During her Christmas holiday, a software developer created a tool to generate and map travel itineraries using generative artificial intelligence (AI).
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.
Serko is reaping the rewards from a deal signed with the online agency just weeks before the pandemic hit, and now with “unmanaged travel” returning, the outlook has improved considerably.
UNWTO may not be too far off the mark on its recovery prediction for the Middle East considering the number of hotel openings and new projects in the region. However, the road to recovery is fraught with economic and geopolitical risks.
The hotel industry revival is apparent everywhere except in sales volume for hotel assets. Expect the relative lack of dealmaking to continue for at least a few more months — perhaps longer.
It's clear that Vacasa's ranks were bloated, and that the company was not very well-run in recent years. Like several other now-struggling, newly public companies, Vacasa faces a challenging road ahead.
Global average wait times for U.S. visitor visas dropped below 150 days in January for the first time since 2021, according to the U.S. Travel Association. They still, however, remain…
Marriott executives believe that the rise of mixed business and leisure trips poses challenges for tracking guest behavior. But the trend also creates opportunities to offer new products.