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News / Travel industry leaders discuss summer travel rebound at 15th Annual Travel Summit hosted by BWH Hotel Group®
Panelists from BWH Hotel Group, Google, AAA and U.S. Travel Association share trends and insights shaping the return of travel
May 26 - The 15th annual BWH Hotel Group Travel Summit was held virtually Friday, May 14 with a panel of top travel industry leaders from AAA, Google and the U.S. Travel Association. The panel discussion, led by Dorothy Dowling, Senior Vice President and Chief Marketing Officer of BWH Hotel Group, focused on traveler sentiment, road and summer travel, as well as trends reshaping the industry’s rebound.
The Return of Travel Following An Unprecedented Year
Dowling was joined by Greg Staley, Senior Vice President of Communications for the U.S. Travel Association; Nelson Boyce, Managing Director of Travel for Google; and Paula Twidale, Senior Vice President of Travel for AAA. The expert panelists highlighted top trends shaping the return of travel and discussed how stimulus checks, savings, and the vaccine rollout have impacted consumer sentiment and pent up travel demand.
During her presentation and the panel discussion, Dowling spoke about how BWH Hotel Group is focusing on remaining agile, boosting consumer confidence, providing value and prioritizing guest loyalty this summer travel season.
Memorial Day Holiday Travel Forecast Shows Strong Summer Travel Demand
Coinciding with this year’s Virtual Travel Summit was the return of AAA’s Memorial Day Holiday Travel Forecast. AAA’s findings predict that 37 million Americans will travel this Memorial Day weekend (May 27-31), a 60% year-over-year increase from the 23 million Americans that traveled during the same time period in 2020. In addition to AAA’s Memorial Day Holiday Travel Forecast, U.S. Travel presented encouraging statistics during Friday’s Virtual Travel Summit taken from a recent Harris Poll:• 77% of Americans are planning on traveling this summer (compared to 29% in 2020)
• Two-thirds of Americans have a summer trip either already planned (36%) or booked (30%)
With positive consumer sentiment at an all-time high, Best Western Hotels & Resorts is ensuring that it is meeting customers with the heart and empathy they’ve come to expect with the launch of its See You Soon campaign. In speaking about the campaign during the summit, Dowling announced the company’s summer Best Western Rewards® (BWR®) promotion. From May 17 through September 6, 2021, enrolled BWR members will earn a $20 Best Western Travel Card® for each night after they stay, up to $100 or five gift cards.
Dowling also teased the upcoming launch of Best Western Hotels & Resorts’ “Pay With Points” program, which will allow BWR members to monetize their accumulated points and use them towards the cost of a booking.
Loyalty Programs Will Be Reimagined in a Post-Pandemic World
A key topic discussed during the Virtual Travel Summit was loyalty and the evolution of consumer behavior. Data presented by Google showed that 36% of consumers have tried a new brand amid the pandemic, with the top criteria for switching being availability, convenience and value. Of those 36% of consumers, 73% intend to incorporate the new brands into their routine. These trends, which come from McKinsey survey research, show that consumers are switching brands at unprecedented rates and signifies the need for travel loyalty programs to be enhanced and reimagined to connect with consumers post-pandemic.
Shifts to Digital Impacting How Travelers Find Destinations, Book Stays
An important trend addressed during the Summit was how consumers are relying more on digital to book their next vacation. According to Google, consumers are looking for help and travel inspiration as they are unsure of where to go, with a popular search query being “where to travel to.” The pandemic led to much higher time spent on digital video and social media: +25% and +16% year-over-year, respectively.
Additionally, the average window for booking flights and hotels with intent has decreased, while the average window for researching, finding inspiration, and taking all necessary COVID-related precautions has increased.
Click here to access a full recording of BWH Hotel Group’s Virtual Travel Summit. For more information, please visit BestWestern.com or BestWesternDevelopers.com.
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