AIRBNB EXPECTS A GLOOMY SUMMER AND LOWER TRAVEL DEMAND

Michael Trout -
Airbnb is not optimistic about the upcoming summer season, and its stock in New York reflects the same sentiment. The stock saw an 8.5% decline last week. The popular accommodation rental platform gav ...

DEMAND FOR INTERNATIONAL BUSINESS TRAVEL IN RUSSIA IS GROWING

Bill Alen -
Demand for cross-border flights by business travelers from Russia in the first four months of this year increased by 87% compared to last year. However, the demand for international flights was 54% lo ...

IATA ANNOUNCED A STRONG GROWTH IN AIR TRAVEL

Laura Loss -
According to the February 2023 traffic results announced by the International Air Transport Association (IATA), strong growth in air travel demand continues. According to the figures released, total t ...

GERMAN DEMAND FOR TRAVEL SURGED

Vanderlei J. Pollack -
As the summer holidays draw near, Germany is abuzz with a fervent desire to travel. Tour operators are witnessing an unprecedented surge in demand, with some hotels already fully booked. ...

SUMMER AIR TRAVEL RESERVATIONS SOAR WORLDWIDE

Andrea Hausold -
Worldwide air travel reservations to fly between May and September are 35% higher than in 2022, according to International Air Transport Association (IATA) data. ...