Skift

The Growing Wealth Gap’s Impact on Travel

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Sinopsis

Episode Notes Air travel is breaking records. But a recent Newsweek poll found that 44% of respondents won’t be traveling anywhere in the next three months, while 53% said they would’ve gone on vacation if the cost of living had been cheaper. Meanwhile, luxury hotel occupancy was up 1.8% in the first five months of 2024 while economy hotel occupancy was down 3.4% Next, Marriott has debuted an online travel booking portal for small-to medium-sized businesses. It’s part of the company’s strategy to attract more direct bookings for business travelers, reports Senior Hospitality Editor Sean O’Neill.   Marriott’s new platform will enable users to book hotels, flights and car rentals without having to rely on third-party services such as American Express Global Business Travel. The hotel giant’s business travel model provides customers discounted rates at Marriott properties worldwide as well as access to Marriott Bonvoy loyalty program benefits, among other features.  Finally, the Indigenous Tourism Association of