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Travel and Leisure Industry Market Research Reports, Analysis and Trends

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Last modified on April 5, 2023

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  • At Travel + Leisure, we’re vocal advocates of ditching Thanksgiving and using your time off to travel the world.
  • This will allow for a reset of the unpopular timeshare industry in a more modern and sustainable platform.
  • The women featured have inspired many others to progress within our industry, and have become mentors and role models meaning that the powerful and positive impact of the Index continues to be phenomenal.
  • This invaluable local knowledge enables us to recommend only the best places on your tailor-made tour and provide you expert, personal assistance every step of the way.
  • Would highly recommend your travel plans to anyone looking for a great time away.

The Group has signed a shareholder agreement with the Barceló Hotel Group to develop three hotel complexes in North Male’ Atoll, Maldives, which consists of 470 keys. The total value of the development is estimated at USD 150 Mn, with Barceló investing USD 30 Mn for a stake of 33.33% shares of Bodufaru Beach Resorts Ltd. Apart from the shareholder agreement, Barceló Hotel Group entered into a management agreement to manage 5 leisure properties in Sri Lanka and Maldives. The sharing economy will also play an important role in giving authenticity to those immersive experiences. For instance, helping travellers to find accommodations that are owned by locals who can offer tours and tips. Previous editions revealed a monumental wealth of experiences, personal and professional stories, successes, tips, and lessons learnt.

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The company’s investor day this month generally focused on how Travel + Leisure Co. can grow exponentially by tapping into consumer-facing travel clubs as well as corporate accounts. Browns Tours has been in the business offering a tailor made service for discerning travelers for more than 60 years to date. With a steadfast reputation and customer trust foundation, Browns Tours is also a well-known name now in the travel and tourism industry. The World Travel and Tourism Council estimates a 4.5 per cent per annum increase in the total amount of travel and tourism economic activity between 2002 and 2012. This is largely credited to a rise in global wealth, liberalization of international airspace, cheaper flights and the use of the Internet as a travel tool.

Nasandhura Maldives is planned as a luxury city hotel with 136+ rooms, 118+ apartments and a sophisticated retail mall. This is a flagship property and an iconic development in Male city. Excel Restaurants Ltd is a fully-owned subsidiary of Browns Investments, and manages a portfolio of reputed restaurants in the city of Colombo. A rising player in the Sri Lankan restaurant industry, Excel Restaurants manages The Four Leafed Clover, Loon Tao, Darley rd. From toddlers to workaholics, from casual care-free hangouts to important decision making meetups, Excel World caters to a plethora of entertainment and corporate meeting needs, all under one roof. With an array of entertainment activities and dining options, Excel World has become the preferred entertainment hub in the city.

As we shared in January when we announced the acquisition of the iconic Travel + Leisure brand, Travel + Leisure Co. will be supported by three branded business lines. Wyndham Destinations has become the umbrella brand for our vacation ownership clubs business line. The cruise company has launched a print ad and short film clarifying its position as consumer confusion continues to impact its brand health across almost all measures.

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