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Travel and Leisure Industry Market Research Reports, Analysis and Trends

Secret Bay has been named Travel and Leisure’s No #1 Resort for the region which includes the Caribbean, Bermuda and The Bahamas for 2022. The resort topped the World’s Best Awards reader’s survey for the second time in three years in the region. In June this year, Dominica earned the title of #1 Island in the Caribbean, securing the number one ranking in its debut in the prestigious travel and leisure World’s Best Awards which focussed on the areas including the Caribbean, Bermuda and The Bahamas.

  • Last decade experienced an exponential growth in outbound travelers with the number of international travelers across the globe crossing over 1.4 billion departures in 2018.
  • The Harvest Travel & Leisure Index ETF provides investors with exposure to the long and short-term growth trends we see in the travel and leisure space.
  • Now that business travel is becoming more common, many business travelers are taking the opportunity to blend leisure travel with corporate travel.
  • If your business trip gets canceled, you’ll want to make sure you can get refunded for the leisure portion of your bookings.
  • These resorts and restaurants are doing it right — with the help of some adorable baby iguanas.

This scenario changed drastically in 2020 as the pandemic disrupted the cruise market. For instance, TUI AG’s global revenue from the cruises segment roughly halved in 2020 over the previous year. On the city’s eastside, you’ll find the Carver Community Cultural Center,founded in 1918 as a community center for African Americans. The University of Texas’sInstitute of Texan Cultures in HemisFair Park has galleries describing the immigrant experiences of the many ethnicities living in modern-day Texas. The campus hosts the Texas Folklife Festival, celebrating the music, dance, and food of more than forty cultures from Syrian to Congolese.

The total value of the development is estimated at USD 150 Mn, with Barceló investing USD 30 Mn for a stake of 33.33% shares of Bodufaru Beach Resorts Ltd. Apart from the shareholder agreement, Barceló Hotel Group entered into a management agreement to manage 5 leisure properties in Sri Lanka and Maldives. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

Cumulative Growth $10,000 Invested

We are the most creatively awarded consultancy in our industry, and our sector is responsible for Ketchum’s most awarded PR-led campaign. From representing destinations, airlines, attractions, recreational activities, entertainment offerings and everything in between, clients rely on us to break through the sea of sameness and shift perspectives to attract and retain the right audiences. The leisure travel industry is comprised of several different sub-industries that make up the various aspects of traveling for pleasure or leisure. These leisure travel sub-industries include transportation and lodging, as well as any reservations and packages for tours and other entertainment and recreation activities one participates while traveling. Entertainment consists of any activity that provides the general public with pleasure during their leisure time. These activities may include watching television, attending a theatrical or performance or the opera, going to the movies, attending a sporting event, and playing a variety of board games or video games.

Stress-free travel with easy access to foreign currency peek balance, exchange currency, card overseas setting, travel insurance, travel spending and tips. All new TravellerShield Plus customers, including your little ones who are unvaccinated, will receive automatic COVID-19 coverage. Now enhanced with Covid-19 coverage for flights commencing in Singapore and overseas hotel bookings, subject to T&Cs.

It’s full of stunning art and enticing food

Conferences and events, with large groups and gatherings of people, will need to be revisited in order to effectively recover. Past performance is no guarantee of future results and no representation is made that an investor will or is likely to achieve results that are similar to those of KSL Capital Partners’ previous funds. This resource presents a multi-national journey through well-known, little-known and far-flung destinations unlocked for the average traveller between 1850 and the 1980s. First sales in the timeshare orbit are typically low in margin due to all the accompanying sales incentives. The second and third sales or upgrades are where the profit margins really begin to kick in. That upgrade food chain can even chart a path to billions of dollars in untapped sales.