Following the interruption of Barbados's tourism industry during the COVID&19 pandemic, Barbados is on pace to surpass the peak achieved in 2019 during 2024. The recent and planned opening of a number of internationally branded resorts in Barbados will make the destination even more attractive.

U.S. scheduled passenger airlines reported a 2023 after&tax net profit of $7.8 billion, and a pre&tax operating profit of $13.2 billion.

Today, Airlines Reporting Corp. (ARC) released data showing April air ticket sales totaled $9.1 billion for U.S. travel agencies & a 4% increase from April 2023. This marks the largest recorded total for April since ARC began reporting this data in 2017.

The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar's latest data through 11 May.

The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the region increased to 612 projects/144,222 rooms, up 5% by projects year&over&year (YOY).

Canadian hotel investment activity totaled approximately $750 million in Q1 2024, up more than twofold from the same period last year with the closing of major portfolio and single asset transactions.