Hotels Q&A: Accor’s Maud Bailly On How Sofitel Is Redefining Luxury Hospitality There’s no one-size-fits-all approach to luxury hospitality, but Accor believes it’s up to major brands in the space to push the envelope. After a major rebranding, Sofitel has taken up the mantle of redefining luxury by investing heavily in team training, taking a stand for sustainability, and more. Accor Group...
IAG, the parent company of British Airways and Iberia, announced Thursday that it was terminating its proposed takeover of Air Europa. The company had offered concessions to European Union regulators in June after they warned that the acquisition could be anticompetitive. Some of these concessions included ceding 52% of Air Europa’s flights to its rivals. Air Europa is the third-largest carrier...
Israeli-based tour guides are facing a wave of cancellations as the country unites in response to the fatal missile attacks on Saturday. As of Monday, more than 1,000 people had lost their lives. Intrepid Travel has canceled tours to Israel and the Palestinian Territories until 31 October. The Travel Corporation also confirmed all its October departures had been canceled as of Saturday, noting it...
Hotel chains are quietly developing plans to bypass traditional booking intermediaries, aiming to increase direct bookings from corporations and businesses. Why it matters: This move could disrupt how business travel is sold today, potentially squeezing out traditional travel management companies and online travel agencies. Why hotels are pushing for change: Some hotel executives believe they can...
Gibraltar, the longtime UK territory at the southern tip of Spain known famously for its tourist hot spot The Rock, could be joining by year’s end the European Union’s Schengen region, a change in border restriction that could boost future tourism prospects. A new treaty that is close to being negotiated would allow Gibraltar to join Schengen, made up of 26 European countries that have abolished...
Megatrends, our annual forecast of the top travel industry trends, is back for another highly-anticipated program in New York City, London, and online next month. Last year, we welcomed approximately 500 attendees to New York City and London, and heard from top travel executives from companies like GetYourGuide, Marriott International, Expedia Group, and more while we explored the following...
Ground Transport AI-Powered Revenue Management Transforms Ground Transportation The integration of AI-powered revenue management by ground transportation operators is transforming the industry, introducing dynamic pricing and demand forecasting. Traditionally reliant on static pricing, the bus industry is now embracing more granular control over pricing strategies, allowing operators to adjust...