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Bleisure travel is rising as employees extend work trips to add on leisure activities. AllFly, which helps book corporate group travel, said demand for bleisure trips keeps growing. The combination of business and leisure travel has become so popular that it has a name: bleisure travel, also referred to as blended travel. AdvertisementWhile the trend has been growing for years, it got an extra boost during the pandemic when travel restrictions were lifted and business travel picked up again. Many bleisure travelers extend their trips to have full days to explore while off the clock.
Persons: Josh Nichols, he'd, Nichols, they'd, , Kenny Totten, it's, Bleisure, Totten, bleisure, AllFly, haven't Organizations: United Airlines, Business, American Airlines, American, Lodging Association Locations: Hamburg, Germany, Belgium, France, Europe, Hawaii
A Forbes Advisor survey of 1,000 Americans who plan to travel in 2024 showed the post-pandemic "revenge travel" boom is in full force, despite rising inflation. The stats weren't surprising to Thomas, who told BI that this new trend could be partly attributed to the rise of remote work. Revenge travel and other loansIt's not just remote and hybrid working that may have contributed to a rise in travel spending. Travel experts previously told BI they had noticed an uptick in clients opting for luxury air travel experiences, from private jets to first-class and premium-class plane tickets. Thomas and financial expert Julie Beckham told BI that young people are likely to be influenced by peers who are showcasing their travel experiences online.
Persons: , millennials, Zers, Credit Karma, Johannes Thomas, Thomas, Ivan Saprov, Saprov, Oliver Bell, Julie Beckham, Beckham Organizations: Service, Forbes, Business, Credit, Bank of America, BI, KPMG US, Financial Education Development, Rockland Trust Locations: Rockland
“I take advantage, because I don’t know when I’m going to return,” Ms. Buchmann said of the decision to combine downtime with a business trip. As postpandemic work life has changed, and arrangements now include full-time office attendance as well as hybrid and remote work, so, too, has business travel. The phenomenon known as bleisure, or blended business and leisure travel, was initially embraced largely by digital nomads. But such combined travel is now also popular with people outside that group. Allied Market Research, a subsidiary of Allied Analytics, based in Portland, Ore., estimated that the bleisure travel market was $315.3 billion in 2022 and would reach $731.4 billion by 2032.
Persons: Melinda Buchmann, Josh, , ” Ms, Buchmann Organizations: RevShoppe, Park, Lake Louise, Allied Market Research, Allied Locations: Florida, Banff , Alberta, Banff, Lake, Portland ,
After five months and 53 shows, the economic impact of Swift's "The Eras Tour" was monumental and non-stop. Consider the following:"Taylor Swift's 'Eras' tour is rewriting the playbook of entertainment economics," Chris Leyden, director of growth marketing at SeatGeek told CNN. "It's no surprise that people are flocking to this Eras Tour experience in what is increasingly an otherwise digital environment we live in." AdvertisementAdvertisementOne Swiftie who spoke with Insider called their "Eras Tour" trip "a little bit concert, a little bit vacation." — Taylor Swift, who is releasing a film version of "The Eras Tour."
Persons: Taylor Swift, Swift, Taylor, Chris Leyden, SeatGeek, She's, , Omar Vega, Alice Enders, Grace Smith, Andrew Heilmann, Robert Douglas, Cork, Oppenheimer, Klaus Vedfelt Piper, Nancy Lazar, Lazar, Barbie, — Taylor Swift, Charlie Harding Organizations: Service, CNN, Bloomberg News, Enders Analysis, World Trade Organization, MediaNews, Denver, Getty, Moody's, Cork Gaines, Bloomberg, Global, Fox News Digital, WGA Locations: Wall, Silicon, Arlington , Texas, LA, , Hollywood
Yet despite all odds, 61% of those surveyed said they plan to travel this summer, up from the 49% who said the same in summer 2021. Some 56% of adults are more likely to stay in a hotel this summer than they were in 2022, according to the AHLA/Morning Consult survey. Booking Holdings is also an analyst favorite, with an average rating of overweight and 10% upside to the average price target, per FactSet. While prices are still high, the latest consumer price index for April showed the airline fares index fell 2.6% month over month, after rising in February and March. Airlines are essentially sold out for summer travel, according to TD Cowen analyst Helane Becker.
Persons: Matt Kramer, They're, You've, Sylvia Jablonski, Kramer, Freed, Bernstein, David Vernon, Price, Robin Farley, Farley, James Hardiman, Hardiman, Josh Weinstein's, RevPar, Tony Capuano, Chris Nassetta, Biden, Hilton, they've, Airbnb, Brian Chesky, it's, Evercore, Mark Mahaney, amortization, Mahaney, Cowen, Helane Becker, Becker, — CNBC's Michael Bloom, Ashley Capoot Organizations: KPMG, KPMG Consumer, Survey, Cruise ETF, Royal, Holdings, Marriott, United Airlines, Morning, American, & Lodging Association, Cruises, UBS, Citi, CCL, CNBC, Hilton Worldwide, U.S . Travel Association, State Department, Booking Holdings, Booking, Airlines, Delta Air Lines, Copa Holdings, Panamanian, Copa Airlines Locations: United States, Royal Caribbean, United, Caribbean, CocoCay, Thursday's, China, North America, Asia, Europe
Austin is home to SXSW, the annual tech and culture conference that attracts thousands. If you're going for work, tack on a few days and enjoy some local fun. Many companies send their employees to SXSW on business. If you're one of them, why not take the opportunity to get out and see Austin when your work day is done? Here's a guide to some of Austin's hidden gems to help you unwind and turn your work trip into "workation."
More remote workers are traveling without their employer's permission, also known as "hush trips." "Anybody loves the opportunity to be productive in paradise rather than in their home office," Pokora told Insider. "I think as long as remote work stays an option and working from home in general we're going to see more of this." Hush trips are the most recent addition to the growing lexicon at the intersection of work and travel, joining longtime favorites "bleisure," "workation" and "digital nomad." On the employer's side, hush trips can cause tax and legal headaches if they go on for too long, Courtney Leyes, a partner at the law firm Fisher Phillips, told Insider.
The US labor market has been above its pre-pandemic February 2020 employment level for a while. Some sectors are still below pre-pandemic employment almost three years since the official start of the pandemic. While leisure and hospitality isn't back at its pre-pandemic employment level, it still has been experiencing large monthly job gains as workers are needed to meet demand. Air transportation was 11.7% above its February 2020 employment level in December. It continued to expand throughout the pandemic and was 30.8% above its pre-pandemic employment as of December.
A new group is rivaling corporate road warriors as airlines’ favorite customers. They travel on strange days, buy extra perks on top of already expensive tickets and are changing the economics of the business. Some airline executives say hybrid work and other postpandemic changes have cracked open demand from travelers willing to spend more for extra legroom and other perks, helping offset revenue from once-crucial corporate bookings that still haven’t fully returned.
For business travelers, this means combining work with leisure or blended travel. Crowne Plaza Hotels & Resorts reimagined its hotel spaces, amenities, and service culture to help travelers flex between work and leisure. "Many other hospitality brands put the blend into bleisure, but at Crowne Plaza Hotels & Resorts, we know the future is about flexibility." Crowne Plaza Hotels & Resorts"It's vital to provide these transitional moments for the new breed of connected traveler," Taggart said. Book your blended travel experience at Crowne Plaza Hotels & Resorts.
LAST SEPTEMBER Adi Sigler, 28, wore track pants to a business meeting for the first time. Ms. Sigler felt uneasy—were her pants too laid-back for work? Her office wardrobe now includes a pile of track pants, which she often pairs with Isabel Marant tops and a black Lady Dior bag. Track pants, a gym staple roughly defined as loose athletic pants, have new legs thanks to a one-two punch of runway dominance at labels like Gucci and Max Mara and the rise of postpandemic “bleisure” (a sloshy portmanteau for “business leisure”) that embraces soft fabrics and slouchy silhouettes. Track pants sate the appetite for easy clothes that are still style-forward.
LAST SEPTEMBER Adi Sigler, 28, wore track pants to a business meeting for the first time. Ms. Sigler felt uneasy—were her pants too laid-back for work? Her office wardrobe now includes a pile of track pants, which she often pairs with Isabel Marant tops and a black Lady Dior bag. Track pants, a gym staple roughly defined as loose athletic pants, have new legs thanks to a one-two punch of runway dominance at labels like Gucci and Max Mara and the rise of postpandemic “bleisure” (a sloshy portmanteau for “business leisure”) that embraces soft fabrics and slouchy silhouettes. Track pants sate the appetite for easy clothes that are still style-forward.
CNBC Travel and the market data firm Statista today release a ranking of the "Best Hotels for Business Travelers" in Europe. FrankfurtSofitel Frankfurt Opera JW Marriott Hotel Frankfurt Best Western Premier IB Hotel Friedberger Warte Le Meridien Frankfurt Steigenberger Airport Hotel FrankfurtSofitel Frankfurt Opera Source: Sofitel Frankfurt OperaThe Sofitel Frankfurt Opera is on Opera Square, or the Opernplatz, near the city's famed opera house. ParisLe Bristol Paris Les Jardins du Faubourg Kimpton - St Honore Paris Pullman Paris Center-Bercy Le MeuriceLe Bristol Paris Source: Le Bristol Paris | Claire CocanoGuests of Le Bristol Paris can count President Emmanuel Macron as a neighbor — Elysee Palace, the official residence of France's president — is just steps away. StockholmGrand Hotel Stockholm Radisson Blu Waterfront Hotel Stockholm Hotel At Six Bank Hotel Lydmar HotelGrand Hotel Stockholm Source: Grand Hotel StockholmTying for No. ViennaPalais Coburg Hotel Residenz Hotel Sans Souci Wien The Ritz-Carlton, Vienna The Harmonie Vienna Grand Hotel Wien This grand hotel built in 1845 is the former home of Austrian royalty.
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