Airbnb is now offering flexible travel options based on location instead of specific travel dates, a solution the company said should appeal to people who will continue working from home in the near future. The coronavirus pandemic made it necessary to work and learn remotely,...
Vacation rental management platform Vacasa is partnering with buy now, pay later (BNPL) FinTech Affirm to bring flexible payments to the travel industry, the companies announced on Tuesday (Feb. 23). Mike Dodson, chief revenue officer for Vacasa, said the company is looking forward to being...
Problems with vaccine rollouts and the continuing spread of the coronavirus have dampened the travel industry’s expectations for a recovery from the economic issues it’s been facing, The Wall Street Journal (WSJ) writes. Destinations like Iceland and Thailand are facing both the delays of the...
Airline perks could include more millennial-friendly offerings in the near future, like e-book and virtual exercise subscriptions, along with more adaptable ways to redeem air miles and book flights, The Wall Street Journal reports. According to the report, the shake-up comes from airlines catering to...
New coronavirus variants could jeopardize the recovery of the air travel industry, a report from Bloomberg says. The International Air Transport Association (IATA), the airline industry’s trade body, says passenger traffic could only end up improving by around 13 percent in a worst-case scenario. The...
In the world of business, where the quest for profits, sales growth and the next big thing is never ending, here’s something you don’t hear every day. “I will die of old age before we’ve even cracked a fraction of this demand.” That’s the market...
British travelers age 55 and older buoyed by confidence in newly approved COVID-19 vaccinations are driving a powerful surge in trip bookings, the Financial Times reports. The paper cited positive data from a large swath of UK tour operators. Among the figures noted by the...
When it comes to predicting the return of business travel, the conventional wisdom is simply all over the map right now, ranging from this summer to 2023 to maybe never. However, one theme that almost all interested parties seem to agree on is that whenever...
Surviving the worst year in aviation history is, itself, an accomplishment. According to Delta Airlines CEO Ed Bastian, while pre-COVID volumes and travel practices may never fully return, the road to recovery has begun. The final destination, however, will be different, especially for the big-ticket...