travel

FLYR Raises $295 Million to Expand AI-Based Travel Industry Platform
FLYR Raises $295 Million to Expand AI-Based Travel Industry Platform
August 09, 2024  |  Investments

FLYR raised $295 million to accelerate the development and delivery of its reservation systems and artificial intelligence-based decision automation solutions to travel industry companies around...

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From Travel to Coffee to eCommerce, Consumers are Pulling Back
From Travel to Coffee to eCommerce, Consumers are Pulling Back
August 09, 2024  |  Retail

Consumers are thinking twice before pulling the trigger to buy even everyday items — a hesitation to spend that’s evidencing itself in slowdowns and headwinds for...

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Expedia Focuses on Loyalty Programs as It Expects Soft Travel Demand in Q3
Expedia Focuses on Loyalty Programs as It Expects Soft Travel Demand in Q3
August 08, 2024  |  Earnings

For Expedia Group CEO Ariane Gorin, there was a clear highlight for the company during the second quarter: Brand Expedia saw room night growth rise...

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Consumers Cut Back on Travel, Experiences Amid Uncertain Economic Outlook
Consumers Cut Back on Travel, Experiences Amid Uncertain Economic Outlook
August 08, 2024  |  Consumer Insights

Consumers are reportedly delaying or cutting back on travel and experiences amid an uncertain economic outlook. Online booking platforms, airlines, hotels and other companies in...

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Booking Holdings Sees 7% Growth in Room Nights Booked Amid Tech Upgrades
Booking Holdings Sees 7% Growth in Room Nights Booked Amid Tech Upgrades
August 01, 2024  |  Earnings

Online travel company Booking Holdings is seeing positive outcomes from its latest tech-driven initiatives, according to its second-quarter earnings report. Booking Holdings Thursday (Aug. 1) reported...

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Airbnb Wants to Woo Hotel Customers With Luxury Offerings
Airbnb Wants to Woo Hotel Customers With Luxury Offerings
July 31, 2024  |  Travel Payments

Airbnb is reportedly planning luxury offerings like personal chefs to entice travelers away from hotels. The company wants to move beyond accommodations and experiences to “services...

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Delta Plans Legal Action Amid $500 Million Hit From CrowdStrike Outage
Delta Plans Legal Action Amid $500 Million Hit From CrowdStrike Outage
July 31, 2024  |  Connected Economy

Delta Air Lines says a recent, and massive, IT outage will cost it $500 million. That’s according to a report Wednesday (July 31) from Bloomberg News, citing a...

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JetBlue Focuses on Leisure Routes on Road to Restore Profits
JetBlue Focuses on Leisure Routes on Road to Restore Profits
July 30, 2024  |  Earnings

JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million...

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Families May Travel More Often, but Spend Less Than Couples Without Kids
Families May Travel More Often, but Spend Less Than Couples Without Kids
July 29, 2024  |  Consumer Insights

Married couples without children are leading the way in travel spending, data show, and as others pull back their purchasing in the category, these dual-income-no-kids...

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