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Share Name | Share Symbol | Market | Type |
---|---|---|---|
TripAdvisor Inc | NASDAQ:TRIP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.06 | -0.34% | 17.69 | 17.61 | 18.14 | 18.1991 | 17.81 | 17.94 | 2,063,632 | 01:00:00 |
Safety, Community and Cultural Representation Drive Decision-Making
NEW YORK, Oct. 3, 2024 /PRNewswire/ -- Tripadvisor and Group Black today unveiled their "Black Travel Today" report, a comprehensive study exploring the unique travel preferences, behaviors, and considerations of Black travelers in the US. The findings reveal the importance of safety, community, and cultural representation in shaping travel decisions and provide valuable insights for brands and destinations aiming to attract and serve this growing and important group of travelers.
Among the report's key findings:
The study also reveals that Black travelers exhibit a more measured and intentional approach to travel planning and budgeting.
Black travelers also increase their spending across various non-travel categories before a trip:
"'Black Travel Today' offers clear proof that there is a significant growth opportunity for brands and destinations that engage authentically with Black American consumers specific to their travel plans and desires," said Bonin Bough, Co-founder and Chief Strategy Officer at Group Black.
"Our findings emphasize the diversity within the Black travel community, and the importance of understanding their unique perspectives and needs," said Adam Ochman at Tripadvisor. "Travel brands clearly have an opportunity to build deeper connections with Black travelers through authentic representation and community engagement."
For more information and to access the full report, please visit HERE.
About Group Black
Group Black is a MBE certified media company dedicated to connecting brands with diverse audiences. Committed to fostering an inclusive media ecosystem, Group Black amplifies diverse storytelling and deepens the investment pipeline for diverse-owned businesses. Informed by marketing and creative expertise, Group Black crafts contextually relevant strategies that resonate with a multicultural generation. Group Black is where culture calls home.
About Tripadvisor
Tripadvisor, the world's largest travel guidance platform*, helps millions of people each month** become better travelers, from planning to booking to taking a trip. Travelers across the globe use Tripadvisor's website and app to discover where to stay, what to do and where to eat based on guidance from those who have been there before. With more than a billion reviews and contributions, travelers turn to Tripadvisor to find deals on accommodations, book experiences, reserve tables at delicious restaurants and discover great places nearby.
Tripadvisor LLC is a wholly owned subsidiary of Tripadvisor, Inc. (Nasdaq: TRIP). The subsidiaries of Tripadvisor, Inc. own and operate a portfolio of travel media brands and businesses, operating under various websites and apps.
* Source: SimilarWeb, unique users de-duplicated monthly, May 2024
** Source: Tripadvisor internal log files
View original content:https://www.prnewswire.com/news-releases/tripadvisor-and-group-black-release-2024-black-travel-today-report-302266772.html
SOURCE Group Black
Copyright 2024 PR Newswire
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