IHG Hotels & Resorts Partners with Mastercard's Priceless Planet Coalition in October to Turn Spending into Seedlings
Partnership to help restore an estimated 1.5 million trees around the world
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Topic - Mastercard
2023 Travel Trends
Travel Industry Trends 2023: Mainland China Re-Opens, Experiences Endure, and Business Travel Bounces Back
New insights from the Mastercard Economics Institute reveal that consumers are taking advantage of a more traditional travel ecosystem in 2023, prioritizing leisure travel and pioneering new corridors around the world. Released today, Travel Industry Trends 2023 delivers key insights about the global state of travel, punctuated by shifting economic landscapes, persistent consumer demands, and a reopening of mainland China.
U.S. Economy
Mastercard SpendingPulse: U.S. Retail Sales Grew 7.6% This Holiday Season
According to , U.S. retail sales excluding automotive increased 7.6% year-over-year this holiday season, running from November 1 through December 24. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and is not adjusted for inflation.
Consumer Spending
Mastercard SpendingPulse: Travel Remains a Priority As Spending on Airlines and Lodging Experienced Double-digit Year-over-year Growth
Housing-Related Sectors Soften, Experiential Spending Drives Growth
Global Economic Outlook
Mastercard Economics Institute Reports Consumers Continue to Prioritize Travel
Consumers Prioritize Experiences and Essentials in the Face of Economic Pressure
Travel Intentions
Pent-up Demand Drives Global Leisure and Business Flight Bookings Past 2019 Levels
U.S., U.K, Switzerland, Spain and Netherlands top the list of most visited destinations - Cruises, buses and trains see strong spending rebound in 2022 as Covid restrictions loosen
Coronavirus Impact On Small Businesses
Small Businesses Go Digital at Three-Times Pre-Pandemic Levels
Mastercard Economics Institute: U.K., U.S. and Australia Lead in New Small Business Formation, Which Grew 32% Year-over-year Glo...