British Airways predicts another bumper summer - Continued demand from holidaymakers and tech executives driving recovery in business travel is boosting airline revenues despite weakness in Asia.
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Chinese domestic travel surge bypasses hotel chains - While travel spending increased over the Labour Day holiday, hotel chains' revenue per available room and occupancy rates both fell.
May 13, 2024 • Travel
Domestic tourism soars in China but foreigners stay away - With the Chinese economy facing massive challenges, there have been concerns over its growth potential, at least in the immediate future.
May 10, 2024 • Travel
Amex GBT sees big gains from tech customers - The travel management company said a recent survey of its top 100 clients found that they expect their travel spend to increase by 8% by 2024.
May 8, 2024 • Travel
New forecast highlights growth of international visits to U.S. - According to NTTO, there were 66.5 million international visits the U.S. in 2023, reflecting 31% annual growth, but still at just 84% of pre-pandemic inbound visitation levels.
May 8, 2024 • Travel
Clouds still over European tourism recovery - European tourism remains concerned about inflation and geopolitics, despite surpassing pre-pandemic visitor levels in Q1.
May 8, 2024 • Travel
Amadeus profit rises as bookings recover - The company posted a 20% rise in first-quarter net profit to 325 million euros as travelers booked more air travel.
May 8, 2024 • Travel
The new traveler: Free spirits and brand loyalty - Traveling today is the best it’s ever been, giving travel and hospitality brands ample legroom on their journey to tremendous brand growth.
May 7, 2024 • Travel
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