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The president and CEO of Hyatt Hotels Corp., Mark Hoplamazian, expressed his optimism regarding the business travel sector during the company’s recent earnings call. Hoplamazian highlighted the impressive 6% year-over-year increase in systemwide first-quarter revenue from business-travel stays, with some segments experiencing even higher growth rates. He emphasized the strength of global business travel revenue,
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The resurgence of international visitors in the United States after a challenging four years has sparked optimism among destination marketers. However, this revival appears to be fragmented, with certain regions benefiting more than others. The U.S. Travel Association’s annual IPW conference highlighted that overall international travel to the U.S. is projected to reach 98% of
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In a recent panel discussion at the Preferred Hotels & Resorts Global Conference 2024, travel advisors discussed the shifting trends in luxury travel. One key point that emerged from the discussion was the fact that high hotel rates are becoming a concern for travelers. Silvio Rebmann, CEO of Cube Travel, noted that there is a
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The landscape of all-inclusive resorts has transformed significantly in recent years as a response to the shift in traveler preferences. No longer associated with bottom-shelf booze and mediocre dining options, the sector has undergone a significant upgrade towards more luxury offerings. The demand for all-inclusive resorts, especially in the wake of the pandemic, has surged
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Southwest Airlines has recently been ranked as having the highest economy class customer satisfaction among North American airlines in J.D. Power’s 2024 North America Airlines Satisfaction Study. This study also found that Delta Airlines took the top spot in both the first/business class and premium economy categories. According to Michael Taylor, J.D. Power’s senior managing
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Seabourn, a luxury cruise line, has recently made a significant decision to name the Wunambal Gaambera Traditional Owners as godparents of their expedition ship, Seabourn Pursuit. This bold move not only acknowledges the rich indigenous culture of Australia but also serves as a symbol of respect and stewardship towards the environment and the communities that
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Emirates airline, one of Boeing’s biggest customers, recently expressed frustration with the safety crisis facing the American planemaker. The chairman and CEO of Emirates, Sheikh Ahmed bin Saeed Al Maktoum, voiced concerns over the delays in order deliveries and the overall situation with Boeing. Despite being Boeing’s largest customer in terms of widebody jets with
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The cruise industry is experiencing a shift in booking trends that is reshaping the landscape of summer sailings. With cruisers facing limited availability and record-high inventory levels, the usual last-minute bookings are becoming a thing of the past. Industry insiders, such as cruise line executives and travel advisors, are witnessing a surge in demand that
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