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The all-inclusive resort industry is grappling with a significant challenge that affects how travel advisors operate and strategize for their clients. Loyalty programs are increasingly offering rates that are often lower than the negotiated group rates available through travel advisors. This shift is forcing travel professionals to rethink their traditional role in booking group trips,
In a pivotal moment for aviation, Boom Supersonic has successfully completed multiple test flights of its XB-1 prototype, surpassing the sound barrier over the Mojave Desert. This marks a striking achievement for the start-up, as it becomes the first American company to conduct a supersonic test flight of a domestically designed civil aircraft. CEO Blake
JetBlue Airways finds itself grappling with significant challenges after revealing its outlook for 2025, which has shaken investor confidence. On Tuesday, the airline’s stock saw a staggering decline of over 28% during midafternoon trading. Such a sharp drop reflects the growing concerns among investors regarding the airline’s future profitability and operational efficiency. This downturn comes
In an impressive turn of events, the Royal Caribbean Group announced its most successful booking week in the history of its Wave season, a time traditionally marked by increased travel planning. CEO Jason Liberty shared this exciting news during the company’s earnings report for the fourth quarter of 2024, highlighting that this upswing in bookings
TravelPerk, a prominent player in the corporate travel industry, has recently accomplished a significant funding achievement by raising $200 million from notable investors including Atomico and EQT. This latest funding round has catapulted the company’s valuation to an impressive $2.7 billion, marking a dramatic leap from its previous valuation of $1.4 billion just nine months
As we stride into 2025, New Zealand’s luxury travel sector is set to undergo a significant transformation, melding sustainable luxury with exclusive offerings that cater to the most discerning of travelers. This evolution is not merely about enhancing existing luxury accommodations and experiences; it’s about reimagining them. A hallmark of this transformation will be the
In an era where experiences often surpass material possessions, HQ Hotels & Residences is strategically positioning itself as a frontrunner in the hospitality sector. The brand is set to launch its first South American property in São Paulo, leveraging a unique combination of style, affordability, and cultural relevance. Boasting a well-thought-out design for modern-day travelers—including
When venturing into the breathtaking snow-covered landscapes of Kühtai, one can only expect the best, not just from nature, but also from its culinary offerings. After an invigorating snowshoe hike amidst the sparkling white expanse, our appetites were whetted for a meal that promised to be as unforgettable as the scenery. Enter Restaurant Jagdschloss, a
In recent times, TikTok has emerged as a powerful force in the travel industry, providing travel advisors with an innovative platform to connect with potential clients. This rise, however, has not been without its challenges. As TikTok grappled with regulatory issues in January 2023, many advisors found themselves reflecting on the risks of depending too
New York City is often celebrated for its culinary diversity and innovative dining experiences. On 20th Street, a neighborhood already bustling with restaurant excellence, a new contender has emerged—Opto. This eatery, nestled at 35 West 20th Street, reflects a thoughtful collaboration between executive chef Alex Tubero and co-owner Nicola Kotsoni. With a distinguished background in
In a landscape where social media dictates a significant portion of marketing strategies, the travel industry is facing a crucial moment of reckoning. Recent turbulence concerning TikTok—a platform that has become a cornerstone for travel advisors looking to connect with potential clients—has emphasized the risks of over-reliance on a single digital channel. The convergence of
On January 24, 2023, a significant political earthquake shook the Washington, D.C. landscape when President Donald Trump dismissed a total of 18 inspectors general (IGs), a move that stirred controversy and concern across both party lines. Notable among those removed were Eric Soskin, the Transportation Department’s IG since December 2020, and Cardell Richardson, who had