We're living in uncertain times due to the pandemic, and that means more flexible especially when we travel.
One change that may be permanent is that people are more open to unconventional travel opportunities -- as well as challenges -- when they book their vacations.
Airbnb CEO Brian Chesky explained at Skift Global Forum 2021 that before the pandemic, working, living and traveling had to be three separate activities. But with remote work now more accepted, it can be one and the same.
"This revolution really is about flexibility," Chesky said. "Suddenly, you can live anywhere, you can work anywhere."
It also means travelers are moving from being strict and rigid to being more malleable. A recent Expedia survey showed that half of global travel searches this summer were for 21 days or less. Airlines are also more open to giving refunds with cancellations, even for the cheapest tickets. Travelers, especially those looking for high-end luxury vacations, are simultaneously planning trips to ensure they go on one, a phenomenon known as "travel stacking."
https://skift.com/2021/09/15/new-research-5-trends-from-travels-2021-summer-surge/
"Flexibility is going to be huge in terms of how travel companies spur demand and then put consumer confidence back," Ali told Cheddar.
The Bank of America Institute found that average monthly rent payment growth for the bank's small business clients rose 12% year-on-year.
A driverless ride-hailing car in China hit a pedestrian, but people on social media are taking the carmaker’s side in an AI vs. humans debate.
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in a possible sign of looming rate cuts.
America’s oldest flour company, King Arthur Baking Co., saw a six-fold increase in demand during the pandemic, and baking interest continues to rise.
The surgeon general has said there's a loneliness epidemic in America. For many people, that includes a lack of friendships at work. But there's hope!
The housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for the summer and f
The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting cash.
For 30 years Ira Galtman’s job has been to document how American Express went from an express stagecoach company in New York in 1850, to what it is today.
Air travel got more miserable last year, if the number of consumer complaints filed with the U.S. government is any measure.
U.S. ticked toward more records Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes for interest rate cuts.
Load More