The second installment of “The Data Snap” article series examines an unusual market trend: Hotel rates are on the rise while agency commissions are stabilizing. This shift is driving travel companies to reevaluate which measurements they’re using to forecast revenues.
Southwest's cut in revenue guidance for the current quarter comes just three weeks after a vocal activist investor called for big changes at the airline.
Vitruvian Partners' additional $50 million investment in Civitatis underscores the company's appeal as a niche marketplace. The company plans to use the funds to solidify its leadership in Latin America.
Paytm's move to expand its travel offerings comes after it recorded a successful quarter for flight bookings. Initially started as a financial services company, Paytm has been enhancing its offerings to increase its revenue streams.
During Cvent Connect, the annual customer gathering and user conference, San Antonio took the spotlight. Welcome signs and billboards were nice touches and made attendees feel welcome throughout the city.