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Articles tagged “news blog”

News Blog

IHG’s First-Quarter Average Daily Rates Now Back to 2019 Levels

IHG Hotels & Resorts’ 2022 first-quarter RevPAR increased 61 percent compared to the 2021 first quarter, and had now reached 82 percent of 2019's level. Its average daily rate was also up 27 percent versus 2021, and in line with 2019 levels, the company revealed on Friday in a trading update. Americas and the Europe,…

Matthew Parsons | 2 years ago

News Blog

Boeing Reported to Plan Headquarters Move to Washington, D.C., Area

Boeing appears ready to move its headquarters to the Washington, D.C., area, according to a report by The Wall Street Journal Thursday. Citing people familiar with the matter, the planemaker would move its headquarters to Arlington, Va., from Chicago in the near future, the Journal reported. The change would locate Boeing leadership just miles from…

Edward Russell | 2 years ago

News Blog

Nat Geo Hires Nathan Lump As New Editor

National Geographic, the 134 year-old media brand now majority owned by Disney, has appointed former Editor of Travel+Leisure Nathan Lump as its new Editor-In-Chief. Lump was most recently serving as global head of Editorial and Entertainment at Expedia Group.  In his new role, Lump will manage the content strategy of the National Geographic editorial team…

Rafat Ali | 2 years ago

News Blog

Phew! Travel Booking Windows Are Increasing Again

Fascinating data point from Expedia Group Media Solutions in its latest Q1 Travel Trend Report: the booking windows which had shrunk dramatically over the last two years of the pandemic uncertainty and low traveler confidence, is now coming back up, based on data from all across the Expedia network and surveys. This is a welcome…

Rafat Ali | 2 years ago

News Blog

In a Bet on All-Inclusives, Accor Will Quadruple Rixos Hotels to 100 by 2027

Pool Suite Types, Rixos Premium Belek - Antalya, Turkey. Source: Accor. Accor said on Wednesday that it was speeding up the development of all-inclusive hotels with the launch of its "all-inclusive collection." Accor entered the all-inclusive segment in 2016 by cutting a deal with Fettah Tamince, founder of Rixos Hotels. Since then, Accor has tripled…

Sean O'Neill | 2 years ago

News Blog

Business Travel Car Rental Demand Now Above 2019 Levels For Avis-Budget

That's according to Avis-Budget's Q1 earnings release this week. In the earnings call, Avis Budget CEO Joe Ferraro said that "in the latter part of the first quarter, we've seen the commercial demand improve as well, to points above 2019 level during the same period that quarter." That gives another indication of the strong return…

Rafat Ali | 2 years ago

News Blog

Southwest to Start Testing Free Wifi on Flights

Free wifi on flights is a perennial issue that comes up in news every year or two. Delta has tested it on and off since 2019 and JetBlue has been providing free-if-slow wifi on its planes for a few years now. Now CNBC is reporting that Southwest will temporarily offer travelers free Wi-Fi on 40…

Rafat Ali | 2 years ago

News Blog

Airbnb’s Flexible Searches Working To Add Demand, Moving Beyond Intent To Inspiration

Airbnb's flexible search -- its "I'm Flexible" feature for those not decided on dates, duration or destinations -- is a big hit, according to the company and in its Q1 2022 earnings it provided some additional evidence and numbers. It said that the feature was used 2 billion times in the quarter, up from 800…

Rafat Ali | 2 years ago

News Blog

Norman Mineta, Transportation Secretary on 9/11, Dies at 90

Norman Y. Mineta, the Transportation Secretary who closed the U.S. airspace and ordered the grounding of 4,000 planes in the wake of the Sept. 11, 2001 terrorist attacks, has died. He was 90 years old. Mineta died at his home in Edgewater, Md., of a heart ailment, John Flaherty, his former chief of staff, said.…

Madhu Unnikrishnan | 2 years ago

News Blog

Influential Hotel Trade Org AAHOA Has a New CEO

AAHOA, the Asian American Hotel Owners Association, the largest hotel owners association in U.S., has a new CEO: Laura Lee Blake. She has been named the new president and CEO, effective May 16, 2022. Blake will succeed Ken Greene, who served in the role for a short time in 2021 and part of 2022.  Blake…

Rafat Ali | 2 years ago