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Travel and Tourism Industry: Difference between revisions
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* The number of hotel reservations is up 50% over Q2 2022 and 15% over the previous quarter. | * The number of hotel reservations is up 50% over Q2 2022 and 15% over the previous quarter. | ||
* The average nightly spend on hotels for business trips was $157.01, compared to $152.38 in Q2 2022. Spend on reservations overall was 50% higher than the previous year and 27% higher than Q1 2023. | * The average nightly spend on hotels for business trips was $157.01, compared to $152.38 in Q2 2022. Spend on reservations overall was 50% higher than the previous year and 27% higher than Q1 2023. | ||
==== Air Travel ==== | |||
* In Q2 2023, domestic flight transactions saw a 30% increase over the same quarter in 2022 and a 12% increase over Q1 2023. Companies also spent 22% more on domestic air travel in Q2 2023 than in Q2 2022 and 14% more than in Q1 2023. | |||
* International travel bookings saw an 86% increase over the same quarter of 2022 and an 18% increase from Q1 2023. Similarly, spend on international flights is up 92% over Q2 2022 and 46% over Q1 2023. | |||
== References == | == References == | ||