Travel Industry News - Popular Articles Last 12 months

Travel was the number three vertical on the Millennial Media platform (ranked by ad spend), and grew 200 percent year-over-year.

Wharton management professor Peter Cappelli's most recent book -- Why Good People Can't Get Jobs: The Skills Gap and What Companies Can Do About It -- has inspired a reaction from just about every group with a stake in today's workforce: employers, employees, recruiters, academics and media commentators. Cappelli debunks the oft-repeated argument from employers that applicants don't have the skills needed for today's jobs. Instead, he puts much of the blame on companies themselves -- including their lack of information about hiring and training costs -- and on computerized applicant tracking systems that can make it harder, not easier, to find qualified job candidates.

The global economy is uncertain at best, travel is a hyper-competitive landscape with new services and products are launching daily and the travel consumer becoming ever more savvy, fickle and demanding. In this environment how can travel companies possibly survive, let alone thrive?

Innovative Sustainable Business Model Enables the Hospitality and Tourism Industry to Collectively Address One of Our World’s Most Pressing Issues

The Amadeus worldwide estimate of ancillary revenue forecasts an11.3% increase, surpassing $3.6 billion in new receipts.

The current multi-channel, multi-screen, 'always on' world is giving rise to a new form of storytelling, dubbed 'transmedia,' that unfolds a narrative across multiple media channels, including television, movies, comic books, video games and Twitter feeds. Look at how the worlds of Stars Wars and Indiana Jones have expanded beyond the original movies, says Andrea Phillips, who got hooked on transmedia in 2001 when she encountered a mysterious website railing against sentient robots. Phillips, now a full-time transmedia author, talked about the phenomenon, its allure and what it means for the future of marketing during a recent interview with Knowledge@Wharton.

Egencia®, an Expedia, Inc. company, today unveiled its 2013 Global Corporate Travel Forecast for air fares and hotel rates. Egencia found, based on improving from 2012, albeit still sluggish market conditions going into 2013, Average Ticket Prices (ATPs) and hotel Average Daily Rates (ADRs) for top corporate travel destinations will be slightly up overall in Europe, North America, and Asia-Pacific.

Research released today by LoyaltyOne and two leading North American academic institutions provides empirical proof that social media interaction between a customer and a brand drives immediate and long-term sales increases.

Deloitte Research’s Global Economic Outlook offers timely insights from Deloitte Research’s team of economists about the trends and events that are shaping the marketplace. This edition offers economic outlooks for the Eurozone, the United States, China, the United Kingdom, Japan, India, Russia, and Brazil.

Travel Leaders Group unveiled the 2013 results of its authoritative annual Travel Trends Survey. Over 92% of Travel Leaders Group agents surveyed throughout the United States say clients will spend the same or more on travel in 2013 as compared to last year, and Europe – along with European cruising – appears to be driving much of that spending.