UK Travelers In For The Long Haul

WEX Travelers

Uncertainty around the Brexit referendum led to many predictions of its impact on UK travelers. Since that historic 2016 vote, outbound travel has increased, and Travolution recently reported long-haul travel increased 50% from the UK. They note “passenger numbers to all destinations are up 6%, buoyed by increases to long-haul destinations, including the Americas, up… Read more »

In The OTAs vs. Direct Booking Battle, The Consumer Wins

Much has been written about the so-called war between OTAs and hotels over third-party bookings vs. direct bookings. As OTA commissions have increased (along with their advertising spend and potential reach), major hotel chains are making a push to drive direct bookings. Hilton’s “Stop Clicking Around” campaign promises consumers the best experiences and lowest prices… Read more »

Tours & Activities And OTAs: Partnerships With Benefits

The flurry of recent acquisitions and investments has made it clear – the tours and activities sector is now even more attractive to OTAs. Some of the largest players, including Booking.com, Expedia, TripAdvisor, Ctrip and Airbnb, have either purchased companies or expanded their tour and activities offerings. A 2017 Phocuswright report on tours and activities… Read more »

Spanish Economic Recovery Spurs Return To Travel

As Spain recovers from its long economic crisis, Spaniards are slowly but enthusiastically returning to their former travel habits. Expenditures, number of trips, and lengths of holidays are all on the rise for Spanish tourists traveling both domestically and internationally. Rebound In Domestic & International Travel Domestic tourism has always been a mainstay in the… Read more »

Vacations Less About Excess And More About Wellbeing

More and more travelers are ditching trips filled with too much food and drink for trips that allow them to maintain or restart a healthy lifestyle. In fact, Global Health and Wellness Tourism 2018 finds that “wellness tourism is growing at 12% a year.” In it’s predictions for 2018, Booking.com reports, “The trend for wellness… Read more »

Accommodation Attitudes Of US Travelers Evolving

WEX and Mastercard recently partnered on a survey of US travelers, identifying attitudes and preferences across a range of travel topics. The 2018 Travel Trends Report confirmed travelers’ accommodation selections are changing, and it found some interesting differences between the generations. “The evolution of the sharing economy, particularly within accommodations, has made it possible for… Read more »

French Travel Market Set For A Rebound

French Coastline

2016 was a tough year for the French travel market; terrorist attacks in Paris and Nice, as well as slow economic growth, discouraged travelers from near and far. According to Phocuswright’s French Online Travel Overview, international arrivals were down 8% and Paris hotel nights were down 10% in 2016. Since then, however, there’s been a… Read more »

3 Ways Blockchain Has Potential to Transform Travel

Luggage Claim

Blockchain, the ledger technology that makes Bitcoin possible, has been a buzzword for years now. The potential seems limitless, but the reality is unclear. In the travel sector, blockchain has been said to be everything from the death knell of OTAs to the decade’s most overhyped trend. The 2017 Payments Pulse survey from WEX showed… Read more »

Online Booking Habits of US Travelers

In this second post looking in detail at the Mastercard and WEX 2018 Travel Trends report, we take a look at US travelers’ booking behavior and preferences. The survey of 1,500 American travelers ranging in age from 18 to 70, found that, typically, 67% of respondents book their travel online with 73% of Gen Z… Read more »

Winning Customers Online Through Digital Transformation

Young Traveler

International travel across Europe continues to grow, and with it, the potential for growing your business. But with increased growth comes increased competition from suppliers. In order to take your piece of the remaining online market, you need to understand the data and transform your digital presence to win customers online. WEX has put together… Read more »