MarketID Market Pulse

Global DMC Partners has unveiled its 2021 Global Destination Index.

Singapore is hosting top executives of big global companies this week at a host of conferences, marking its gradual return to normalcy and underscoring Singapore is hosting top executives of big global companies this week at a host of conferences, marking its gradual return to normalcy and underscoring the contrast with long-time rival Hong Kong, which is sticking with some of the toughest quarantine rules in the world.

40,000 people just attended Lisbon’s Web Summit. And in January, CES will go on in Las Vegas, albeit with new COVID-19 precautions and a virtual component.

The destination marketing agency is expanding its offerings to include digital marketing and leisure-travel services.

While travel companies were optimistic about a rebound in business travel early in 2021 after leisure travel bounced back so quickly, the Delta variant, travel restrictions and other factors are delaying the recovery date.

The latest COVID-19 Recovery Dashboard Survey results are a mixed bag — events industry professionals say they are feeling less anxiety, but more report feeling burned out. Nonetheless, they’re hanging in there and setting their sights on more in-person and hybrid events in the first half of 2022.

Emirates President Tim Clark and other global airline CEOs expect a full business travel recovery, a bullish outlook that has replaced the bearish views many held just months ago. “I believe business travel will come bouncing back by the end of next year,” Clark said on Monday in one of the most optimistic international business …

The latest COVID-19 Recovery Dashboard Survey results are a mixed bag — events industry professionals say they are feeling less anxiety, but more report feeling burned out. Nonetheless, they’re hanging in there and setting their sights on more in-person and hybrid events in the first half of 2022.

Convene’s COVID-19 Recovery Dashboard Survey has been tracking the emotions of planners and suppliers for nearly a year. Here we plot out what that looks like.

The reports of business travel’s death are greatly exaggerated, at least in the eyes of Hilton CEO Christopher Nassetta.

The San Francisco tourism industry has been hit hard by the pandemic but it will get at least a small boost from Salesforce's Dreamforce Convention at Moscone Center this week.

A rebound to 2019 levels for international travel to NYC may not come until 2025, 2 years after domestic travel is expected to recover.

While domestic leisure travel is predicted to surpass prepandemic levels in 2022, business and international travel will likely take much longer to fully recover.

Some destinations use subvention programs to attract events. Some detractors, however, argue that they’re ineffective — or so effective that they create unfair competition. Is there a place for subvention as the industry edges towards recovery?

The U.S. added 531,000 jobs in October and the unemployment rate fell to 4.6%, as the labor market rebounded from a summer lull.

The Index shows a sign of hope after two months of waning confidence.

As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major hit to business-class travel, a

“Feel the Rhythm of Korea” — a series of eight videos showcasing the traditional and modern facets of ten Korean destinations to an original soundtrack of K-pop and folk music — has reached 161 million views on Youtube.

Corporate travel agency CWT said it is planning a pre-packaged Chapter 11 filing in the U.S. to complete a complex $1.5 billion refinancing deal. Overall,

The pandemic left a frenzied 18 months of restructuring, refinancing and acquisitions in its wake, or as one expert put it, an "arms race."

The Skift Global Forum 2021, the premier global conference on the business of travel, took place last week in a hybrid format.

Sometime in November, air travelers from dozens of countries will be allowed into America with proof of vaccination. But “sometime” brings great uncertainty to the November 9-11 IMEX America show.

Workers are quitting their jobs in droves. A recent SHRM survey finds that more than two out of five U.S. workers are actively searching for a new job or plan to soon. We’ve mined Convene’s latest Recovery Dashboard results for insights about the Great Resignation and the business events industry.