Articles tagged “spending”

Tourism

Visa Rides Post-Pandemic Travel Surge

Concerns about an impeding economic slowdown aren't putting a dent in travel demand, and experts except consumer spending on travel to remain strong.

Manya Saini, Reuters | 6 months ago

Visa Rides Post-Pandemic Travel Surge

Business Travel

Ask Skift: Will Business Travel Spending Rebound?

Business travel has hit roadblocks in its path to a full recovery. What is holding it back and will it rebound?

Rashaad Jorden | 7 months ago

Ask Skift: Will Business Travel Spending Rebound?

Tourism

Decline in Chinese Tourist Spending Forces the U.S. to Reassess

Today's edition of Skift's daily podcast looks closer at the U.S.'s Chinese tourist problem, TUI's post-pandemic profite, and Inspirato's inspiration.

Rashaad Jorden | 9 months ago

Decline in Chinese Tourist Spending Forces the U.S. to Reassess

Tourism

Thailand’s Economy Rebound Fueled by Tourism Growth

While the results aren't blockbuster, they point to how Thailand is getting a major economic boost from countries like China and Russia.

Reuters | 10 months ago

Thailand’s Economy Rebound Fueled by Tourism Growth

Tourism

American Tourists Drive UK’s Recovery

Like other European destinations, the UK is benefiting from Americans hungry to travel internationally.

Dawit Habtemariam | 11 months ago

American Tourists Drive UK’s Recovery

Tourism

The Emergence of a New Chinese Traveler: A Skift Deep Dive

Sure, the world has missed Chinese tourists for far too long, but if you are a destination looking for that one elusive answer to what the new Chinese traveler will look like, we recommend you stop now.

Peden Doma Bhutia | 1 year ago

The Emergence of a New Chinese Traveler: A Skift Deep Dive

News Blog

International Travelers to the U.S. Spent Over $160 Billion Last Year, Nearly Double From 2021

International inbound travelers spent nearly $163 billion on U.S. travel and tourism-related goods and services in 2022, up 96 percent from 2021, according to the National Travel and Tourism Office’s latest monthly data. On average, international travelers spent more than $445 million a day in 2022. The month of December saw international spending on travel…

Dawit Habtemariam | 1 year ago

Tourism

Mastercard Warns Travel Demand Will Hit a Peak Slowing Revenue Growth

A looming worldwide recession will likely put a dent in the pent-up demand for travel that many experts had believed wasn't going to decrease in the near future.

Niket Nishant, Reuters | 1 year ago

Mastercard Warns Travel Demand Will Hit a Peak Slowing Revenue Growth

News Blog

Spending by International Visitors to U.S. Rises 57 Percent to $16 Billion 

International visitors spent $15.9 billion on travel to, and tourism-related activities within, the U.S. in November, up 57 percent year over year, according to the National Travel and Tourism Office.  That's an improvement from November 2021, but it's billions of dollars down from international visitor spending in pre-pandemic November 2019, which had $20 billion. From…

Dawit Habtemariam | 1 year ago

News Blog

International Travelers to U.S. Spent $16 Billion in October, a New Recent High

International inbound visitors spent more than $15.8 billion on travel to, and tourism-related activities within, the United States in October, making it the highest monthly level of spending since Covid struck in February 2020, according to the National Travel and Tourism Office.  Year to date international travel spending has accumulated to $129.9 billion, up more…

Dawit Habtemariam | 1 year ago