Articles tagged “prices”

Airlines

Ryanair CEO Blasts Italy’s Price Cap on Flights to Sicily and Sardinia

Although Ryanair CEO Michael O'Leary maintains the company is committed to expanding in Italy, he certainly seems equally as eager to hit the government hard for moves he considers unfathomable.

Ryanair CEO Blasts Italy’s Price Cap on Flights to Sicily and Sardinia

Tourism

Memorial Day Trips Set To Rise: ‘Summer Travel is Officially Back’

Although inflation is still impacting many Americans' travel plans, the U.S. travel industry is poised to have its biggest Memorial Day weekend in years — another major step in its recovery from the pandemic.

Memorial Day Trips Set To Rise: ‘Summer Travel is Officially Back’

Tourism

Travel Spending to Hold Steady in 2023: New Skift Research U.S. Travel Tracker

Despite rising prices, many U.S. travelers are protecting their travel budgets, said the latest survey by Skift Research. We're cautiously optimistic about this trend.

Travel Spending to Hold Steady in 2023: New Skift Research U.S. Travel Tracker

Hotels

Las Vegas Hotels Deny Conspiring to Artificially Raise Room Rates

Attorneys representing Las Vegas' most prominent hotels argue the lawsuit alleging a conspiracy to keep room rates high lacks a very important piece of evidence — proof of communication between any of the defendants.

Las Vegas Hotels Deny Conspiring to Artificially Raise Room Rates

Tourism

A Third of Americans Plans to Cut Back on Travel Spending This Year: New Skift Research U.S. Travel Tracker

An increasing number of Americans have started to feel the pinch of increasing travel prices. Thirty-four percent of Americans, 10 percentage points higher than last October, plan to decrease their spending on travel in the next 12 months.

A Third of Americans Plans to Cut Back on Travel Spending This Year: New Skift Research U.S. Travel Tracker

Tourism

Americans Not Deterred by Higher Travel Prices: New Skift Research U.S. Travel Tracker

High season ... what high season? In September, 57 percent of Americans traveled, 10 percentage points higher than last September. The normal fall slump after the summer months did not occur, highlighting how the vacation season is being stretched as demand — and prices — remain high.

Americans Not Deterred by Higher Travel Prices: New Skift Research U.S. Travel Tracker

Tour Operators

How Long Can Tour Operators Absorb Costs Vs. Prolonged Inflation?

Tour operators believe inflation isn't slowing down travel demand. But they're fighting hard to ensure their sector's recovery won't take a hit if they can't avoid passing on rising costs to consumers with limited travel budgets.

How Long Can Tour Operators Absorb Costs Vs. Prolonged Inflation?

Business Travel

Computer Maker Dell Breaks From Conventional Methods of Booking Hotels — For Now

More companies are opting for dynamic and not static pricing because there's little risk of rates getting back to 2019's highs this year. Are airfares next?

Computer Maker Dell Breaks From Conventional Methods of Booking Hotels — For Now

Hotels

Why Price-Gouging at Luxury Hotels Could Backfire

There's a danger in the surging average daily rates as travel takes off: Luxury hotels don't have the staff or the ability to live up to inflated rates. This presents a long-term danger to carefully cultivated brands.

Why Price-Gouging at Luxury Hotels Could Backfire

Tourism

Why a Little Inflation Could Be Good for the Travel Sector

Many people in the U.S. have suddenly become worried about inflation. But experts and executives say the latest price hikes are mostly "good" inflation ... at least as far as the travel sector is concerned.

Why a Little Inflation Could Be Good for the Travel Sector