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Enabling innovation and investment in sustainable tourism: the role of EU’s environmental labels

Enabling innovation and investment in sustainable tourism: the role of EU’s environmental labels

Europe is setting the pace in the transition towards a more sustainable, carbon-neutral future. And our travel and tourism sector is second to none. These twin advantages uniquely position the continent to become a global leader in sustainable tourism. This article examines the challenges faced by the travel industry as it seeks to make a …

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ChatGPT, Generative AI, and the Future of Business Travel

ChatGPT, Generative AI, and the Future of Business Travel

  ChatGPT, Generative AI, and the Future of Business Travel Since early 2023, ChatGPT has dominated the conversation in technology. Many have described this new AI tool as a “seismic shift” and “the biggest thing since the Internet.” To demonstrate the capability of ChatGPT, most of this article was generated by ChatGPT. All sections that …

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Enabling innovation and investment in sustainable tourism: the role of EU’s environmental labels

Enabling innovation and investment in sustainable tourism: the role of EU’s environmental labels

Europe is setting the pace in the transition towards a more sustainable, carbon-neutral future. And our travel and tourism sector is second to none. These twin advantages uniquely position the continent to become a global leader in sustainable tourism. This article examines the challenges faced by the travel industry as it seeks to make a …

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Cost vs Conscience: Booking.com Delves into the Dilemma Dividing Sustainable Travel in 2023

Cost vs Conscience: Booking.com Delves into the Dilemma Dividing Sustainable Travel in 2023

76% of travelers say they want to travel more sustainably over the coming 12 months, while the same amount say the global energy crisis and rising cost of living is impacting their spending plans Nearly half (49%) of travelers believe more sustainable travel options are too expensive, in contrast to 43% willing to pay extra …

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McCarthy slams Biden in handling of US debt

McCarthy slams Biden in handling of US debt

House Speaker Kevin McCarthy traveled to Wall Street on Monday to deliver a fresh warning that the House GOP majority will refuse to lift a cap on government borrowing unless Biden agrees to spending cuts that would effectively neutralize his domestic agenda…Read More

McCarthy slams Biden in handling of US debt

McCarthy slams Biden in handling of US debt

House Speaker Kevin McCarthy traveled to Wall Street on Monday to deliver a fresh warning that the House GOP majority will refuse to lift a cap on government borrowing unless Biden agrees to spending cuts that would effectively neutralize his domestic agenda…Read More

Travel Advocates Share New Trillion-Dollar Impact Figures with Policymakers

Travel Advocates Share New Trillion-Dollar Impact Figures with Policymakers

WASHINGTON – At $1.2 trillion, direct spending on travel in the United States in 2022 was on par with pre-pandemic figures, according to new data released today by the U.S. Travel Association—reflecting the industry’s essential contributions to the American economy. “Travel rebounded strongly in 2022 thanks to robust demand for domestic leisure travel,” said U.S. Travel …

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STR Reports Seasonal Momentum Shifting in U.S. Hotel Performance

STR Reports Seasonal Momentum Shifting in U.S. Hotel Performance

The top hotel markets in this STR U.S. update show a seasonal momentum shift from traditional winter/spring break hotspots to a broader range of destinations with increasingly travel-friendly climates. For the four weeks ending 15 April 2023, recovery growth across a range of industry indicators took a small backstep, with occupancy (64.1%) falling 0.7 percentage …

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