Once the domain of stuffy corporate types and ultra-elite leisure passengers, airport lounges have gone mainstream. The big challenge for many operators is striking a balance between accessibility and exclusivity.
In the July-September quarter, the occupancy remained consistent as last year, and the growth in revenue was driven by higher room rates: A positive sign indicating travelers' willingness to spend more on tourism.
During Delta’s investor day on Wednesday, executives didn’t reveal too many changes, but were bullish on the airline's ability to grow due to a strong economy.
Air India Express is navigating through its role as a merged entity and as part of this transformation, it has found its niche in foregoing larger hubs and connecting smaller cities.
Outstanding payments for hotel commissions tend to peak in the fourth quarter — just as the travel business hits its most volatile period. Using analytics and strategies that allow commissions to be paid as quickly as possible can help hotels avoid year-end backlogs, simplify their financial reporting, and improve relationships with their partners.