Travel Weekly
Travel Weekly, established in 1958, is a national newspaper in the United States focused on the travel sector, particularly for travel agents. It publishes 51 regular issues each year in both print and digital formats, along with a special Preview issue that offers insights and forecasts for the upcoming year. The print version is released every Monday, while the website is updated regularly with news and feature articles.
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Global
#75696
United States
#25738
Travel and Tourism/Travel and Tourism
#271
Articles
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1 day ago |
travelweekly.com | Robert Silk
While some members warn that the tariffs could disrupt global supply chains and increase operational costs, others believe the industry can adapt without significant damage. IATA director general Willie Walsh said that if tariffs stay relatively modest, like the 10% baseline tariffs the U.S. currently has in effect for imports, their impact on consumer demand will be minimal. In some previous periods of high tariffs, Walsh said, the airline industry grew significantly. "Industries adapt.
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4 days ago |
travelweekly.com | Robert Silk
It's a backlog of 14 years at current production rates. The backlog is constraining industry growth and increasing the age of fleets, officials said during IATA's Annual General Meeting here. The industry's average aircraft age has increased from 13 years in 2015 to 15 years currently. This year, Boeing and Airbus had forecast 1,430 deliveries, according to airline industry data company Cirium, but through the first four months of the year they had delivered just 359 planes.
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4 days ago |
travelweekly.com | Christina Jelski
Hyatt CEO Mark Hoplamazian talked about a "massive divergence by chain scale," with economic pressure increasing the further down the chain scale you go. A month ago, Hoplamazian discussed the phenomenon during Hyatt's Q1 earnings call, saying luxury and upper-upscale hotels (about 70% of Hyatt's portfolio) were outperforming the company's lower-tier hotels. Hoplamazian's comments jibed with a revised 2025 forecast from CoStar and Tourism Economics at the NYU event.
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4 days ago |
travelweekly.com | Christina Jelski
They are now forecasting a 1% increase in 2025 revenue per available room (RevPAR), down from 1.8%. For 2026, U.S. RevPAR is now projected to increase 1.5%, down from a previously forecasted 2.1%. Average daily rate is expected to grow 1.3% in 2025; zero growth is expected for hotel occupancy at 62.8%. Tariff concern is a factor, said Amanda Hite, president of hotel data specialist STR, a CoStar subsidiary. "The real problem here is the tariff situation," Hite said.
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5 days ago |
travelweekly.com | Robert Silk
Still, that will amount to just 0.7% of aviation fuel needs in 2025, the airline trade group says. Overall, IATA expects approximately 660 million gallons of SAF to be produced globally this year. Approximately 60% of that supply will be required for airlines in the U.K. and EU to meet SAF mandates that went into effect this year. Under both mandates, SAF must account for 2% of fuel supply this year.
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