Author: Sophia Rodriguez

skift take While large companies are starting to move again, small businesses, which are the growth engine for business travel, are taking a step back due to high interest rates and inflation. — Dennis Schaal Much of the discussion around business travel revolves around large companies that have strict travel management policies. We require employees to use authorized tools to book travel with hotels and airlines that offer volume discounts to businesses. In the first quarter, these companies delivered big profits to American Express Global Business Travel, the world's largest travel management company. AmexGBT recorded 30% growth, driven by strong…

The WNBA is on the verge of announcing charter travel for all 12 teams this season “as soon as the planes are ready,” commissioner Cathy Engelbert told sports editors at a league meeting Tuesday afternoon, confirming the X report. . Kristin Brennan, sports columnist for USA TODAY.This significant change in how the world's best women's basketball players travel to games will eliminate the league's long-standing policy of requiring players to fly commercially during the regular season. “We're probably going to do it as soon as we're ready,” Engelbert said of the WNBA's charter trip. “Maybe it will take us a…

Pan Am World Airlines represented a golden age of travel – a special era that, sadly, will never come. … [+] Come again.Michelle Richmond Airline anger? Are passengers duct-taped to their seats? Arrested after landing? This is the current state of much of today's air travel, making many people nostalgic for the golden age of travel when Pan Am ruled the skies. And people actually dressed up for this occasion. Michelle Richmond was a stewardess for Pan Am Airways from 1970 to 1973, and she describes her exotic adventures during those years as a stewardess. “A fleeting moment” (Palmetto Publishing,…

Mastercard – Affluent Travel Report 2024 Cover (Graphic: AETOSWire)Amna Ajmal speaking at ATM 2024 (Photo: AETOSWire)Report highlights the role of wealthy travelers in revitalizing the travel and hospitality industry More than a third (38%) of luxury seekers are willing to pay 30-50% more for sustainable travel features1 Wealthy travelers in the MENA region are power users of loyalty and membership card programs GCC tourists are some of the highest spenders, whether on holidays within the region or further afield.Dubai, United Arab Emirates, May 7, 2024–(BUSINESS WIRE)–The Middle East and North Africa (MENA) region has emerged as one of the key…

Searches for flights to Paris in the United States are up 26%, and searches for hotels in the destination are up 180% from last year. The 2024 travel forecast looks promising and sunny. Despite rising inflation, KAYAK's latest internal data shows airfares are down 13% for domestic flights and 3% for international flights compared to his 2023.To help travelers seal the deal and decide where to go, KAYAK's Travel Check-in: Summer 2024 This report provides data-driven insights into popular destinations, budget-friendly hotspots, and summer travel hacks. “This summer's trending destinations, places that are…

The Foreign Office has today issued a new travel warning for people traveling to Sweden during the Eurovision Song Contest. An alert issued this afternoon highlighted “massive” protests planned to hit Malmö.Officials said multiple events could occur simultaneously and a collision was possible. The Ministry of Foreign Affairs said: “Demonstrations in Sweden are usually peaceful. In Malmö, the number of protests has increased during Eurovision week, especially on May 9th, when large protests are expected in the city centre. is likely to increase.””Clashes may occur if multiple protests on conflicting issues take place at the same time. Protests may block…

China has decided to extend visa-free travel to a total of 12 countries until December 31, 2025, allowing unlimited entry for short-term stays. Below is a list of countries whose citizens will continue to enjoy visa-free entry privileges until the end of 2025, as revealed by Chinese authorities. Austria Belgium France Germany Hungary Ireland Italy Luxembourg Malaysia Netherlands Spain Switzerland Confirming the news, Chinese Foreign Ministry Spokesperson Lin Jian said visa-free travel to these 12 countries had been extended to promote exchanges between Chinese and foreigners. In order to promote exchanges between Chinese people and foreigners, China has established alliances…

A lot has happened in the travel industry over the past few years. We have not only survived the pandemic, but also the rapid resurgence of the pandemic. And now it's time to talk about what's next. input: travel + leisureThe first ever World Best Award Summit. This summer, T+L will host the inaugural World's Best Summit, bringing together industry experts for two days to open up about how we can all do our best to serve travelers around the world. and discuss honestly. Panel discussions will include topics such as “Culinary Hospitality,” where guests will hear from three leading…

The Longwoods American Traveler Sentiment Survey found that 92% of Americans plan to travel within the next six months. However, inflation can affect your decisions about when and where to go.If you choose wisely, you can save hundreds of dollars, depending on when you buy your ticket. However, recent research has revealed that the 2024 summer “cheap flight sales period'' could deviate from his 2023 predictable pattern, making it more attractive for budget travelers. adds some challenges.CheapAir.com's 2024 International Airfare Survey shows that the best time to buy a flight ticket depends on your destination. Budget travelers may want to…

NEW YORK, May 07, 2024–(BUSINESS WIRE)–American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), a leading B2B software and services company for travel and expense, today announced financial results for the first quarter ended March 31, 2024.First Quarter 2024 HighlightsDelivered Strong Financial ResultsTTV grew 9% year-over-year (10% workday adjusted1).Revenue grew 6% year-over-year to $610 million (7% workday adjusted1).Record first-quarter Adjusted EBITDA of $123 million, representing growth of 24%.Reiterated full-year 2024 revenue and Adjusted EBITDA guidance ranges.Continued Share GainsLTM Total New Wins Value totaled $3.3 billion, including $2.0 billion…