Corporate travel goes into cost control mode - According to BCD Travel's latest survey of more than 200 travel buyers worldwide, more than half of travel buyers have seen their travel budgets decrease in recent years.
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China: Travel bookings to peak early this summer - Thanks to streamlined visa policies and an increased desire to explore new places, summer travel bookings are expected to peak earlier this year.
Jun 19, 2024 • Travel
UK: Consumer sentiment improves, but holiday costs remain a concern - Consumers feel better about their finances and are eager to book vacations, but many are waiting for late sales, new PwC research confirms.
Jun 19, 2024 • Travel
Business travel boosts companies' profits and employee morale - Most companies plan to increase their travel budgets this year, as executives recognize the value of business travel to both revenue generation and employee morale.
Jun 18, 2024 • Travel
The goals set for AI in travel are overly ambitious - Initially, the goal was to tackle complex challenges such as travel planning and booking. However, many have realized the importance of focusing on smaller, more manageable tasks.
Jun 18, 2024 • Travel
TravelPerk acquires U.S. rival - The European corporate travel booking platform has acquired Chicago-based startup AmTrav to support its expansion efforts in the U.S. market.
Jun 18, 2024 • Travel
Appealing to high-end travelers - Marriott's vice president of ultra-luxury hotels discusses exclusive destinations, thoughtful experiences and emerging trends in luxury travel.
Jun 18, 2024 • Travel
Chinese outbound travel recovery lags due to costs - Recovery is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.
Jun 17, 2024 • Travel
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