TripAdvisor first announced its travel subscription plan on its third quarter earnings call with analysts, describing a coming offering that would bring to subscribers discounts on hotels and attractions worldwide as a starting point, with what CEO Steve Kaufer called “plenty more if you think...
The walk back from the COVID-19 pandemic may have quickened a bit this week, with the announcement that a third vaccine has been officially approved by the FDA this week and will begin rolling out this week. Whether the new vaccine will be a “total...
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...
