According to the latest Annual Travel Survey by the Cheval Collection, travel intent for leisure saw a 46% surge from 2023. The number of respondents planning to take five or more trips was almost a quarter of the total.

It is reassuring to see that there is still strong demand from the leisure market, at a time when we are seeing headwinds in other segments, said Cheval Collection’s Director of Marketing Robert Speirs.

“Serviced apartments have proven resilience and are now part of the mainstream for guests and investors, as we are hearing through the conversations we are having in dynamic locations around the world. The combination of flexible, luxurious accommodation and limber, efficient operations is only growing in popularity.”

The preference to combine leisure and business was muted, with at least half of the respondents not traveling for business purposes at all. Of the people who plan on traveling for business in the next 12 months, 70% said they would only combine work with leisure if the hotel had a strong Wi-Fi for remote work. This was considered more important than a dedicated workspace (22%) and access to kitchen facilities (8%).

Post-pandemic working patters are yet to be fully implemented, with almost half of the respondents stating that their workplace was yet to adopt an official remote working policy. Among those who considered working from a location that was not their primary residence, in 47% of cases their employers did not have a defined policy in place.

Full story: Appetite for leisure travel remains strong, reveals Cheval Collection survey - HOTELSMag.com