India’s corporate travel market to touch $20.8 billion by 2030 - Approximately 25% of bookings come from corporate contracts, while 15% come from agents or OTAs for corporate, non-corporate or SME customers using SME rates.

Sep 25, 2024 • Travel

Google and Sabre unveil AI-driven travel innovations - The two companies hosted a virtual event to showcase the latest innovations from their four-year partnership, focusing on advances in artificial intelligence and generative AI.

Sep 25, 2024 • Travel

McKinsey identifies three major themes that will shape tourism in 2024 - Global travel is back and booming. More regional travel, new emerging travelers and a fresh set of destinations are driving steady spending.

Sep 24, 2024 • Travel

Europe: Group business segment shows signs of recovery - European hotels saw a surge in demand from major events this summer, with promising signs of a recovery in group business.

Sep 24, 2024 • Travel

Rapid transition to online bookings in the coming years - The global travel market is forecasted to grow 6-10% annually through 2026, with online bookings expected to reach 65% of all travel by 2026.

Sep 23, 2024 • Travel

Global business travel costs moderating in 2024 - Latest research from CWT and GBTA reveals that while costs will continue to rise, the pace of these increases will be notably slower through 2024 and into 2025.

Sep 23, 2024 • Travel

Top travel trends according to advisors - Travel trends for this year and next indicate that consumers are increasingly looking for more authentic and immersive experiences in their destinations.

Sep 19, 2024 • Travel

The rise of tourist taxes - From hotel stays to museum visits to national park admissions, paying extra for the privilege of being a tourist is becoming increasingly common.

Sep 16, 2024 • Travel