Len Covello commented that the traditional concept of loyalty, where individuals accumulate a specific currency like air miles over time and then redeem them, has shifted in recent years. Loyalty …
Article News Category: OTAs
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Allied Market research: Travel Technology Market to Reach $21 Billion, Globally, by 2032 at 8.6% CAGR: Allied Market Research
by GLOby GLOIncrease in use of voice search and voice control and rise in contactless payment options, drives the growth of the global travel technology market.
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Ernst & Young survey: 50%+ of global consumers plan to reduce holiday spending to save money
by GLOby GLOAn Ernst & Young report has identified changes in consumer spending behavior due to increased inflation, elevated interest rates, and a rise in credit card delinquencies, which are diminishing consumers’ …
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Amadeus results: Asia travel spearheads rise in Q3 bookings & growth trajectory continues
by GLOby GLO– Air Distribution bookings increased 15.7%, to 348.0 million. – Air IT Solutions passengers boarded increased 29.7%, to 1,452.8 million. – Air Distribution revenue grew 25.9%, to €2,027.6 million. – Air …
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Tripadvisor is incorporating generative AI tools into its Trips travel-planning tool for personalized itineraries
by GLOby GLOAccording to Tripadvisor’s CEO, Matt Goldberg, the incorporation of generative AI into its Trips travel-planning tool is yielding favorable outcomes.
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McKinsey report: future of tourism to include bridging the labor gap and enhancing customer experience
by GLOby GLOMcKinsey’s Future of Tourism article expects travel and tourism GDP expected to grow at an average annual rate of 5.8% between 2022 and 2032, surpassing the growth of the overall economy, …
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Expedia Group unveiled Unpack ’24, a comprehensive look at what’s motivating travelers and where they’re going next year. Based on the company’s unmatched first-party travel data, plus a global consumer …
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The cooperation will provide customers with a seamless and personalised travel booking experience, delivering exceptional travel services for travelers while saving agent time with each transaction.
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