Friday, IHG Hotels & Resorts revealed that its third-quarter (Q3) business travel revenue in the Americas region had climbed back to 2019’s pre-pandemic levels. The IHG portfolio consists of 17 hotel and resort brands—including names well-known to American consumers—such as InterContinental, Kimpton, Six Senses, Crowne Plaza, Holiday Inn and …

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Psychology Suggests Spontaneous Travel Trend Increases Happiness

It seems that Americans are becoming accustomed to travel’s unpredictability during the pandemic, as many are now embracing this era of uncertainty and exhibiting highly spontaneous behavior when heading off on their getaways. Since, over the past two-and-a-half years, the effects of COVID-19 forced travelers to be more flexible in their plans and book their …

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Travel Insurance Market To Grow Beyond $32 Billion By 2026

Today’s tourism resurgence is contributing to the growth of the global travel insurance market, according to The Business Research Company’s newly released ‘Travel Insurance Global Market Report 2022’. It only makes sense that increases in travel itself and trip insurance would go hand in hand. Travel insurance companies complement the tourism sector by offering travelers …

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Economy Overtakes COVID-19 as Obstacle To Business Travel’s Recovery

While the leisure segment has been the first to really bounce back from the massive blow the travel industry suffered at the hands of COVID-19, business travel, it seems, is slowly climbing back also. Yet, this type of travel today faces new and different obstacles to complete recovery, mainly caused by global economic conditions, Business …

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