Travel + Leisure CEO: We Can Make $12 5 Billion Off Timeshare Owners
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.
- The leisure traveller will turn to friends, family and online reviews for recommendations.
- Added to the enthusiasm, the Federal Reserve’s Beige Book survey showed