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Business Travel Bounces Back: Spending Forecast to Hit Record

Skift Blog

Skift Take: Business travel is roaring back, with global spending projected to surpass pre-pandemic levels in dollar volume this year. Face-to-face wins. Sean O'Neill Read the Complete Story On Skift

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Summer Travel’s Hidden Hurdle: The Impacts of Cancellations and No-Shows

Skift Blog

Skift Take: Cancellations and no-shows for hotel reservations tend to be higher in summertime, which can significantly impact revenue for hotels and travel management companies (TMCs). Slicing and dicing data more granularly leads to better forecasting and may reduce potential revenue losses.

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Changing the Game: Inside the New Strategy Redefining Airline Pricing

Skift Blog

Skift Take: Airline revenue management is undergoing a significant transformation powered by AI and machine learning. By forecasting demand and offering personalized pricing, the PROS Willingness-to-Pay (WTP) model can help airlines enhance both revenue and customer satisfaction. PROS Read the Complete Story On Skift

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Exclusive: TFE signs five New Zealand properties with Heritage Hotels

Hotel Management

TFE Hotels has signed a multi-property management agreement with New Zealand’s Heritage Hotels, which will see half of the Heritage portfolio refurbished and rebranded under the Adina and Rendezvous brands. As our New Zealand hotels continue to forecast robust revenue growth for the year ahead.”

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3 Ways Ground Transportation Can Benefit From AI

Skift Blog

AI enhances efficiency by optimizing routes, managing fleets, and reducing fuel consumption, while also boosting customer satisfaction. Skift Take: Ground transportation stands to gain significantly from AI adoption as a means to free itself from legacy tech constraints. Diana Nay Read the Complete Story On Skift