Online Travel Agencies: Putting A Price on Trust
Investment in the travel industry at large is on the rise, and not without good reason. The travel sector is growing 50% faster than the global economy, with one fifth of all jobs created in the last decade being within the industry. Furthermore, investment is forecast to rise by 4.3% per annum in the coming […]
The effects of climate change in retail and hospitality
It’s official: February 2019 was the hottest month on record in Britain, the Met Office has confirmed. With temperatures reaching 21.2°C, it was hard to believe that, a year earlier, the country was facing the “Beast from the East”, with heavy snow and sub-zero temperatures. To put in context, the average temperature in February is […]
PROnounce Media: Data reveals next trends for the travel industry
Media website PROnounce Media has published a press release about our latest article on Travel Industry Trends. “Sustainability, time alone and meaningful experiences are some of the main interests for travellers in the next years, according to research from digital analytics consultancy agency onefourzero. Fleur Hicks, Managing Director of onefourzero, comments: ‘It’s interesting to see that, […]
Travel Industry Trends
As we have recently discussed, the luxury travel market is booming – but the sun is also shining for other segments of the industry. So what’s next for the travel industry, and what should brands and investors pay attention to in the next 12 months and beyond? Here are the main travel industry trends for […]
A sunny outlook for the luxury travel market
Private Equity interest in luxury travel and accommodation in the UK has soared in recent weeks. This month alone, Blackstone made a $4.8 billion offer for high-end hotel property business LaSalle, and French investor Foncière des Régions acquired a portfolio of 14 four-and five-star hotels across the UK for £858m. Earlier this year, Wyndham Worldwide […]
Private Equity and uncertainty: the Catalan independence movement in Spain
The political tug of war between Catalan secessionists and Spain’s central government at the end of 2017 fostered a significant degree of uncertainty for investors and consumers alike. Analysts anticipated that PE houses would exercise caution and consumers would likely reduce their spend in light of the short-term risk engendered by the political crisis. Data […]
Trends and Threats in Travel
If you are managing a consumer fund and travel is not at the top of your considerations, then it might be time to rethink. Not least because the global travel business is expected to boom to $1.6 trillion by 2020, but also because an increasing number of consumers are forsaking high street travel agents and […]
