Articles tagged “amadeus”

Profit, revenue and trends became less relevant during the pandemic so many travel businesses with deeper pockets used the standstill to rethink their strategies. Plenty of the new efforts will fail, but on the other side of the crisis, some of these businesses will look significantly different.

Amadeus will soon open an educational program for travel careers at the University of Las Palmas de Gran Canaria. The plan is for employees and professors to use virtual reality tools and other technology to train students. If it works, it could address a yawning skills gap in the labor market.

Airlines need to shift from forecasting models that rely primarily on historical data to ones that analyze real-time demand. That's how Amazon and other e-commerce companies handle pricing. No wonder travel tech players PROS, Amadeus, Sabre, and Flyr spy an opportunity.

The surcharges may be disappearing, but the pressure will be on travel agencies to keep up with the airlines, and passengers may ultimately be left picking up the tab.

Much of the travel industry uses currency pricing tools that haven't advanced much in a decade. The sector will welcome any new tools that can genuinely cut complexity, time, and costs during the ongoing revenue crisis. Enter Amadeus.

Rising interest in intercity train travel has been amplified by new European incentives that favor greener forms of travel, plus deregulation. But rail operators are hampered by their old IT systems, which aren't ready to sell to international travelers in the Google era.

A few leisure markets on track to have higher hotel occupancy rates during Thanksgiving are no reason for the travel industry to celebrate.

It's hard to predict an aviation rebound, so diversifying further into cruise and rail could help the tech business gradually recover, especially if pent-up demand for European travel materializes.

Lufthansa Group may have done more than any other airline group to aggravate Amadeus, Travelport, and especially Sabre in recent years. Yet a grudging truce in the distribution battle may be possible, according to this exclusive interview with a top executive.

Airlines need to choose their battles carefully. In Southwest's case, will this combination of technology partnerships and airport testing be enough to bring business trips back at scale?