Hospitality/travel industry commercial platform Lighthouse has debuted an artificial intelligence (AI)-powered solution. Channel Manager, announced Thursday (July 18), is designed to erase what the company calls “long-standing limitations” of static pricing, promotion and distribution technologies. “Independent hotel owners, general managers and sales leaders have traditionally...
Southwest Airlines is experiencing reduced pricing power because airlines have added flights and seats. The company said in a Wednesday (June 26) filing with the Securities and Exchange Commission (SEC) that it has changed its outlook for revenue per available seat mile (RASM) in the...
This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that are on the “path of totality” are witnessing unprecedented demand for lodging from eager consumers who want to see the...
Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the digital transformation of business and consumer travel. The travel booking company launched two new features last week aimed at simplifying...
March 11, 2024
Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the digital transformation of business and consumer travel. The travel booking company launched two new features last week aimed at simplifying the search for deals. With their latest tool PriceCheck, users […]
October 12, 2023
Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed Their Summer Travel,” a collaboration...
March 23, 2020
The travel industry is being decimated by the coronavirus. The cascade effect of multi-state lockdowns has had a chilling effect on any number of verticals, from airlines, of course, to...
December 10, 2019
Travel is never boring — if it is, you are doing it wrong — and that holds especially true when it comes to how travel connects to payments and the broader...
September 03, 2024
Travel spending will generate a record 10% of gross domestic product (GDP) this year. That’s according to a report Monday (Sept. 3) by Reuters, citing data from World Travel and Tourism Council (WTTC), a non-profit membership group. The WTTC estimates show the travel industry contributing $11.1 trillion to the worldwide GDP for 2024, up 12.1% […]
July 18, 2024
Hospitality/travel industry commercial platform Lighthouse has debuted an artificial intelligence (AI)-powered solution. Channel Manager, announced Thursday (July 18), is designed to erase what the company calls “long-standing limitations” of static...
June 26, 2024
Southwest Airlines is experiencing reduced pricing power because airlines have added flights and seats. The company said in a Wednesday (June 26) filing with the Securities and Exchange Commission (SEC)...
April 07, 2024
This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that are on the “path of...
