Travel Weekly Group Ltd - 10 Minutes News for Hoteliers - Page 11

2 min

Airlines miss out on billions in annual FX…

💵 About 40% of airline tickets bought online involve cross-currency transactions. Airlines could earn $1.74 billion more annually if they implemented Multi-Currency Pricing (MCP) on their websites. If all cross-currency transactions used MCP, revenue could reach $9.6 billion. Asia Pacific and EMEA regions hold the highest potential for FX services. Early adopter SriLankan Airlines has integrated MCP since 2021, making it a top ancillary product. Transparency in FX charges is advised for airlines.

2 min

Freenow by Lyft to integrate with Concur…

💸 European taxi app, Freenow by Lyft, partners with Concur Expense to streamline business travel expense management. New integration allows automatic syncing of employee rosters to Freenow Admin Panel, linking profiles to SAP® Concur accounts. This eliminates manual setup and automates expense reports, sending receipts directly to Concur Expense. Benefits include simplified management, complete transparency, better compliance, and increased employee satisfaction. David Koral from Freenow highlights faster reporting and reduced paperwork.

2 min

Southampton Cruise Centre’s new website to…

🛳 Southampton Cruise Centre, a subsidiary of Travel Village Group, has launched a new cruise platform in partnership with Dreamlake. This next-generation website enhances the cruise booking experience with intuitive design and advanced technology. It emphasizes the SailorMade Cruise & Stay packages, combining curated itineraries and land stays for a personalized experience. The platform targets the UK market, facing increased competition and narrow margins, by focusing on user experience and conversion optimization.

2 min

DerbySoft teams up with CTM to benefit…

💻 DerbySoft partners with Corporate Travel Management (CTM) to enhance real-time hotel connectivity through CTM's Sleep Space platform. This integration with DerbySoft's Business Travel Solutions ensures live access to hotel rates and availability, improving data quality and booking efficiency. As business travel rebounds, projected to reach $1.5 trillion by 2027, this partnership modernizes industry systems. By 2026, CTM and DerbySoft aim to expand this collaboration to more partners, meeting evolving traveler expectations.

2 min

Qatar Airways ‘supercharges’ operations

✈️ Qatar Airways deployed SITA's SD-WAN technology across 350+ international sites and data centers, enhancing network efficiency, speed, and security. The project addresses latency and bandwidth issues, ensuring critical systems function seamlessly. The upgrade supports over 172 destinations and 250 aircraft, improving passenger experiences with faster digital access and reduced wait times. Enhanced cybersecurity features include secure channels and a "zero-trust" policy. This initiative future-proofs operations and sets a new industry standard.

2 min

Global airfares to remain steady through 2026

✈ Airfare prices are projected to stay stable through 2026, according to the Air Monitor 2026 by Amex GBT. Despite geopolitical and economic challenges, demand for business travel remains strong, stabilizing fares in the high-cost environment. Airlines are focusing on premium offerings and sophisticated revenue management strategies like continuous pricing. These actions maintain base fares while diversifying service options. Businesses must adapt to these changes to unlock value.

1 min

Changing of the guard at Audley Travel

📄 Audley Travel announces a leadership change for 2026. Camille Beaufils will become the new Chief Customer Officer on January 19, 2026, replacing outgoing Chief Marketing Officer Daniel Robb, who will leave on January 30 after six years. Beaufils is joining from Fever-Tree, where she was global marketing director, bringing over 20 years of experience in brand strategy. CEO Nick Longman emphasizes Beaufils's role in enhancing Audley Travel's global marketing and growth.

1 min

SAP Concur showcases new AI features at…

✈️ European air travel volume increased by 4.4%, while airfares rose by 4.6% last year, according to SAP Concur data. At the GBTA + VDR Europe Conference in Hamburg, SAP Concur introduced AI-powered features to improve business travel efficiency and compliance. Yet, 69% of travel managers and 81% of CFOs find insufficient budgets hinder necessary travel. SAP's Joule AI, integrated into Concur Travel & Expense, offers assistance by automating tasks and enhancing spend management.

1 min

Dnata goes into consultation with Travel…

🛫 Dnata Travel Group has initiated a consultation to potentially close UK B2C brands, Travel Republic and Netflights, following an internal review. Other UK brands like Gold Medal and Travelbag are not impacted. The consultation's outcome remains uncertain, similar to the World Travel and Tourism Council situation. The decision awaits the completion of the consultation process. Travolution has reached out to Dnata for further comments.

3 min

Big Interview: Plans underway for…

🌐 Revolut, Mews, RateGain, and Juniper Group have been active in the travel industry's M&A market, announcing acquisitions within a month. Japan-based JTB Corporation acquired Northstar Travel Group, while Travolution was acquired by eventiz, a Travelsoft subsidiary. Travolution will operate independently, led by existing editor Kate Harden-England. Plans include integrating Tom.travel into Travolution, ensuring editorial impartiality. Travolution's exclusive event on December 2 will precede its major awards night.

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