Worst season ever
July and August are usually high season in Santorini, but this year the town centers are quiet after 9 p.m. and restaurants and hotels are nowhere near capacity Aug 5,…
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Automatic
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How many more hotel rooms can the Gulf take?
How much is enough? When will it stop? Even the cleverest forecasters have got it wrong Aug 2, 2024 So far in 2024, performance by hotels in both Dubai and…
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Americans’ travel bug for Europe is too much of a good thing
The tourism-related trade gap shows the present strength of the U.S. economy, but is also a long-term vulnerability Aug 2, 2024 More Americans, particularly wealthier ones, are heading to Europe…
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Booking.com touts social media success
The company reported spending more on social media marketing with attractive ROI, while phasing out channels that weren’t performing well Aug 2, 2024 During its Q2 earnings call, the OTA…
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Sabre raises 2024 outlook
The company is raising its 2024 revenue and adjusted EBITDA guidance following second quarter results that exceeded previous guidance Aug 2, 2024 The Texas-based global travel technology company reported operating…
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Booking.com sees room night growth slowing
Quarterly room night growth of 7% was slower than first quarter growth of 9% – and the pace in the third quarter would be 3-5% Aug 2, 2024 Booking Holdings…
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UK: Consumer spending could rebound in the second half of 2024
Positive economic indicators and the highest consumer sentiment in three years may boost retailers in late 2024, per PwC’s latest survey Aug 2, 2024 While there’s an intention for more…
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Amadeus sees healthy 2024 travel demand despite slower bookings
Demand for luxury destinations remains above 2019 levels, albeit at a slower pace, and demand for long-haul travel remains resilient Aug 1, 2024 Spanish travel booking group Amadeus said on…
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Booking.com considers appeal against mega fine
The OTA strongly disagrees with the outcome of the CNMC investigation and plans to appeal the “unprecedented decision” Aug 1, 2024 A spokesperson for Booking said this in a statement.…
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Delta Expects $500 million hit from CrowdStrike outage
The airline is now preparing for litigation and potential claims against CrowdStrike as it attempts to recover from the outage Aug 1, 2024 The outage affected Delta more than most…
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