The State of Travel 2024: Hotels and Online Travel

This podcast episode delves into the multifaceted impacts of potential economic recession on the travel industry, emphasizing changing consumer behaviors, the shifting balance between luxury and mid-scale options, and the increasing significance of credit card companies and AI in travel decision-making. The hosts illuminate the adaptive strategies being employed by travelers, especially Gen Z, who continue to prioritize experiences even in uncertain financial times, while also highlighting the necessity for traditional travel brands to innovate in response to the heightened expectations of an empowered consumer base.