Business vs. Leisure Travel: Key Differences and Considerations

Understanding the difference between business and leisure travellers

San Antonio, Texas, has transformed in recent years, and our secret is getting out. This south-central city in Texas has landed on the 2021 list of best cities to visit in the U.S. As the economy emerges from the height of the COVID-19 pandemic, many companies are struggling to bring shift workers back to work. A recent Korn Ferry study shows how today’s employers need to be creative — or risk Travel & Leasuire being left behind. Globe-trotting, high-flying, life-seizing backpacks that make travel and free time even more enjoyable – dive into our Travel and Leisure collection and find your perfect on-the-road companion. Our Altmont Active Lightweight bags are super comfortable and feature gear loops and handy cords, while our adventuresome Touring 2.0 range will withstand the rigors of modern life.

  • Today, experts anticipate a sharp uptick in trip planning soon as delayed and canceled plans caused by the pandemic have consumers longing for “revenge travel.”
  • During the day, people work but during evenings and on weekends, they can still enjoy new cultures, languages, foods, climates, and experiences, ones they would usually take standalone trips for.
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  • It includes the segments cruises, travel destinations, holiday activities, online travel market, tour operators, and travel agencies.

Travel + Leisure Group offers a suite of services that bring together the trusted expert multi-platform content of Travel + Leisure, including licensed and branded consumer products. Panorama is the world’s foremost membership travel business that includes the largest vacation exchange company and membership travel brands, each known for elevating the travel experience for our partners and their millions of members worldwide. We offer our partners vast reach into unique, brand safe and highly viewable inventory across owned, partner and connected media. This includes social media activations where we share inspirational content with our global instagram community. The company recently upgraded its platform by adding flexible-date search tools and making the process to become a host faster and easier.

In 2019, Booking Holdings and Expedia Group were the world’s leading online travel agencies. Revenue of Booking Holdings – which, among others, owns websites such as Booking.com, Priceline.com, Agoda.com, and Kayak.com – peaked at over 15 billion U.S. dollars in 2019. In that year, revenue of the Expedia Group reached over 12 billion U.S. dollars. Alongside from the Expedia site, the company owns Hotels.com, Vrbo, Trivago, and other travel fare aggregators and metasearch engines. Domestic travel will likely recover sooner than international tourism, as countries adopt different travel restrictions and safety measures depending on the local impact of the pandemic.

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Fewer Americans traveled by air in 2021 than before the pandemic, and those who traveled averaged fewer trips. The decline in air travel since 2015 was only among employed adults; there was no change among nonemployed adults. We offer access to unique traveller audiences on owned, partner, social and connected programmatic media. Transportation Stocks The travel industry and the transportation industry need each other in order to thrive. Looking ahead to the last half of 2022, Disney’s international theme parks are likely to remain a top destination, although ongoing pandemic restrictions will keep all-out growth in check.

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The fund holds 29 stocks in its basket with travel bookings & reservations companies accounting for 45% of assets, followed by 19.3% share in riding sharing & hailing firms. AWAY has accumulated $8.3 million in its asset base and trades in average daily volume of 13,000 shares. “As travel continues to rebound and people look for new trip ideas and inspiration, I’m thrilled to share this incredible resource of our readers’ favorite places and companies,” said Travel + Leisure Editor in Chief Jacqui Gifford.