The layoffs are the first in Southwest’s 53-year-old history as the carrier faces pressure to boost its bottom line following a bitter battle with activist investor Elliott Investment Management.
TravelPerk's biggest project of the year is expanding into an all-in-one corporate travel and expense management platform. It's what today's customers expect.
Hilton's loyalty program has 211 million members now. That's a lot of people who might be sad if a future AI tool books them into a Marriott instead. So executives are investing in AI to keep as much control over hotel booking patterns as possible.
On today's podcast, we discuss a potential surge in hotel investment deals, whether Greenland can cope with tourism growth, and another big investment in business travel technology.
TravelPerk's $200 million deal likely is a preview of what to expect in 2025. There were multiple large raises in 2024 — including hundreds of millions of dollars for business travel platforms — and the signs point to that continuing.
Relegated to relative laggard status on the international stage in the post-pandemic years, Cathay is now making up for lost time with a multi-pronged transformation.