News
Providing you with Travel industry news from around the world.
Consumers Show ‘Selectivity’ in Travel Spending Amidst Broader Economic Concerns
In recent earnings reports, Expedia Group (EXPE) CEO Ariane Gorin highlighted a trend of diminishing travel demand, signaling potential softening ...
Expedia Surpasses Q2 Profit Expectations Amidst Strong Global Travel Demand
Expedia reported better-than-expected profits for the second quarter, driven by sustained international travel demand. During an investor call, CEO Ariane ...
AI Travel Tech Firm FLYR Secures $295 Million in Funding
FLYR, an AI-powered travel technology company, announced on Thursday that it has raised $295 million in new funding. This investment ...
Vietnam Boosts Travel Industry with Visa-Free Access to 51 Countries
Vietnam’s outbound tourism sector has experienced remarkable growth in recent years, driven by economic development, rising disposable incomes, and an ...
SUNRATE Partners with Outpayce by Amadeus to Enhance B2B Travel Payments
SUNRATE, an intelligent global payment and treasury management platform, has announced a strategic partnership with Outpayce from Amadeus to enhance ...
Summer Tourism Heats Up Travel Market
As summer reaches its peak, temperatures across the country are soaring, but the tourism industry is proving to be even ...
US Consumer Spending Slowdown Impacts Travel and Leisure Sectors
US consumers are tightening their belts on travel and leisure expenditures, affecting major businesses such as Disney theme parks, Airbnb ...
Data Reveals Top Travel Destinations for Indians During August Long Weekend; ‘Minications’ Trend on the Rise
The approaching August long weekend, encompassing Independence Day, Parsi New Year, and Raksha Bandhan, presents a perfect opportunity for travel. ...
US Travel Advisory Hits Jamaica’s Hotel Sector Hard: Playa Hotels Reports Significant Revenue Decline
The financial impact of the US travel advisory issued earlier this year has been clearly demonstrated in the latest financial ...
Travel Surge: Cebu Pacific Sets Passenger Record and Reports P1.3 Billion Profit in Q2
MANILA, Philippines – Cebu Pacific has announced a record-breaking quarter, with the airline carrying its highest number of passengers ever ...