- Forbes reports that “2023 travel trends show no slowdown”
- SHRG’s MyTravelVentures offers members full access to exclusive deals across the travel industry
- The company just wrapped up an exclusive premium resort getaway to Cancun, Mexico
As travel spending continues to trend upward, Sharing Services Global (OTCQB: SHRG) wholly owned subsidiary, MyTravelVentures, celebrated a milestone: the company just completed its first-ever Venture Trip at the Sensira Resort and Spa in Cancun, Mexico (https://ibn.fm/61KkX). MyTravelVentures is a subscription-based travel company that offers access to wholesale travel savings, and the company is looking to strengthen its position as the travel space grows.
According to a recent report from the U.S. Travel Association, total travel spending In May improved to 1.4% above May 2022 levels and was up 5.5% year-to-date through May 2023 (https://ibn.fm/smQ5K). In addition, air travel demand remained above May 2022.
Furthermore, Forbes is reporting that, even with continuing inflation, layoffs and a potential recession, “2023 travel trends show no slowdown” (https://ibn.fm/hcBzc). According to the July 1, 2023, article, “Despite the challenges that came with traveling last year, Americans still intend to travel in 2023. A resounding 87% of survey respondents expect to travel at least as much as they did in the prior year, with 49% selecting that they expect to travel more.
“This is especially true among younger respondents, with 59% of those between the ages of 18 to 26 planning to travel more in 2023,” the report continued. “This is impressive considering 45% of respondents traveled once or twice in 2022, with 42% traveling three or more times in 2022. All types of trips remain popular for the coming year, though visiting with friends and family leads the list. Over half of respondents expect to take leisure trips to see loved ones. Road trips, beach vacations and trips to celebrate life events or milestones such as a birthday or anniversary were also popular vacation options.”
This is the ideal climate for MyTravelVentures to prosper and grow. The company’s subscription-based membership plan, which is available for a recurring monthly fee with no contracts or commitments, offers members full access to exclusive deals across the travel industry. These deals represent savings of up to 65% on a variety of services, including flights, hotels, transportation and events; the plan even includes nontravel-related services such as retailer discounts, cash-back programs and telehealth services.
Even more exciting are the company’s curated, all-inclusive group vacation packages. These exclusive Venture Trips offer premium resort getaways with immersive experiences. The inaugural Venture Trip wrapped up earlier this year, with participants enjoying a luxurious multiday getaway in Cancun, Mexico, at the Sensira Resort and Spa. The memorable Mexico vacation included premier dining experiences, premium spa and resort amenities, and organized activities at the resort and nearby beaches.
“We couldn’t be more excited about our first Venture Trip in Cancun,” said MyTravelVentures vice president Dave Dove. “It was the ultimate getaway. We had over 50 members in attendance, an amazing resort, a 10-course meal at the Galerie des Sans restaurant, a poker night and so much more. And the best part, hands down, was connecting with such a diverse and fun community of people.”
Sharing Services Global Corporation is a publicly traded diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer.
For more information, visit the company’s website at www.SHRGInc.com.
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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