American Airlines Faces Loses, Enterprise Achieves Record Revenue, and Moscow Plans to Attract Indian Weddings by 2025
American Airlines to Lose $1.5 Billion
American Airlines reported a $750 million dollar loss in the first half of 2024, largely due to its focus on direct distribution, which severely limited travel agency sales. While they have since reversed this policy, experts still expect it to cost them $1.5 billion in revenue by end of year. Read more.
Enterprise Mobility Achieves Record 2024 Revenue
Enterprise Mobility 's 2024 revenue reached a new peak due to its expanding global fleet, digital rentals, and sustainable options. Read more.
Moscow Plans 25,700 New Hotel Rooms
Moscow is set to add 25,700 hotel rooms by 2030, targeting Indian weddings and boosting leisure and business travel. This initiative aims to enhance the city's hospitality infrastructure and attract more international visitors. Read more.
US, China, UK, and Germany Lead Corporate Travel Recovery
The US, China, UK, and Germany are at the forefront of global corporate travel recovery, achieving record levels of activity according to World Travel & Tourism Council . Read more.
Germany Drops Hotel Forms for Local Guests
Germany has finally removed registration form requirements for domestic hotel guests after lobbying from VDR - Verband Deutsches Reisemanagement e.V. , easing check-in and reducing administrative burdens for the hospitality sector. Read more.
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Accor Projects Modest Hotel Rate Growth
雅高 expects a single-digit increase in hotel rates in 2025, with adjustments reflecting inflation and sustained demand for accommodations. Read more.
Women in Business Travel Face Glass Ceiling
GBTA | Global Business Travel Association research shows women are well represented in the business travel industry, but a glass ceiling still hinders their career advancement and pay equity. Read more.
Aviation Sector Created 631,000 Jobs in Dubai
Aviation-related activities in Dubai have generated 631,000 jobs, highlighting the sector's significant impact on the local economy. This growth underscores Dubai's role as a global aviation hub, driving both employment and economic diversification. Read more.
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By Cai Hopkins, Business Development Executive at Tripism