Travel Sentry News | December 2024Global Tourism Sector is on Track for a Full Recovery by the end of 2024The tourism sector is on track for a full recovery by the end of 2024, with international tourism set to reach pre-pandemic levels. This is great news for economies worldwide, as travel activity and spending return to normal. The latest World Tourism Barometer reports strong growth in international tourist arrivals, showing that the industry is regaining its strength.Table of Contents:Progress in 2024Economic RecoveryKey DriversTrends in 20251 - Progress in 2024In the first nine months of 2024, global travel numbers climbed to 98% of what they were in 2019.Regions like the Middle East even exceeded pre-pandemic levels, with arrivals 22% higher than in 2019. Other areas are catching up.Europe reached 94% of its pre-pandemic numbers and Africa recovered 96%.The United Kingdom has been an important part of this recovery, both as a popular destination and as a key source of travelers.While some regions are still behind, the Asia-Pacific area saw international arrivals reach 65% of their 2019 levels. With increased air connectivity and the reopening of more markets, this region is expected to see improvement soon.In the aviation sector, global Revenue Passenger-Kilometers (RPK) grew 7.1% year-on-year (YoY) in October 2024, surpassing pre-pandemic levels. The Asia-Pacific region led the recovery, with a 17.5% YoY increase in RPK, largely driven by strong domestic demand in China, where domestic air traffic grew by 9.7%​.2 - Economic RecoveryThe rebound in tourism is making a big impact on the global economy. In 2023, the travel industry contributed $3.4 trillion to global GDP. Experts predict this figure will rise to $11.1 trillion in 2024, making up 10% of the global economy.Spending is also rising fast. Travelers are spending more on each trip, with total tourism expenditure expected to hit $5.5 trillion in 2024. This marks a 24% increase compared to 2019. Longer trips and higher demand for luxury experiences are driving this trend.In addition, global airline load factors (PLF) reached record highs of 83.9% in October 2024, nearly 2% higher than pre-pandemic levels, highlighting the efficiency of airlines in meeting increased passenger demand​.3 - Key Drivers and ChallengesSeveral factors have fueled the recovery. Increased air connectivity has made it easier for people to travel. Looser visa rules in some countries have also helped boost tourism numbers. A total of 43 countries have already returned to or surpassed their 2019 levels.The Asia-Pacific region continues to be a key growth driver, with international air traffic to and from Asia growing rapidly. The Africa–Asia route experienced the highest annual growth rate of 28% in October 2024, demonstrating the growing demand for long-haul travel​.Despite the progress, challenges remain. Tourism Secretary-General Zurab Pololikashvili emphasized the need for regions to invest in infrastructure and manage capacity issues. For example, airlines face delays in aircraft deliveries, which could limit future growth. Additionally, efforts to make tourism more sustainable need to pick up speed.4 - Trends in 2025The increase in global tourist arrivals is good news for economies, showing how important travel is in connecting people.In 2025, air travel growth rates are expected to stabilize, with Asia-Pacific leading the charge. China's domestic air travel market remains pivotal, and its recovery will likely inspire further advancements in other markets. At the same time, the tourism industry is set to embrace sustainability, with governments and private players encouraged to invest in greener technologies and practices.The future of travel and tourism looks bright. As the world continues to open up, this sector will keep creating jobs, boosting economies, and inspiring people everywhere. This clearly shows that tourism has bounced back and is stronger than ever.

The future of travel and tourism looks bright. In the first nine months of 2024, global travel numbers climbed to 98% of what they were in 2019.

Global Tourism Sector 2024 and 2025

Travel Sentry News | November 2024Spain Fines Budget Airlines Over "Abusive" Baggage FeesPhoto by&nbsp;Lucas Davies&nbsp;on&nbsp;UnsplashSpain’s Consumer Affairs Ministry has fined five budget airlines a total of €179 million. The budget airlines include Ryanair, Vueling, easyJet, Norwegian, and Volotea. The ministry described their actions as “abusive practices.”These practices included charging passengers extra fees for hand luggage, seat reservations and boarding passes for children. The Ministry argued that these charges disproportionately impact consumers and violate their rights.The fines have drawn sharp criticism from the airline industry. Michael O'Leary, CEO of Ryanair, labeled the sanctions “illegal and baseless,” claiming they ignore European Union (EU) regulations. EU law allows airlines to determine their own pricing policies without interference from national governments. O’Leary stated that these fees are essential for cost savings, especially for budget airlines, as they help keep ticket prices low while offering optional services to passengers.The International Air Transport Association (IATA) also condemned the fines, calling them “outrageous” and a threat to market freedom. Willie Walsh, IATA’s Director General, argued that the penalties undermine the airline industry’s ability to operate efficiently.Walsh warned that banning fees for cabin bags and similar charges could raise ticket prices for all passengers. Airlines would have to cover these costs in other ways. “Airlines rely on flexible pricing models to maintain affordability,” he explained.Consumer advocacy groups, however, welcomed the move. They have long criticized practices such as charging for hand luggage, calling them unfair and confusing for travelers. Facua, a Spanish consumer rights organization, praised the fines as a victory for passengers, arguing that they address long-standing grievances about hidden charges and lack of transparency in ticket pricing.The Consumer Affairs Ministry defended the fines as a necessary step to protect passengers and ensure fair treatment in the air transport sector. Officials dismissed claims that the decision was politically motivated, emphasizing that airlines must respect consumer rights and avoid exploiting travelers.The Ministry highlighted that budget airlines had gained a disproportionate amount of revenue from these extra charges, which they deemed unjustified. This decision could set a significant precedent for managing cabin bag fees and other ancillary charges across Europe. If upheld, it may force airlines to rethink their pricing strategies and increase transparency.While airlines argue that such policies will disrupt their cost-saving models and harm the budget travel sector, consumer rights advocates believe they will create fairer practices and prevent hidden fees.As the airlines' appeals proceed, the debate highlights the tension between national governments, EU regulations, and the airline industry. The outcome will likely influence future policies on ancillary charges and shape the relationship between budget airlines and their customers.Whether these fines result in lower passenger costs or higher ticket prices remains to be seen. Still, they have already sparked important conversations about fairness and transparency in air travel.

Spain’s Consumer Affairs Ministry has fined five budget airlines, including Ryanair and EasyJet, €179 million for “abusive” practices.

Spain Fines Airlines Over Baggage Fees

Travel Sentry | November 2024Luggage Trends and Insights from the Autumn Canton FairThe 136th Canton Fair was a great display of creativity and new ideas in the luggage and travel industry. Travel Sentry had the chance to connect with licensees, partners, and industry leaders. Together, we explored the new trends that will shape 2025.TABLE OF CONTENTSColor HighlightsRugged FuturismNew FinishesImproved FeaturesLock InnovationsSourcing Website&nbsp;1 - Color HighlightsCopper and forest green were predominant at the show and appeared across numerous luggage brands. This was a departure from past neon and pastel palettes.This trend was adapted in various finishes, from metallic sheens to subtle matte PC surfaces. Such earth-toned colors bring a nature-inspired look to carry-on luggage, check-in cases, and weekend bags.These shades align with the shift towards more eco-friendly aesthetics in both soft-side and hard-side options.CopperForest Green2 - Key Style - Rugged Futurism'Rugged Futurism' marks a big change from recent trends. It combines practical elements with a futuristic look. This style features strong builds and geometric shapes. It gives a sense of adventure and modern design.This approach is perfect for travelers who want durable items. These items can handle rough use and offer plenty of storage. This trend shows a rising desire for durability that still looks good.3 - New Finishes - Pearlescent, Faux Metal and Contrasting ColorsThis year, pearlescent coatings stood out as a finish on luggage, adding depth and radiance to even the most minimalistic designs.Meanwhile, faux metal offered the sleek appeal of aluminum, maintaining the benefits of lightweight polycarbonate shells.The design included contrasting colors on parts like telescopic handles, zippers, and frames. This shows that style and function can work together.4 - Improved Features - Mobility and FlexibilitySpinner wheels, reminiscent of skateboard and rollerblade wheels, have taken mobility to the next level. These wheels enhance maneuverability, allowing travelers to glide smoothly through busy airports or crowded streets.&nbsp;Ergonomic handles on the front of luggage and telescoping handles enable easy lifting and adjustment.New detachable pockets with magnetic attachment systems were also present. This provides travelers with enhanced packing options, serving as convenient storage compartments for on-the-go organization.5 - Lock Innovations - Streamlined SecurityThe emphasis on streamlined and secure travel experiences was clear, with many products showcasing advancements in lock technology. TS008 locks were a prominent feature, complemented by sleek, curved zipper pulls that combine form and function.These locks align with the industry demand for TSA-accepted locks, ensuring a balance of passenger peace of mind and smooth inspection processes.6 - A Platform to Enhance SourcingOur newly launched sourcing platform&nbsp;received a positive response at the fair.Featured in Wanbang magazine and banner placements, the site saw great engagement, with users spending an average of 5 minutes per session.During the fair, we connected with industry experts through video interviews, gaining insights to support both seasoned buyers and newcomers in navigating the landscape of luggage manufacturing.

The 136th Canton Fair was a great display of creativity and new ideas in the luggage industry. We explored the new trends that will shape 2025.

Autumn Canton Fair Trends for 2025

Travel Sentry News | September 2024Recent Trends in Chinese Tourism PerformanceImage by leungchopanDomestic TourismIn 2023, Chinese domestic tourism made a strong comeback. Travelers took 489 million trips within the country, generating RMB 4.9 trillion (US$679 billion) in revenue. This marks a five-year high in spending per domestic traveler, even surpassing pre-pandemic levels.This growth in internal tourism reflects strong demand for local trips. Many Chinese travelers now prefer domestic options because of better services and value for money. Experts predict that domestic tourism will continue to grow and surpass pre-pandemic levels by the end of 2024.Outbound TravelOutbound travel has recovered more slowly. In 2023, Chinese outbound travel hit 101 million cross-border trips, which is just 60% of what it was in 2019. Many of these trips went to nearby places like Hong Kong, Macau, and Taiwan.Travel to other countries has been slower to bounce back, only reaching 36.3% of pre-pandemic levels. However, countries like South Korea, Australia, and Singapore, which reopened earlier, saw better recovery, with over 65% of Chinese tourists returning.Inbound TourismChina’s inbound tourism is making a comeback in 2024, reaching 85% of pre-pandemic levels during big holidays like Golden Week.China, as one of the largest outbound travel markets and a major tourist destination, is playing a key role in the global travel recovery. Countries with visa-free entry agreements, such as Thailand, Singapore, and Malaysia, have seen big increases in Chinese tourists visiting these travel destinations.Obstacles to Outbound Travel RecoveryThere are several reasons why Chinese outbound travel is recovering slowly:Economic Issues:The COVID-19 pandemic impacted household finances, making it harder for people to afford international trips.The lower value of the RMB and higher travel costs, including inflation in popular tourist destinations, have made international trips more expensive.Domestic tourism is more affordable and offers good value, reducing the need for many travelers to look outside the country.Policy Challenges:Difficult visa processes and geopolitical tensions make travel planning harder.Government restrictions on “non-essential” outbound travel, especially for those working in state-owned companies, have further limited travel.Future of Chinese Outbound TourismEven with these challenges, experts expect Chinese outbound travel to recover in 2024. They predict that:Travel spending will recover faster than the number of tourists. This is due to higher travel costs and the fact that wealthier travelers are less sensitive to price hikes.Lower inflation and a stable RMB will encourage more Chinese travelers to explore popular travel destinations.More flights, especially in the Asia-Pacific and Middle Eastern regions, will drive further demand.However, high youth unemployment remains a problem. Young Chinese travelers make up a big part of the market, so job insecurity may continue to slow down recovery.Long-Term ProspectsIn the long term, Chinese outbound tourism will grow, driven by rising incomes. Experts predict that spending on travel and tourism will increase, but at a slower rate than in the 2010s. With only 14% of adults holding passports, there is still a huge potential market for international travel.There is also a shift from shopping to cultural and experience-focused travel. For example, Chinese tourists in Japan are now spending more on accommodation and entertainment and less on shopping. This trend shows a growing interest in authentic, local experiences among Chinese travelers.Visa-Free Agreements and Regional TravelVisa-free agreements have been crucial in boosting outbound travel. Countries like Thailand, Singapore, Malaysia, and the UAE have seen a rise in Chinese tourists due to these easier travel processes. For example, Singapore experienced a 45% increase in Chinese travelers during Chinese New Year 2024.Regional travel to places like Hong Kong, Macau, and Taiwan remains popular, benefiting from easier travel policies and proximity. This regional trend shows how important inbound tourism and regional travel will be in recovery.Inbound Tourism and Domestic Travel PreferencesThe rise in domestic tourism has changed travel preferences. More Chinese travelers are valuing the convenience and cost-effectiveness of internal tourism. Popular tourist destinations like Hainan Island have seen more luxury and experiential travel as Chinese tourists look for high-quality domestic experiences. As inbound tourism continues to recover, this shift will influence both domestic and international markets, especially during busy travel periods like Golden Week.

In 2023, Chinese outbound travel hit 101 million cross-border trips, which is just 60% of what it was in 2019. 

Recent Trends in Chinese Tourism

Travel Sentry News | October 2024How PFAS Regulations Will Affect Travel Goods Industry in 2025What Luggage Manufacturers and Buyers Need to KnowStarting in 2025, new laws will impact the luggage industry due to growing concerns about PFAS (Per- and Polyfluoroalkyl Substances). These chemicals have been used in many products for years, but now they are seen as harmful because they don't break down in the environment and can affect human health.PFAS are commonly found in water-repellent and stain-resistant products, including luggage.What Are PFAS and Why Are They Being Regulated?PFAS are often called "forever chemicals" because they take a long time to break down in the environment. While they are useful for making products like luggage more durable and resistant to water and stains, they also pose risks.PFAS have been found in public water systems and can harm human health. Governments are making new laws to limit the use of PFAS in consumer products, including the Safe Drinking Water Act and the Toxic Substances Control Act (TSCA).Starting in January 2025, several U.S. states, such as California and Vermont, will ban the sale of products containing intentionally added PFAS.Impact on Luggage ManufacturersLuggage manufacturers will face challenges in meeting these new PFAS regulations. Many products use PFAS coatings for water resistance and durability. Now, manufacturers must change how they make their products to avoid violating these bans.Key Steps for Manufacturers:Find New Materials: Manufacturers must replace PFAS with new materials that provide the same benefits. This could involve working with suppliers to find PFAS-free alternatives and ensuring they follow the Resource Conservation and Recovery Act rules.Test All Components: PFAS are present in the fabric, zippers, buttons, and other parts of luggage. Manufacturers must test all components to ensure they comply with new regulations, such as the Unregulated Contaminant Monitoring Rule (UCMR), which tracks harmful substances.Follow Federal Laws: In addition to state regulations, manufacturers must comply with federal laws like TSCA, which monitors harmful chemicals, and NPDES permitting under the Clean Water Act, which controls pollutants in the water supply.Stay Informed: The EPA has created a PFAS Strategic Roadmap to outline future steps for reducing PFAS exposure. Manufacturers should follow these updates closely to ensure compliance.Impact on BuyersBuyers, including retailers and bulk purchasers, also need to understand the impact of PFAS regulations. Many consumers worry about PFAS in their drinking water, and buyers must ensure they purchase safe, compliant products.Key Considerations for Buyers:Ensure Compliance: Buyers should request certificates from manufacturers to confirm that their products do not contain intentionally added PFAS.Testing Products: Some buyers may want to test products before they purchase or sell them.Meet Consumer Demand: Consumers are more aware of PFAS and want safer, more environmentally-friendly products. Offering luggage that meets these standards can build trust and boost sales.What’s Next for the Luggage Industry?With these changes coming in 2025, luggage manufacturers and buyers must act now to stay compliant. Manufacturers should work on changing their products and testing for PFAS. Buyers must check that the products they sell are safe and follow all rules.The Safe Drinking Water Act and Toxic Substances Control Act are just a few of the laws driving these changes, and the EPA's PFAS Strategic Roadmap will continue to shape the industry's future. Staying informed and proactive is the best way to avoid penalties and provide safe, high-quality products.

Starting in 2025, new laws will impact the luggage industry due to growing concerns about PFAS (Per- and Polyfluoroalkyl Substances).

PFAS Regulations and Travel Goods

Travel Sentry News | September 2024Exploring Global Trends in 2024 and 2025 TravelTravel trends in 2024 changed because of new traveler preferences, technology improvements, and a greater emphasis on sustainable travel. This article looks at the main trends in travel, like solo trips and sustainable tourism, that will shape the future.Table of ContentsThe Rise of the Solo TripsDomestic TripsSustainable TourismImpact of Technology on TravelGenerational Travel PreferencesFurther TrendsConclusion1. The Rise of Solo TripsImage by Joshua NessInstead of the "revenge travel" boom seen in 2023, solo travel skyrocketed in 2024. Solo travelers, especially Gen Z and Millennials, seek independence and self-discovery. According to a recent survey by American Express, 69% of travelers planned to embark on solo journeys this year. This surge is mirrored in social media, with the hashtag #solotravel being used over 9 million times.The Hilton 2025 Trends Report also identifies "MeMooners" as a growing group of solo travelers. These individuals prioritize personalized itineraries and flexible dining experiences, and many appreciate suggested activities where they can meet other solo adventurers. 44% of solo travelers enjoy group events, while 64% prefer solitude during their travels​.2. Domestic TripsImage by Автошкола ТЕХНИКА from PixabayWhile international travel often grabs the headlines, domestic trips remain the backbone of the travel industry. The June IATA report highlights that domestic travel maintained a steady 4.3% year-on-year growth as of June 2024. American travelers are particularly keen on local exploration due to convenience and affordability.The British Airways Holidays 2024 Report highlights "season stretching." This movement encourages travelers to choose off-peak times like May or October. These months are great for visiting places at a lower cost and with fewer crowds.This change is also helping to lengthen summer travel seasons in places like the Canary Islands and Malta. These locations have seen significant increases in bookings.3. Sustainable TourismImage by Laurent from PixabaySustainable tourism has transitioned from a buzzword to a priority for many travelers. Recent IATA reports indicate that despite travel demand, passengers are now increasingly emphasizing sustainable travel options.Similarly, the Hilton 2025 Trends Report shows that 73% of travelers prioritize minimizing their environmental impact. 62% of travelers consider a hotel’s sustainability practices to be a key factor when choosing accommodations​Travelers are also opting for "slow travel", seeking immersive, culturally authentic experiences and exploring secondary cities instead of popular tourist hubs. As economic challenges persist, many are choosing sustainable travel options, such as overnight trains, which save both costs and carbon emissions4. The Impact of Technology on TravelSvitlana Hulko&nbsp;/ Alamy Stock PhotoTechnology continues to transform the travel industry in 2024. These innovations, from gen AI to chatbots, make travel more accessible and tailored to individual needs. The recent IATA report showed that although passengers still have strong demand, the growth rate has started leveling. This indicates that the industry is stabilizing, and technology will be crucial in maintaining and improving traveler experiences.The Travel &amp; Leisure Sector Snapshot highlights how travel industries increasingly leverage technology to provide more personalized and streamlined experiences. Generative AI tools like ChatGPT are changing how people plan their trips. They help travelers connect with service providers, making the travel experience more efficient and personalized.The Hilton report also points to an emerging trend of digital detox vacations—with 24% of travelers actively powering down social media during their trips.5. Generational Travel PreferencesBy HalfpointBaby boomers remain a significant demographic in the travel market, though their preferences differ from those of younger generations. While younger travelers are more adventurous, baby boomers prefer comfort and familiarity. They often choose destinations that offer ease of access and high levels of service.The Travel &amp; Leisure Sector Snapshot reinforces this, noting that baby boomers are still willing to spend on leisure travel. They look for value, particularly for experiences that allow them to spend quality time with family.Social media heavily influence Gen Z travelers in the US and UK in their travel planning. Platforms like TikTok and Instagram serve as primary sources of inspiration. They also prioritize sustainable and immersive experiences that align with their values​. According to the British Airways Report, 23% of UK consumers use TikTok for holiday inspiration, and 18% have booked trips directly based on the content they've seen.Integrating social media into travel planning and emphasizing sustainability suggests that brands must focus on creating visually appealing and value-driven experiences. Engaging with Gen Z through user-generated content and sustainable offerings will be key to capturing this market.6. Further TrendsEmbracing "Travel Now, Pay Later" by Indian TravelersIn India, the "Travel Now, Pay Later" concept is gaining traction, especially among younger travelers aged 26-45. With increasing disposable income, the growing middle class finds this financial model appealing. This trend is expected to drive the country's travel expenditure to $410 billion by 2030.Australians Prioritize Budget Holidays Amid Economic ChallengesAustralians are adjusting their travel habits because of the cost-of-living crisis by booking budget-friendly holidays. This has shifted towards solo and couple getaways rather than larger family trips.US Gen Zers Prioritizing Travel and Experiences Over SavingsGen Zers in the US prioritize travel and unique experiences over traditional financial goals. Despite lower incomes, they travel more and spend a significant part of their budget on leisure travel. This creates an opportunity for brands to cater to their desire for adventure and cultural immersion. They are also budget-conscious, often seeking the cheapest travel options.Holiday Hackers: Sacrifices for Travel in Tight Economic TimesTravelers are making lifestyle sacrifices to afford vacations, a trend known as "Holiday Hacking." Despite economic challenges, travel remains a priority, leading to early booking and a focus on budget-friendly options.Increased Travel Budgets Among British TravelersDespite economic challenges, 4 in 10 Brits plan to increase their travel budget in 2024 for a "trip of a lifetime. This indicates a strong recovery for the UK travel industry, which focuses on premium and unique travel offerings.Summer Travel Plans in the US: Debt and Discretionary SpendingIn the US, over half the population plans to take a summer vacation in 2024. Many are willing to fall into debt to fund their trips using credit cards, "buy now, pay later" services, and personal loans. This trend emphasizes the need for financial products and services that cater to travelers, especially younger generations. Brands offering flexible payment options for budget-conscious travelers are likely to thrive.7. ConclusionIn 2024, the global travel industry is experiencing significant shifts driven by evolving traveler preferences, technology, and sustainability.Solo travel, domestic trips, and sustainable tourism are on the rise. Economic challenges are prompting budget-friendly options. Technology, like generative AI, is transforming trip planning and experiences. The industry must adapt by offering flexible, innovative, and sustainable solutions to meet modern travelers' diverse needs.

"MeMooners" are a growing group of solo travelers in 2025 who prioritize personalized itineraries and flexible dining experiences.

Exploring Trends in Travel  2024 & 2025 

Travel Sentry News | June 2024The Impact of Rising Sea Freight RatesCredit: Suphanat KhumsapSea freight rates have recently surged dramatically, affecting many industries, including luggage manufacturing.Shipping costs from Shanghai to Rotterdam increased by 20% in just one week, and similar hikes occurred on other routes. Shipping costs can be very high, sometimes reaching $6,000 to $7,500 per container. Shipping costs may even increase to $10,000.Why Are Rates Increasing?Red Sea Crisis: Ships now have to travel around Africa instead of through the Suez Canal because of a crisis in the Red Sea, adding more days and costs to their journeys and increasing ocean freight rates.High Demand and Low Supply: There is significant demand for sea transport, but not enough ships and containers are available, especially in major ports like Shanghai and Ningbo. This equipment shortage is pushing prices up, increasing transit times and rate increases.Weather and Regulations: New climate regulations in the EU have added extra costs to shipping. Recent bad weather in Asia has delayed many shipments, worsening port congestion. This impacts shipping rates and overall freight shipping efficiency.Market Behavior: Shipping companies prefer to take cargo at higher spot market prices rather than honoring lower long-term contract rates, frustrating many importers. This behavior affects global freight dynamics and the availability of accurate freight quotes.How Does This Affect Luggage Manufacturing?The luggage manufacturing industry relies heavily on international shipping for raw materials and finished products. Rising sea freight rates and the peak season further complicate logistics.Higher Production Costs: Increased shipping costs mean that the materials needed for making luggage become more expensive, raising the overall production costs.Supply Chain Delays:&nbsp;Delays and congestion at ports can disrupt the steady supply of materials, causing production delays and inventory issues, especially affecting routes to the U.S East Coast and West Coast.Price Increases: Manufacturers may need to raise their prices to cover the higher costs, which could reduce consumer demand.Production Strategy Changes: To avoid high shipping costs, some manufacturers might move their production closer to their primary markets, investing in local facilities or finding new supply chains.Looking AheadAlthough current freight rates are high, they might not reach the extreme levels seen during the COVID-19 pandemic. However, these elevated rates might continue because of ongoing crises, high demand, and new freight shipping regulations.Manufacturers must stay flexible and find ways to reduce the impact of high shipping costs. This could involve exploring new shipping routes, negotiating better terms with shipping companies, or increasing local production.The luggage manufacturing industry faces significant challenges because of rising sea freight rates. By understanding the causes and effects, manufacturers can better navigate these changes and remain competitive in the global market.

Sea freight rates have recently surged dramatically, affecting many industries, including luggage manufacturing. 

Sea Freight Price Rates

Travel Sentry News | June 2024Travel Sentry’s Commitment to 1% for the PlanetPhoto credit: Coral Reef Red Sea Egypt Marsa Alam by kwiktorTravel Sentry's Role and DedicationTravel Sentry is a proudly certified business member of 1% for the Planet, committing to donate 1% of annual sales to support environmental organizations. This aligns with our dedication to reducing our carbon footprint and greenhouse gas emissions, supporting the Net Zero Initiative. We aim for net zero by 2050 or sooner, contributing to global emissions reduction efforts and enhancing energy efficiency.1% for the Planet was founded in 2002 by Yvon Chouinard, founder of Patagonia, and Craig Mathews, founder of Blue Ribbon Flies. It now includes 5,200+ business members and 6,700+ environmental partners. It spans 110+ countries, with over $635 million certified in donations.A Network of Accountability and Impact1% for the Planet ensures businesses uphold their commitment to environmental giving.&nbsp;By contributing 1% of their annual sales, members have raised significant funds to support global environmental partners. These partners are vetted for their track record and environmental focus, ensuring effective and impactful giving. We are proud to be part of this movement, which aims to increase environmental philanthropy and drive on-the-ground action for the planet’s future.The network supports various initiatives, including education for women through partners like Room to Read, demonstrating a broad commitment to sustainable development and social responsibility.Celebrating Commitment"Commit, then figure it out" is the ethos of 1% for the Planet. Celebrating over 20 years of dedication, the organization continues to grow, welcoming new members.Kate Williams, CEO of 1% for the Planet, emphasizes the need for greater support, with only a small percentage of philanthropy currently allocated to environmental causes like reducing CO2 emissions, capturing and storing carbon dioxide, and meeting net-zero targets.Join Us in Making a Difference1% for the Planet invites businesses to share their certification and commitment with employees, customers, and communities. The organization provides resources for marketing campaigns, partnership stories, and opportunities to celebrate collective action at events. The certification prevents greenwashing, ensuring reputable giving and accountability. This commitment aligns with the Paris Agreement goals to limit global temperature rise and achieve long-term climate stability.Being a member of the 1% for the Planet means Travel Sentry has the privilege of supporting fantastic companies and projects globally.One of these partners is City to Sea, an environmental organization dedicated to ending plastic pollution through targeted campaigns for individuals and businesses.Their award-winning campaign is Refill, which aims for a world where people can easily reuse their bottles, cups, and containers wherever they go. Refill is an app that helps people discover local businesses where they can buy food, drinks, and other products with less waste. The app is free to download and allows users to easily find nearby places to get a refill.A few statistics from City to Sea and World Refill Day:The Refill campaign has saved an estimated 60 million + plastic bottles since it launchedThey have reached over half a million downloads of the Refill appThe number of people who usually drink tap water on the go is now more than doubled from 1 in every 5 people (18%) to 1 in every 2 people (55%) since the Refill campaign launchedFor more information, visit www.onepercentfortheplanet.org.

We are a certified business member of 1% for the Planet, committing to donate 1% of annual sales to support environmental organizations.

1% for the Planet

Travel Sentry News | May 2024The Impact of Travel Sentry's Involvement in the Carbon Disclosure ProjectTable of ContentsIntroductionUnderstanding the Carbon Disclosure Project (CDP)Benefits of CDP Reporting for Brands and ManufacturersTravel Sentry's Commitment to Environmental DisclosureOvercoming Industry ChallengesPhoto Credit: travel to Lagoon in Oludeniz, Fethiye, Turkey by seleznev_photos1.&nbsp;Introduction to Travel Sentry and CDPAt Travel Sentry, we are investing in our licensees to join the CDP global disclosure platform. This is to demonstrate our ongoing commitment to sustainability and corporate social responsibility. Here are five benefits of joining the project, which luggage manufacturers can access for free:• Protect and enhance your company's reputation• Increase your competitive advantage• Monitor and compare your environmental performance• Identify potential risks and opportunities• Stay ahead of regulationsWe are committed to advancing environmental stewardship and transparent reporting by investing in our licensees joining the CDP global disclosure platform. This initiative perfectly aligns with our philanthropic projects and highlights our unwavering dedication to fostering a sustainable future. At Travel Sentry, we lead the way by example. Our support for licensees in joining the CDP aims to cultivate a culture of unwavering transparency and accountability. Our active engagement in the CDP project is crucial to a broader strategy to confront climate risks and champion sustainable practices throughout the luggage manufacturing industry.2.&nbsp;Understanding the Carbon Disclosure Project (CDP)The CDP, formerly the Carbon Disclosure Project, is an internationally recognized non-profit organization that helps companies and cities disclose their environmental impact. CDP reporting provides a framework for organizations to measure and manage their environmental risks and opportunities. A company's CDP score shows its performance in areas like climate change, forest preservation, and water protection and how transparent the company is about these efforts.The CDP has a vast database of environmental information. This allows companies to understand and address potential environmental risks before new regulations and policies occur.3. Benefits of CDP Reporting for Brands and ManufacturersProtect and Enhance Your Company's ReputationEngaging with the CDP enhances your company’s reputation by demonstrating a commitment to environmental responsibility. Efforts to protect the environment and reduce greenhouse gas emissions demonstrate corporate social responsibility, enhancing corporate reputation and brand building.Increase Your Competitive AdvantageCompanies that proactively manage their environmental impact through CDP reporting gain a competitive edge. Obtaining a CDP rating demonstrates transparency and progress in reducing emissions, enhancing competitiveness, and appealing to investors and consumers.Monitor and Compare Your Environmental PerformanceThe CDP’s online response system allows companies to disclose carbon emissions information, calculate emissions, set emission reduction targets, and ultimately obtain a CDP rating.&nbsp;Identify Potential Risks and OpportunitiesBy 2022, over 18,000 companies, representing more than half of the global market capitalization, and over 1,100 cities, states, and regions disclosed their environmental impact data through the CDP platform.&nbsp;The CDP score is widely used in investment and procurement decisions, ensuring the sustainability of purchased goods. This disclosure helps companies identify and assess climate risks and opportunities within their supply chain, facilitating robust risk management strategies and innovation opportunities.Stay Ahead of RegulationsEnvironmental regulations are becoming increasingly stringent worldwide. By participating in the CDP, companies can stay ahead of evolving reporting requirements and ensure compliance with international standards and frameworks. Controlling greenhouse gas emissions is a global trend, and joining CDP prepares businesses to meet compliance requirements in advance.4. Travel Sentry's Commitment to Environmental DisclosureAt Travel Sentry, we believe in leading by example. By supporting our licensees in joining the CDP, we aim to foster a culture of transparency and accountability. Our involvement in the CDP project is part of a broader strategy to address climate risks and promote sustainable practices across the luggage manufacturing industry.5. Overcoming Industry ChallengesA recent survey by Swiss Climate, commissioned by Travel Sentry, revealed that the travel goods industry faces challenges such as regulatory uncertainty, the complexity of carbon footprint certification, financial constraints, and a need to understand carbon footprint issues. To develop healthily and rapidly, the industry must overcome these obstacles. Participating in the CDP initiative is a crucial first step towards improving "carbon health."Travel Sentry and our licensees are taking significant steps toward greater environmental transparency and sustainability by participating in the Carbon Disclosure Project. We are committed to using the insights gained from CDP reporting to drive meaningful change and promote a more sustainable future for all. Through our ongoing support and investment in CDP initiatives, we aim to protect the environment, enhance our competitive advantage, and lead responsible environmental stewardship.

We at Travel Sentry invested in licensees to join the CDP global disclosure platform to demonstrate our ongoing commitment to sustainability.