Business Travel News

Considering the widespread travels bans in place, Global Business Travel Association members are either overly confident about when normality will resume, or underestimate the seriousness of the situation.

Airlines, cruise ships, and hotels rely on travel advisors to book a lot of their business. A lobbying effort is afoot to make sure that thousands of these small businesses don't get left out of recovery measures.

The meetings, incentives, conferences, and exhibitions (MICE) industry in Thailand is stronger now than ever before and is expected to continue growing. Today, Bangkok is one of Asia’s most exciting cities and a major business hub for the region, especially after hosting the ASEAN summit in 2019.

Spring break travel is in wait-and-see mode as travel advisors field calls from clients rattled by the coronavirus pandemic. Some travelers are swapping their trips for “safer” spots like Hawaii, Florida, and the Caribbean.

Climate change is more than an existential threat to the outdoor ski economy. It will take a combination of greener operations and smarter business practices to ensure its viability for decades to come.

Airline and online travel agencies have been under fire from legislators in recent years for their travel insurance marketing tactics. In these trying times, these companies now more than ever must provide greater transparency into what their policies do — and don't — provide before consumers click the button to purchase.

One of Warren Buffett's best known bits of investment advice is: "Be fearful when others are greedy and greedy when others are fearful.” The fundamentals for TUI still look good, so Hamed El Chiaty might have just struck a bargain deal for himself.

By itself, the coronavirus scare needn't be like kryptonite to Samsonite, which has high gross margins. But the long-term double whammy of supply shocks (due to factory closings) and demand shocks (due to travelers pulling back on spending) may reduce the company's ability to pay interest on its heavy debts.

Cruise lines were set to have a banner year in 2020, but coronavirus and resultant ship quarantines are putting that in doubt. No one knows what the long-term impact will be.