Articles tagged “travel agents”

Australians Are Cruising Like Locals — Close to Home

Australians have taken to cruising like ducks to water. With around 85 percent of bookings going through travel agents, this sector is providing a shot in the arm for travel retailers hit by falling margins in their bread-and-butter flights and hotels business.

Marriott Commission Cut on Group Bookings Could Ripple Across Hotel Industry

Marriott will use its formidable presence in the North American hotel market to squeeze travel agents and meeting planners. The big question is whether competitors will follow suit. Could Marriott be setting the stage for a full-blown commission cut on all hotel bookings that would completely disrupt the travel sellers?

U.S. Tour Operators Optimistic About Cuba Travel Because They’re Even More Essential

U.S. tour operators and travel agents are betting that it will be business as usual, or perhaps even better, as the new Cuba restrictions take effect and individual people-to-people visas get sidelined. But many also find it ironic that the White House announced these changes while Trump was courting leaders of Asian countries that have poor human rights records.

Ctrip Makes Offline Store Push in China as Its Profit Margins Rise

Ctrip is betting on 6,000 franchise shops to take aim at cities where most travel shopping happens offline. At the same time, it hopes to increase its operating margins to Priceline-like levels. The two initiatives don't necessarily collide since Ctrip doesn't own the real estate or pay labor costs for the offline shops.