Articles tagged “revenue”

Online Travel

MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class

Having narrowed its net loss in its fiscal second quarter, MakeMyTrip's bet to concentrate on India's hinterlands seems to have paid off as the online travel agency noted that a major part of its new traffic came from smaller cities.

MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class

News Blog

UAE Boosts Tourism Returns to $5 Billion in First Half of 2022

The tourism revenue of the United Arab Emirates surpassed $5 billion in the first half of this year, compared to $3 billion in the same period last year. The number of hotel guests that the country received rose to 12 million — registering a 42 percent year-on-year growth.  The country expects a stronger performance this…

News Blog

Travel Tech Firm RateGain’s Business Buoyed by Return of Tourists

As more hotels strive to optimize costs, improve return on investment and reduce cost of customer acquisition by generating direct revenue through metasearch platforms, travel technology firm RateGain continues to see considerable demand for its metasearch and digital marketing offerings, Bhanu Chopra, RateGain's founder and chairman, said. “We continue to see little or no impact…

Tourism

Lebanon Turns to Its Expats to Resurrect Tourism Economy

Lebanon does know that its diaspora is essential to help revive the country's tourism economy, but the government would need to do more than just roll out marketing campaigns to convince more tourists to visit the country.

Lebanon Turns to Its Expats to Resurrect Tourism Economy

Tourism

Destination Marketers Must Evolve in 2022 in These 5 Areas

The pandemic has been both a blessing and a curse for destination marketing with restricted budgets, a broadened scope of work, and a breather to rethink and restructure. This year will be pivotal for laying the groundwork to evolve nimbly in line with travel trends and to enhance organizational efficiencies.

Destination Marketers Must Evolve in 2022 in These 5 Areas

Tourism

Destination Marketing Outlook 2022: New Skift Research

Destination marketers have put up a positive outlook for 2022 aiming for diversified funding and revenue sources along with some crucial internal changes focusing on stakeholder engagement, targeted marketing, and sustainability initiatives. It is to be seen if the changes contribute to continual recovery and growth.

Destination Marketing Outlook 2022: New Skift Research

Airlines

Could Other Airports Follow Pittsburgh’s Lead to Diversify Revenue?

The pandemic and the push for sustainability are forcing airports to think outside of the box. The more creative, the bigger the win, it seems. But are some of these revenue-generating ideas here for the long run or only until travel recovers?

Could Other Airports Follow Pittsburgh’s Lead to Diversify Revenue?

Airlines

U.S. Airports Generate Revenue After Losing Billions During the Pandemic

The pandemic has taken a toll on airports. If airports are to thrive, they need to get creative — and fast — to increase revenue streams.

U.S. Airports Generate Revenue After Losing Billions During the Pandemic

Hotels

U.S. Hotel Rates Rise as Room Demand and Revenue Hit All-Time Highs

It's still a great time to find hotel deals, it just may be more difficult in some cities like Miami or Boston where average daily rates have increased the most.

U.S. Hotel Rates Rise as Room Demand and Revenue Hit All-Time Highs

Hotels

Hawaii Just Broke Its Monthly Record for Hotel Revenue

Other destinations look on in envy at Hawaii continues to blow its competitors out of the water in 2013.

Hawaii Just Broke Its Monthly Record for Hotel Revenue