Wyndham expands into Asia-Pacific with ‘owner first’ business strategy

Wyndham expands into Asia-Pacific with ‘owner first’ business strategy

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Wyndham Hotels & Resorts now has 19 of the company’s 25 brands in Asia-Pacific. The company’s APAC President Ooi Joon Aun told Squawk Box Asia that the company’s success is mainly owing to employing an “owner-first business philosophy” in the region. Read … Read more

Travel is too expensive now — travel demand falls under cost concerns

Travel is too expensive now — travel demand falls under cost concerns

Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. … Read more

Travelers are finally cracking under the pressure of high costs

Travelers are finally cracking under the pressure of high costs

During the second-quarter earnings period, many companies signaled travel demand is expected to drop in 2024. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to … Read more

Morgan Stanley’s top travel stocks this summer

Morgan Stanley’s top travel stocks this summer

Americans might be watching their spending amid persistent inflation, but it’s not deterring many of them from traveling this summer — especially those with higher incomes. Morgan Stanley and AlphaWise polled about 2,000 U.S. consumers in May and found that 60% of consumers are preparing to take a summer trip. Among consumers who earn between … Read more

Here’s why owning a timeshare may not be worth it

Here’s why owning a timeshare may not be worth it

Timeshares have become increasingly common — and expensive. About 10 million U.S. households own a timeshare, and the average price of one of these vacation homes rose to $23,940 in 2023, a more than 30% increase since 2018, according to the American Resort Development Association. While the industry has grown more popular, it has come … Read more