Christmas in Paris, or on the beach in the sunny Canary Islands? For would-be European travelers and holiday-goers, the answer increasingly is: not this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Booking Holdings, the world’s largest online travel company, continues to feel the weight of the pandemic, warning investors Thursday (Nov. 5) that the outbreak’s current U.S. and European surge will make it very challenging to break even this year. But the company also said that...
The travel industry has been reporting a slow increase in demand that’s leading to a rebound in revenues, as well as the possibility of increased capacity for hotels, car rentals and airlines. Get the Full Story Complete the form to unlock this article and enjoy...
Airlines, still trying to offset their dismal revenue shortfalls due to the pandemic, are now trying a new tactic in just giving seats away, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In an industry that has arguably been battered worse than any other as a result of the global pandemic, the inclination of airline executives to find optimism amid a sea of red ink is understandable. Get the Full Story Complete the form to unlock this...
Despite the economic damage inflicted by the pandemic, hoteliers expect sub-Saharan Africa to remain a hot market for big-time lodging development, the Wall Street Journal reported Sunday (Oct. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Delta Air Lines and United Airlines both reported poor Q3 earnings this week, but they and many other travel companies think the worst of the COVID-19 woes are behind them. Here’s why. Get the Full Story Complete the form to unlock this article and enjoy...
If one were to pick an ideal year to launch a new hospitality business, 2020 would not have been it. The incredible hit to the sector from the global pandemic is both familiar and well documented. Get the Full Story Complete the form to unlock...
U.S. officials with the Department of Transportation and Homeland Security are aiming to open up travel between New York and London by the holidays as more COVID-19 tests become available, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock...