Travel Agents
Booking Platform Mondee Files for Bankruptcy
The bankruptcy comes after Mondee was delisted in December.
Travel Agents
This extensive archive provides up-to-date news, trends, and insights relevant to travel agents, including travel advisors, travel agencies, at-home agents, and firms of all sizes.
Designed for professionals working in the travel industry, these news stories offer valuable information on the evolving landscape of travel services and distribution channels.
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Stay informed about the latest developments affecting travel advisors, from technology advancements to client relations and best practices and gain insights into the growing importance of personalized service and how advisors are adapting to the changing demands of their clientele in a competitive market.
Online Travel
Travelers Are Taking Longer to Plan Trips, Despite Faster Tools to Book Them
The trend toward increased research time reflects a more deliberate and empowered traveler who prioritizes control, trust, and value in their planning process.
Airlines
How the Humble Package Holiday is Fueling EasyJet’s Record Profits
EasyJet’s success in integrating its core airline business with a high-margin holiday subsidiary isn't just a financial play; it’s a redefinition of how low-cost carriers can compete effectively.
Hotels
Rallies and Room Rates: What U.S. Presidential Campaign Stops Reveal About Hotel Pricing Strategies
Increased occupancy rates for cities hosting campaign stops in advance of the 2024 U.S. Presidential election did not proportionally translate to higher hotel prices. This unexpected trend invites further examination into how hotels and agencies can analyze data to set up smart, dynamic pricing strategies for one-time events.
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Hotels
From Speed to Satisfaction: How Commission Funding Structures Impact Hotel-Agency Relationships
Managing agency commissions through a centralized funding structure can help hotels speed up payments and reduce errors, leading to fewer inquiries. This streamlined process not only improves how efficiently hotels operate but also helps build stronger relationships with agencies.
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Airlines
How Holiday Packages are Boosting EasyJet and British Airways
Once snobbishly consigned to the ‘bucket and spade brigade,’ package holidays are one of the fastest-growing products in UK travel. This lucrative opportunity to diversify revenue has not gone unnoticed by British Airways or easyJet, with both airlines rapidly expanding their highly profitable holiday divisions.
Travel Agents
Travel Agency Giant Flight Centre Notches Record Revenue
For Flight Centre, key risks to continued growth include the pace of business travel recovery and the execution of productivity initiatives. If airfares drop in price, it will be crucial to shift to a higher-margin product mix.
Hotels
Fast Funding: The Critical Role of Timely Commissions in Hotel-Agency Partnerships
Timely commissions form a critical foundation for productive partnerships between hotels and travel agencies. Deploying the fastest, most reliable funding methods reduces administrative workloads and banking fees and also improves supplier-vendor relationships.
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Hotels
Hilton Revamps Luxury Travel Advisor Program, Adds Concierge Desk and Perks
Just about every hotel brand is trying to target luxury, and Hilton’s no different. Its approach with this move is strengthening relationships with influential travel advisors.
Online Travel
AI Will Speed Travel Agent Decline, Says Booking CEO. Not So, Says ASTA Boss
True, as the head of ASTA says, some people will always prefer to use a travel advisor over an online travel website. But in the big picture, how will AI skew the trend?