After looking at airlines earlier this month, HundredX navigates to hotels and cruise lines for the next leg of our mid-summer updates on the travel sector.
Looking to “The Crowd” of travelers, we find customers aren’t souring on budget hotels, but they are starting to lose interest in cruises.
Analyzing over 280,000 pieces of real traveler feedback (including 90,000 across 79 hotels and 18,000 across 18 cruise lines) from June 2022 through June 2023, HundredX discovers:
Over the past month, Travel Intent dipped by 1% for most travel industries. Casinos & Resorts remained stable, however, and Cruise dipped 2%.
Travel Intent to cruise fell for every age group in June except cruisers in their 50s, falling most (4% each) for those in the 40s and over 60. The 3% dip for 18-29 year olds reverses the spike for that group in 1H 2023, driven by their attraction to low cost of cruising compared to other forms of travel.
Most of the major cruise lines dipped in Travel Intent over the past month, although Norwegian Cruise Lines actually gained 1%. Viking Cruises and the Holland America dropped the most (9% each). Senior travelers (which dropped the most) are the core customers of both cruise lines.
Customer net sentiment toward Entertainment / Activities fell further behind peers for Vikings Cruises and the Holland America Line over the past three months (down 7% and 9% respectively). Holland America Line introduced changes to its music entertainment lineup earlier this year, to mixed reviews.
Meanwhile, we find Travel Intent for cheaper chains remaining more stable (flat the last three months) than it is for high-end (-1%) and mid-range (-3%) hotels. We note, travel Intent budget hotels continues to lag peers overall.
Among some of the top U.S. budget hotels, Wyndham, Motel 6, and Days Inn gained the most in Travel Intent (+3%) over the past three months.
Unsurprisingly, travelers like the price of budget hotels more than those with higher price points. Net sentiment toward Price increased 2% over the past three months for budget hotels, even as it decreased 1% for other types of hotels.
Please contact our team for a deeper look at HundredX's travel data, which includes more than 600,000 pieces of customer feedback across more than 180 travel-related brands.
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