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Articles tagged “money”

Airlines

British Airways Boss Earns Over $8 Million After Strong 2013

Despite the labor challenges in Spain, 2013 was the first breath of fresh air Walsh has had at IAG in a very long time.

British Airways Boss Earns Over $8 Million After Strong 2013

Tourism

Month-by-Month Spending by Foreign Tourists to the U.S. in 2013

Spend data on a granular month-by-month basis is valuable to local tourism marketers, but the overall trend -- significant increases in annual spend -- is an even more important signal that more money is on the way, no matter which month it's spent in.

Month-by-Month Spending by Foreign Tourists to the U.S. in 2013

Airlines

Delta Will Honor Its Mistake Fares Because it Has To

New DOT rules make not honoring these fares much more onerous than just letting the lucky passengers fly. And the PR can't hurt either.

Delta Will Honor Its Mistake Fares Because it Has To

Tourism

Venezuela Has a New Exchange Rate Aimed at Clarifying Currency for Visitors

Observers hoped that Chavez' death would get Venezuela back on track, but instead it's become a parody of itself. It's like a Cuba that doesn't understand it has problems.

Venezuela Has a New Exchange Rate Aimed at Clarifying Currency for Visitors

Tourism

Argentina Makes it More Difficult for its Citizens to Shop on Vacation

President Kirchner's new financial policies should look to her previous ones -- and do just the opposite.

Online Travel

Alibaba to Let Chinese Users Buy Airline Tickets Online Without Credit Cards

This is big news for airlines, and big news for online travel in China. Expect a surge in mobile and desktop booking, as well as other players to come up with equally flexible payment methods.

Alibaba to Let Chinese Users Buy Airline Tickets Online Without Credit Cards

Tourism

Cuba Takes Steps to Eliminate its Tourist-Only Currency

The two systems are a source of corruption and a sharp class distinction between the haves and have nots -- both things that the dual currency was meant to prevent. Moving to a simpler system will only hurt the few who are profiting.

Cuba Takes Steps to Eliminate its Tourist-Only Currency

Tourism

Brazil Forms Group to Protect Tourists from Hotel Price Gouging

Lodging during massive events is never a bargain, and committees like this rarely work. Local residents who want to become mini-entrepreneurs can soften the blow via house and apartment rentals.

Brazil Forms Group to Protect Tourists from Hotel Price Gouging

Tourism

Venezuela Is Hunting Down Its ‘Currency Tourists’

Venezuela's leaders like to blame their current situation on everyone but themselves. There's an irony that the government's moves have created hundreds of currency traders.

Venezuela Is Hunting Down Its ‘Currency Tourists’

Hotels

Younger Business Travelers More Likely to Spend Company Money on Perks

Younger travelers aren't being as treated as well as their older peers -- no pension, less job security, leaner staffs -- so a perk here an there on the company dime is to be expected.