Len Covello commented that the traditional concept of loyalty, where individuals accumulate a specific currency like air miles over time and then redeem them, has shifted in recent years. Loyalty …
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Allied Market research: Travel Technology Market to Reach $21 Billion, Globally, by 2032 at 8.6% CAGR: Allied Market Research
by GLOby GLOIncrease in use of voice search and voice control and rise in contactless payment options, drives the growth of the global travel technology market.
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Ernst & Young survey: 50%+ of global consumers plan to reduce holiday spending to save money
by GLOby GLOAn Ernst & Young report has identified changes in consumer spending behavior due to increased inflation, elevated interest rates, and a rise in credit card delinquencies, which are diminishing consumers’ …
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The newly established Saudi Arabian flag-carrier, Riyadh Air, intends to create a “virtual network” in collaboration with partner airlines during its initial phases of development. The airline, set to commence …
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Amadeus results: Asia travel spearheads rise in Q3 bookings & growth trajectory continues
by GLOby GLO– Air Distribution bookings increased 15.7%, to 348.0 million. – Air IT Solutions passengers boarded increased 29.7%, to 1,452.8 million. – Air Distribution revenue grew 25.9%, to €2,027.6 million. – Air …
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Tripadvisor is incorporating generative AI tools into its Trips travel-planning tool for personalized itineraries
by GLOby GLOAccording to Tripadvisor’s CEO, Matt Goldberg, the incorporation of generative AI into its Trips travel-planning tool is yielding favorable outcomes.
