WAYS TO INCREASE HOTEL PROFITABILITY

Sara Thopson -
Hotels can improve their profitability by starting with the basics - understanding their costs and expenses. ...

SPAIN TO LOSE 3,500 TRAVEL AGENCIES IN SEVEN YEARS

Gregory Dolgos -
According to a Braintrust study, the number of travel agencies in Spain will decrease from 9,500 to 6,000 by 2030. However, it's estimated that their revenue will increase significantly, along with th ...

THE CONCENTRATION OF LUXURY HOTELS IN MADRID DISTORTS PRICES

Denise Chen -
The Four Seasons chain's significant presence in Madrid is evident in its third year of operation, with an average nightly rate of almost €1,000, double the average rate of five-star hotels in the cap ...

AIRBUS OVERTAKES BOEING AND EXCEEDS ITS 2023 ANNUAL AIRCRAFT DELIVERY

Kevin Eagan -
Airbus announced that it has exceeded its annual aircraft delivery target by delivering 735 aircraft to 87 customers in 2023. This number is higher than the initial target of 720 aircraft and represen ...

AIRFARES TO RISE IN THE COMING MONTHS

Sara Thopson -
According to a report by OBS Business School, airfares are expected to increase significantly in the upcoming months. Western airlines lead in profits, flight volume, and trade value, but Asian countr ...