The International Air Transport Association (IATA) estimates that airlines worldwide will achieve a record revenue of $996 billion in 2024. This projection highlights the potential growth and profitability of the airline industry in the upcoming years. However, despite the positive outlook, there are challenges that airlines must navigate to maintain their success. Thin Margins and
Chen Rei-jia, a bed and breakfast owner in Taiwan’s Hualien County, recently experienced the terrifying aftermath of a 7.4 magnitude earthquake that struck Taiwan on April 3. The largest earthquake to hit the island in 25 years left Chen feeling frightened and overwhelmed. She emerged from her house to find massive landslides, rocks falling everywhere,
The Mirage Hotel & Casino, which was opened by Steve Wynn in 1989, revolutionized the landscape of the Las Vegas Strip in numerous ways. The resort’s design, focus on free attractions, attention to detail, and shift towards amenity-oriented properties set a new standard that changed the game in the hospitality industry of Las Vegas. According
In a significant move, Carnival Corp. has decided to retire the P&O Cruises Australia brand in March. This decision will result in the absorption of assets by Carnival Cruise Line. The two ships, Pacific Encounter and Pacific Adventure, will undergo rebranding and join the Carnival Cruise Line fleet. The Pacific Explorer, on the other hand,
The landscape of the hospitality industry is experiencing a shift in travel trends, with the leisure travel boom showing signs of cooling off. However, this decline is being compensated by a surge in demand from business travelers and groups, as highlighted by hotel CEOs at the NYU International Hospitality Industry Investment Conference. According to Mark
Viking, one of the largest and fastest-growing ocean and river cruise lines, recently went public in May. The company’s first earnings call revealed some impressive statistics, showcasing that a vast majority of its ocean and river product is already sold out for 2024. Additionally, a significant portion of its 2025 capacity is already booked, demonstrating
Taking vacation time is crucial for maintaining a healthy work-life balance, yet many Americans struggle to make the most of their time off. Research shows that while a majority of workers value paid time off, a significant percentage do not use all the vacation days available to them. This can have negative consequences on both
London’s culinary scene is always evolving, with new and exciting dining experiences constantly popping up. One such example is ‘Paradise 2.0’, an innovative Sri Lankan restaurant that has recently relaunched with a fresh six-course tasting menu. The creative minds behind this establishment, Dom Fernando and head chef Alfie Bahnan, have taken traditional dishes and given
The International Air Transport Association (IATA) has recently raised its profit forecast for the airline industry in 2024. It predicts a record high revenue of $996 billion, marking a significant 9.7% increase from the previous year. This positive outlook was announced during the IATA Annual General Meeting held in Dubai. While the industry is poised
Nestled in the heart of France, Chateau de Villette is more than just a French manor house – it is a true testament to the grandeur and opulence of the past. Built in the late 17th century with the expertise of Jules Hardouin-Mansart and Andre Le Notre, the chateau stands as a masterpiece of architecture
In a world where traditional education systems dictate the boundaries of learning, some families are choosing to break free from the constraints by embracing a concept known as ‘worldschooling.’ Specifically, ‘worldschooling’ involves turning the whole world into a classroom for children. It allows parents to take their kids out of conventional schools and embark on
The latest estimate from the International Air Transport Association (IATA) indicates that sustainable aviation fuel (SAF) production is set to triple this year, reaching close to 500 million gallons. While this is a significant increase, it still represents only 0.5% of the aviation industry’s total fuel needs. In order for the airline industry to achieve
United Airlines CEO Scott Kirby expressed skepticism regarding Frontier Airlines’ new merchandising model. According to Kirby, Frontier’s decision to pivot away from leisure routes and take on major U.S. airlines on select non-leisure routes is a risky move that is bound to fail. Kirby criticized Frontier for attempting to upend its established business model, which
As the record-breaking year for Alaskan cruising fades into the background, the industry is gearing up for a summer with relatively stable numbers. Industry experts believe that this leveling off could actually benefit both visitors and locals alike. Renee Limoge Reeve, Vice President of Government and Community Relations for CLIA Alaska, stated that the consistent
SBE’s latest venture will see the establishment of its first HQ brand hotels in Detroit and Montreux, Switzerland. These projects involve the conversion and renovation of existing properties, specifically the Royal Plaza and Villa Toscane in Montreux, set to be rebranded as the HQ Montreux Hotel & Spa by 2025. On the other hand, the
Universal Orlando Resort is gearing up for the opening of their newest theme park, Epic Universe, in 2025. However, in the meantime, there are plenty of other exciting new products and enhancements to look forward to, starting as early as this summer. Heather Layson Brown, Universal Orlando’s senior vice president of destination marketing and sales,
The O2 Beach Club and Spa in Barbados is not your average all-inclusive resort. It takes the concept of all-inclusive to a whole new level by offering unparalleled luxury and sophistication. This 5-star hotel on Barbados’ South Coast boasts 116 all-suite accommodations that are designed to impress even the most discerning traveler. From chic and
The Boisset Collection stands out in the world of wine for its impressive array of winery estates, tasting rooms, and properties. Unlike the traditional, straight-laced atmosphere often associated with wine, these locations are sumptuously decorated and exude style and art. This innovative approach is attributed to Jean-Charles Boisset, the charismatic and visionary leader of the