Topic - Travel Trends

Top Project-Based Markets Include LA, NYC, Las Vegas, Chicago and San Francisco continue reading →

In April 2018, the reporting carriers posted an on-time arrival rate of 81.3 percent, up from both the 78.5 percent on-time rate in April 2017 and the 80.9 percent mark in March 2018. continue reading →

After-tax net income $1.7 billion in 1Q 2018 - down from $5.1 billion in 4Q 2017 - down from $1.9 billion in 1Q 2017 continue reading →

Gains in air freight volumes slow continue reading →

U.S. airlines’ March systemwide (domestic and international) scheduled service passenger enplanements rose 0.2 percent from February, rising to 73.1 million to reach a new all-time seasonally-adjusted high, rising for the second consecutive month. continue reading →

Travel payment is going virtual, ride-sharing is overwhelmingly allowed in business travel and gamification is not catching on, according to new research released today by the Global Business Travel Association (GBTA), in partnership with AirPlus International. continue reading →

Travel to and within the U.S. grew 3.6 percent year-over-year in April, according to the U.S. Travel Association’s latest Travel Trends Index (TTI) - marking the industry’s 100th straight month of overall expansion. Though the raw numbers are in positive territory, the U.S. continues to trail other global travel heavyweights in capturing share of the booming international travel market. continue reading →

IATA announced its expectation for airlines to achieve a collective net profit of $33.8 billion (4.1% net margin) in 2018. This is a solid performance despite rising costs, primarily fuel and labor, but also the upturn in the interest rate cycle. These rising costs are the main driver behind the downward revision from the previous forecast of $38.4 billion in December 2017. continue reading →

IATA announced global passenger traffic data for April 2018 showing that demand (revenue passenger kilometers or RPKs) rose by 6.2% compared to April 2017 continue reading →

Airbnb Releases Travel Report continue reading →