Articles tagged “money”

Travel, as a discretionary item, will never be fully immune to the impacts of a recession. But in today's environment, travel could be more recession resistant, if not fully recession proof.

Travel to the U.S. is more resilient than some other countries, but there are already warning signs that the current climate should be cause for concern.

The boom in global travel is driving a huge increase in new tourism infrastructure development, which will make access easier and more affordable to more destinations, especially in emerging markets. But we will point out that the China and Russia numbers feel especially optimistic.

The level of profitability revealed in the latest BTS report is leaves the Big 3 U.S. airlines room to improve their in-flight products and passenger services, without breaking the bank. But they have achieved this profitability in large part by becoming better businesses. If they are to stay profitable when the next inevitable industry downturn comes, they will need to keep improving their retail models.

The most visited states such as Florida, California, and New York still have the largest budgets but some of the states seeing their budgets receive the highest percent increases aren't iconic American destinations.

Can Uber patent it's most valuable asset: A stubborn refusal to listing to critics, regulators, or consumers?

We are somewhat surprised United isn't making people watch a video of CEO Jeff Smisek before every purchase.

The US is not in step with the world on payment solutions, but that's not just an airline problem. Let's hope US airlines can work this out. Even paying for premium content or buying a soda could get messy. Don't get us started on inflight shopping for those luxury goods!

MasterCard and its credit card rivals can maintain their edge over insurgent payment systems only if they keep their focus on the consumer rather than what they can get out of the consumer.

Airlines' total global ancillary revenue, $49.9 billion in 2014, has increased each year since 2010, when total global ancillary revenue was estimated at $22.6 billion, less than half of this year's projection.