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Tourism
Travel and tourism industry accounted for around 6% of India's GDP in 2022. The country has therefore been focusing on boosting tourism.
Bulbul Dhawan | 1 week ago
The Indian tour and travel sector is poised for robust 12-14% growth in the current and upcoming fiscal years. The growth, despite high airfares, shows cost doesn’t matter when it comes to travelling.
Ashvita Singh, Skift | 4 months ago
Airlines
Ancillaries are increasingly essential to the financial health and resilience of airlines. Sabre’s new Upgrade IQ product uses artificial intelligence (AI) and machine learning (ML) to optimize airlines’ premium cabin inventory and unlock incremental revenue.
Sabre + Skift | 5 months ago
Travel Booking
As today’s travelers seek more personalized experiences, hoteliers need to develop holistic retailing strategies that go beyond the guest room. Activating purchase touchpoints that include flexible gift cards and other ancillary products can help maximize revenue.
Sabre Hospitality + Skift | 6 months ago
As the world sprints back to normal, France's record tourism spending points to the boom in international travel despite the global cost of living squeeze.
Reuters | 8 months ago
Hotels
Wyndham and Choice are known for their franchise-based portfolios in the U.S. midscale and economy sectors. As other major brands explore expansion into this area, we offer an analysis of the current frontrunners with 20 key charts.
Pranavi Agarwal | 8 months ago
The major hotels and OTA companies reported strong earnings this month, signaling robust travel demand despite economic uncertainties. The companies most skewed to Asia now offer the greatest potential for growth and share price gains.
While American Airlines' second quarter results were good, they weren't quite good enough for investors after Delta and United set a high bar.
Jess Wade, Skift | 9 months ago
Online Travel
Having narrowed its net loss in its fiscal second quarter, MakeMyTrip's bet to concentrate on India's hinterlands seems to have paid off as the online travel agency noted that a major part of its new traffic came from smaller cities.
Peden Doma Bhutia | 1 year ago
Travel Technology
As new booking windows and travel patterns reshape the hotel industry, artificial intelligence works most efficiently when it’s assisted by the knowledge of experienced revenue managers. “Controlled automation” is the answer to a successful dynamic pricing strategy that gives independent hotels an advantage in a competitive landscape filled with big brands.
Duetto + Skift | 1 year ago