Despite profit projections of $35.6 billion in 2016, airlines must shift focus to the revenue and profit potential emerging from mobile commerce, according to the latest monthly industry brief from CellPoint Mobile, 'Mobile Commerce and Payment Innovation Across the Airline Sector'.
Choice Hotels International, Inc. has reported its results for the three months and year ended 2016, and recorded a record increase in share price late in the year.
A new partnership between the City of San José, Mineta San José International Airport and New American Workforce will make citizenship services available onsite for city and airport employees. Mayor Sam Liccardo announced the initiative during a press conference.
IDeaS Revenue Solutions and nSight Travel Intelligence have teamed up to offer hoteliers a new experience in revenue management that allows managers to “futurecast” inventory demand based on a rich set of data points never before available on a single technology platform.
Airlines, hotels and travel agencies are all reporting drops in international bookings to the US, following the executive order banning visitors from seven countries to enter the country. This is the unintended consequence of the ban announcement, with business and leisure customers from around the world holding back on their travel plans.
As part of its strategic marketing alliance, global hospitality company Dusit International, together with Japan’s largest hotel chain, Prince Hotels, has launched a Staff Exchange Programme, starting this month.
The Mekong Innovative Startup Tourism (MIST) Initiative has announced two new accelerators designed to make it easier and faster for innovative tourism businesses to establish themselves in Cambodia, Laos, Myanmar, and Vietnam. The MIST Startup Accelerator will take entries from early stage companies with either travel technology or traditional tourism business plans.
Those looking out for a high-end apartment or villa to rent in Abu Dhabi should be able to get their way, with rates declining by 7 and 10 per cent respectively on these property types during 2016. From a landlord’s perspective, the current situation demands they may have to end up making sacrifices on their demands if they need to fill up their properties quickly.
BookLogic has partnered with Idealo to expand exposure and sales reach for its hotel clients through hotel.idealo.de in Germany. The hotel revenue management technology company has developed a direct connection to the meta search engine for online price comparison, to help its hotel clients reach a wider market. Idealo will sell BookLogic's customers' available rooms while still processing the booking through the BookLogic booking engine.
India and the United Kingdom have signed a memorandum of understanding (MoU) to ease restrictions on the number of scheduled flights between the two countries following talks last week. Limits on flights from Indian cities, including Chennai and Kolkata, have been scrapped, allowing for a greater range of flights for passengers while providing a boost to trade and tourism for the UK and India.