Despegar has been acquired
Prosus, a technology investment firm based in the Netherlands, is acquiring Latin America-based online travel agency Despegar for $1.7 billion in an all-cash deal Jan 7, 2025 Prosus said the…
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Travel trends 2025: Budget, luxury, digital, personalized
A new report highlights low-cost innovation, premiumization, online travel and apps, and personalization as the key themes that will shape the travel and tourism sector in 2025 Jan 7, 2025…
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Beyond overtourism: Moving from traveler shaming to systemic solutions
Climate-conscious travel doesn’t mean giving up travel; it means reimagining and transforming it Jan 7, 2025 For too long, the tourism industry has focused on individual responsibility to address climate…
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How the rich are redefining luxury travel
A majority of travelers across generations say that the top reason they plan to travel in 2024 will be to rest and recharge Jan 7, 2025 From Instagrammable hotels to…
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Why is the Hotel Industry Fragmented? The Path to Solutions
The hotel industry, with its blend of major chains and boutique properties, reflects the eclectic tastes of global travelers. But this diversity introduces complexities, particularly in online reservations and technological…
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Inflation impact still curbing US travel demand
Booking.com says the impact of inflation is still dampening travel demand in the US, with price-conscious consumers waiting longer to plan vacations Dec 18, 2024 American consumers continue to put…
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McKinsey on how to build a customer-back business model in 2025
Driving impactful digital transformation requires more than technology; it requires organizations to rethink their mindset, capabilities, and operating model Dec 18, 2024 A customer-centric business model redefines the end-to-end business…
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U.S. travel demand reaches four-year high
Americans are looking forward to vacationing in the coming year and intend to spend significantly more on their travel plans Dec 18, 2024 The latest ‘MMGY Portrait of American Travelers’…
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How guest feedback can shape hotel pricing strategies
How do you turn guest feedback into actionable strategies that inform your pricing and maximize revenue? Dec 18, 2024 Guest reviews are more than just feedback-they are a goldmine of…
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