Why the World’s Screen-Time Boom Is Fueling a $7.5 Trillion Hospitality Surge, And What It Means for How Families Reunite

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Postmedia has not reviewed the content. by Business Wire Why the World's Screen-Time Boom Is Fueling a $7.5 Trillion Hospitality Surge, And What It Means for How Families ReuniteAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.Magellan Jets has built its reputation as a roadshow operator, moving executives to two cities a day across a seven-day stretch, and that business remains strong. Today, a newer pattern is emerging: families using private aviation as a tool to come together. Business WireBOSTON — The global hospitality industry is on a tear, and the reasons run deeper than a post-pandemic rebound. Market research projects the sector will reach roughly $5.8 trillion by the end of 2026 and climb to $7.5 trillion by 2030, a steady 6.4% annual growth rate that shows no sign of slowing.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountJoshua Marc Hebert, CEO and founder of Magellan Jets, has watched this trend build over 26 years in luxury hospitality and private aviation, and he has a plain-spoken theory about what’s driving it.Joshua Marc Hebert, CEO and founder of Magellan Jets, has watched this trend build over 26 years in luxury hospitality and private aviation, and he has a plain-spoken theory about what’s driving it.For Magellan Jets, that shift is showing up in the changing behaviors of private flyers. The company built its reputation as a roadshow operator, moving executives to two cities a day across a seven-day stretch, and that business remains strong. But a newer pattern is emerging: families using private aviation as a tool to close distance.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“We live on our devices now. Netflix, Prime, Apple TV, Hulu, video games, the phone in your pocket. People spend enormous parts of their lives on a screen. The more time we spend there, the more we value the opposite: real time, with real people, outside the four walls where all that screen time happens. That’s what hospitality sells. And that’s why it keeps growing,” said Hebert. “It’s hard for grandparents to travel to their kids and grandkids, and it’s often just as hard for the family to make the trip the other way, so we bring them together. And here’s the honest truth about grandkids, when their parents say, ‘we’re going to visit your grandparents,’ they don’t always jump for joy. But when the grandparents send a private jet, the answer is always yes. Private aviation is a tool. For our roadshow clients, it’s a tool for productivity. For our families, it’s a tool for connection. As the world spends more of its life looking at a screen, the value of getting people into the same room only goes up. That’s the trend, and I don’t see it reversing.”The pandemic accelerated the shift, but did not create it. The lockdown years taught a generation what it costs to be kept apart, but the upward trend was already underway well before 2020. What COVID did was sharpen the appetite for shared experiences that a screen can never replace.In Hebert’s view, this is what modern hospitality has become. Not a hotel room or a restaurant table, but a means to buy back the one thing screens have made scarce: time together.Magellan Jets is a world-class private aviation solutions provider offering Jet Cards, Charter Flights, Fractional Ownership, and Aircraft Sales and Management Services. With a focus on safety, hospitality, and Client care, the company is setting a new standard in private jet travel. Magellan Jets has flown Private Clients to over 100 countries and consistently delivers exceptional service, maintaining a 4.9-out-of-5-star rating. The company has been featured on the Inc. 5000 list of “Fastest Growing Companies in America,” awarded Robb Report’s “Best of the Best,” and named Modern Luxury’s “Best Private Charter.”Founded in Boston in 2008, Magellan Jets is headquartered in Quincy, Massachusetts, with a private terminal in Bedford, Massachusetts.To learn more, visit www.magellanjets.com and follow the company on LinkedIn, Instagram, Facebook, and YouTube.View source version on businesswire.com: Miranda Hlaing mhlaing@magellanjets.com 818-632-8452This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.