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August 9, 2018 Facebook  Twitter  LinkedIn
TGA Industry News Briefs
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TOP NEWS

A New Look. A New Feel. New Energy. And a New Audience.

TGA

That's what's coming at the all-new 2019 International Travel Goods Show, and you'll want to be part of it. There's never been a Show like it – we'll be making appeals to draw new buyers from new retail segments venturing into travel products. It's going to be the best showcase for your 2019 products, and if you want to be in on the action now's the time to act. Contact Cathy Hays today while space is available: cathy@travel-goods.org, 877-842-1938, x-707.

Trump to Implement Duties on $16 Billion in U.S. Imports from China, and China Retaliates. TGA Members, We Need Your Help!

TGA

This week President Donald Trump announced that, effective August 23, he will impose 25% punitive tariffs on $16 billion worth of U.S. imports from China. The announcement comes after China announced that it will retaliate with punitive tariffs on $60 billion worth of U.S. exports to China and that it will continue to retaliate. Meanwhile, Trump has proposed 25% punitive tariffs all U.S. imports of travel goods as part of a new $200 billion list. These new punitive tariffs have not yet been implemented. TGA plans to testify against the inclusion of travel goods at the August 20-23 public hearing. You can help to stop these tariffs. The initial written comment period ends on August 17. The Trump administration needs to hear how these punitive duties would hurt your company, and your workers – and TGA can help you draft that testimony. Please contact TGA's Nate Herman at 202-853-9351 or nate@travel-goods.org if you wish to submit written comments or anecdotes, have questions, or would like additional information.

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Amazon Captures 5% of American Retail Spending. Is That a Lot?

BLOOMBERG

Americans last year bought about $200 billion worth of stuff from Amazon and its Whole Foods grocery stores. That figure is based on a Bloomberg Intelligence estimate that Amazon sold about $300 billion in merchandise in 2017 and the company’s report that two-thirds of its revenue comes from the U.S. If that’s accurate, Amazon.com Inc. captured about 5% of Americans’ retail spending, excluding cars and car parts and visits to restaurants and bars. Whether 5% is a lot or a little is in the eye of the beholder. READ MORE

Top 6 Millennial, Gen Z Trends to Watch

TRAVEL AGENT CENTRAL

From experiential travel to the rise of Gen Z, a new report offers a number of updates on six trends reshaping the travel industry. “New Horizons IV: A global study of the youth and student traveler” is based on the New Horizons Survey, which is conducted by WYSE Travel Confederation every five years. Here are updates on six Millennial and Gen Z travel trends from the report. READ MORE

How Smart Speakers Are Poised to Reinvent the Travel Industry

HARVARD BUSINESS REVIEW

If consumers start turning regularly to smart speakers for their travel needs, they could end up interacting less and less with traditional airline, hotel, and even online travel agency brands. Or, if travel companies are paying attention, such voice-enabled devices could provide brands with a new front door to the customer. READ MORE

Millennials Are More Frugal on Business Travel Expensing

CPA PRACTICE ADVISOR

According to first-of-its-kind research that delves into the psyche of the business diner, Millennials are more likely to dine on-the-go, while Boomers are most likely to wine and dine clients and Gen Xers typically dine in a group with colleagues. READ MORE


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How Hotels and C-Stores Can Tap into Luggage Storage

PYMNTS.COM

Travelers often face a dilemma when they are exploring a city: Where can they store their bags when they check out of their accommodations and still want to visit a city’s attractions? Services like Stasher seek to meet this need by connecting travelers with local merchants such as shops, hotels, convenience stores and barber shops that might have extra space to store suitcases or other belongings. These businesses, in turn, benefit from helping travelers with their luggage. READ MORE

Why Human Leadership Skills Are Critical in a Digital Age

FORBES

Google’s Project Oxygen examined the data behind corporate leadership. The resulting findings showed that leadership in the modern era has moved past the traditional values of hierarchy, annual reviews and other antiquated policies. Instead, Google’s research team identified a number of core traits and values that make for effective leaders, which represent a true paradigm shift in the way companies view management and leadership in the modern era of digitization. READ MORE

TSA Rolls Out 'Revolutionary' Technology That Provides 360-Degree View of Luggage

GWINNETT DAILY POST

TSA is rolling out a new scanner at BWI Thurgood Marshall Airport that allows for a more in-depth view of luggage, spotting explosives that older machines could miss. The brand-new Analogic 3-D CT scanner gives screeners the ability to zoom in and rotate the bag for a 360-degree view. Transportation Security Administration Administrator David Pekoske calls the scanners revolutionary. READ MORE

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