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

Business

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

Business

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

2026-08-14 03:32 Last Updated At:03:40

BOSTON--(BUSINESS WIRE)--Aug 13, 2026--

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.

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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.

"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.

About Magellan Jets

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.

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.

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.

NEW YORK (AP) — Luigi Mangione is expected to plead guilty as early as Friday in the federal case accusing him of stalking and killing UnitedHealthcare CEO Brian Thompson, according to a person familiar with the matter.

The person, who was not authorized to talk publicly about the case and spoke to The Associated Press on the condition of anonymity, cautioned that Mangione could change his mind. If he follows through, it would be a stunning development in a case that rattled business leaders while galvanizing their critics.

Mangione’s lawyers, and spokespeople for the Justice Department and Manhattan federal prosecutors, declined to comment.

Mangione is accused of traveling to New York City to ambush Thompson, 50, then shooting him outside a Manhattan hotel on Dec. 4, 2024, as the executive walked to UnitedHealth Group’s annual investor conference.

Mangione is due in court on Friday for a hastily scheduled hearing in the federal case, which involves two counts of stalking. It wasn’t clear what charge or charges Mangione is expected to plead guilty to. The hearing, in Manhattan federal court, comes as his lawyers have been talking with federal prosecutors about a possible resolution to one of two criminal cases against Mangione in Thompson’s death. Previous talks in June broke down.

Mangione, 28, has been charged in both federal and state court in New York and still faces the possibility of a trial in his unresolved state case. Mangione’s state murder trial is set to begin Sept. 8. Both sets of charges carried the possibility of a life sentence.

Mangione has pleaded not guilty and has spoken out publicly against the prospect of two trials, telling a judge in February: “It’s the same trial twice. One plus one is two. Double jeopardy by any commonsense definition.”

Under New York law, a state prosecution could be barred if the federal case is resolved first, but it isn’t automatic.

The state’s double jeopardy protections kick in if a jury has been sworn in a prior prosecution, such as a federal case, or if that prosecution ends in a guilty plea. Mangione’s cases involve different charges arising from the same course of conduct.

Once Mangione pleads guilty, his lawyers could then ask the judge in the state case to throw out those charges on double jeopardy grounds. State prosecutors argue their case is distinct and double jeopardy shouldn't apply.

Mangione’s federal charges allege that he traveled across state lines by bus to stalk and kill Thompson and that he used means such as a cellphone, the internet, interstate highways and staying at a hostel that serves out-of-state customers while planning and carrying out the attack. The state charges pertain to the killing itself, as well as firearms offenses.

In a letter last month, state prosecutors objected to the possibility of a guilty plea in the federal case wiping out the state case.

“Obviously, any guilty pleas in these matters must account for the seriousness of defendant’s offenses, the loss of an innocent life, the impact of those crimes on the victim’s family, and the other state interests that are implicated, including the sanctity of life principle that underpins the state homicide charges,” Seidemann wrote.

Mangione’s decision to plead guilty comes after a series of setbacks for his defense.

In January, U.S. District Judge Margaret Garnett took the death penalty off the table but ruled that prosecutors could use items collected from Mangione’s backpack during his arrest as evidence against him.

They included a 3D-printed pistol that investigators said matched the one used to kill Thompson and a notebook in which authorities say Mangione described his intent to kill an insurance executive.

In June, Mangione’s lawyers said they would pursue a psychiatric defense in the state case but reversed course a day later. The defense, involving claims that he was suffering from extreme emotional disturbance at the time of the killing, isn’t allowed in federal court.

Surveillance video of the killing showed a masked gunman shooting Thompson from behind. Police say “delay,” “deny” and “depose” were written on the ammunition, mimicking a phrase used to describe how insurers avoid paying claims.

Mangione, an Ivy League graduate from a wealthy Maryland family, was arrested five days later at a McDonald’s in Altoona, Pennsylvania, about 230 miles (about 370 kilometers) west of Manhattan.

He has become a cause célèbre for people upset with the health insurance industry.

An online fundraiser for his legal defense fund raised more than $1.5 million, and several dozen supporters have shown up to his court appearances, some wearing green clothing — the color worn by the Mario Bros. video game character Luigi — and “FREE LUIGI” T-shirts.

Durkin Richer reported from Washington.

Luigi Mangione appears for a pre-trial hearing at Manhattan Criminal Court in New York, on Tuesday, Aug. 11, 2026. (Steven Hirsch/New York Post via AP, Pool)

Luigi Mangione appears for a pre-trial hearing at Manhattan Criminal Court in New York, on Tuesday, Aug. 11, 2026. (Steven Hirsch/New York Post via AP, Pool)

Luigi Mangione appears for a pre-trial hearing at Manhattan Criminal Court in New York, on Tuesday, Aug. 11, 2026. (Barry Williams/The Daily News via AP, Pool)

Luigi Mangione appears for a pre-trial hearing at Manhattan Criminal Court in New York, on Tuesday, Aug. 11, 2026. (Barry Williams/The Daily News via AP, Pool)

Luigi Mangione attends a pre-trial hearing at Manhattan Criminal Court in New York, Tuesday, Aug. 11, 2026. (David Dee Delgado/Pool Photo via AP)

Luigi Mangione attends a pre-trial hearing at Manhattan Criminal Court in New York, Tuesday, Aug. 11, 2026. (David Dee Delgado/Pool Photo via AP)

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