Articles tagged “transportation”

Bars, nightclubs, theme parks and museums will be the winners this summer. The "experience economy" is back.

With several weeks of summer still left, having a family vacation is still a possibility. But parents traveling with kids are getting smarter about how they're spending their money. If the industry wants to attract this billion dollar sector, appealing to their kids is the smart way to go.

This summer travel season could be enormously successful for railway companies if schemes they've created for the post-pandemic-era can capture travelers' interest. A big "if."

As many private equity and other investors will tell you, massive opportunities remain in the travel industry over the long term. The travel market will undeniably look very different in 2025 than it does today. But if you believe Trip.com's projections, boom times are ahead for many companies.

The democratization of travel in the U.S. has led to a smaller share of spending on cars and transportation over the last 30 years. It's disheartening, though, that transportation costs still account for the second largest spending bucket for U.S. residents.

We'll be interested to see how riders, drivers, and competitors react to this move by Lyft.