Americans are poised to hit the roads, airports and ports in record numbers this year, underscoring the resilience of consumer travel demand even as broader economic uncertainty lingers.
U.S. holiday travel is on track to hit record levels this Thanksgiving, with the American Automobile Association projecting 81.8 million people will journey at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1, 2025.
Asia-Pacific's hotel investment market is regaining momentum in 2025, with transaction volumes on track to hit $11.9 billion, according to a new forecast by JLL.
Hotel operators across Asia Pacific expect profitability to remain steady and edge higher in 2026, even as global economic and geopolitical uncertainty continues to cast a shadow over the sector, according to JLL's latest Asia Pacific Hotel Operators' Sentiment Survey.
Posted on May 01, 2023