Travel brands eager to engage with young consumers have for years focused on one key segment: millennials. Cut to 2021, and many of those consumers – now climbing in age between 25 and 40 – are balancing the costs of families and mortgages on top of extracurricular spending. And while millennials still hold significant spending power, […]
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Virginia Messina, WTTC Senior Vice President and Acting CEO, said: “It’s time the government removed the ambiguity by abandoning the confusing and damaging traffic light system and replacing it with a simple system with green and red countries only, so travellers know exactly where they stand. “While the rhetoric has changed to a more positive […]
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-New CEBR research reveals that business and leisure passengers through Heathrow alone account for over £16 billion spent across the UK. -US travellers provide the biggest boost, accounting for £3.74bn, or nearly a quarter of total spend, demonstrating the importance of restoring vital transatlantic routes. -Research reveals prize to the UK as total visitor expenditure […]
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According to research undertaken by ForwardKeys, a leading travel analytics company, Europe’s airlines have been offering significantly discounted fares for the September to December in a bid to woo back travellers. An analysis of airfares from the four major northern European markets: France, Germany, Netherlands and UK for the four major southern European destinations: Greece, […]
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The three global airline alliances, collectively representing over fifty percent of the world’s air traffic, have come together to highlight the measures airlines are adopting to assure the well-being of customers while travelling. Dear Travellers (1), a video by the three alliances, provides a look at what customers can expect on their journeys over the […]
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Yatra.com, one of India’s leading online travel portals, conducted their annual summer survey which brings into spotlight the changes in the way Indian travelers are planning to holiday this summer. The latest survey shows that Indian travelers decide on the go and are well in tune with the latest technology. This conclusion has been validated […]
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Two Turkish-owned Russian tour operators are actively looking at entering the German market to diversify from their struggling home market. OTI Holding and Anex Tour are considering offering packages in Turkey and Egypt to German customers in addition to Russian holidaymakers, according to fvw information. The Istanbul-based OTI group is active on the Russian market […]
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The European hotel industry recorded positive results in the three key performance metrics when reported in euro constant currency, according to February 2016 data from STR. Compared with February 2015, Europe reported a 1.5% increase in occupancy to 63.1%, a 3.7% rise in average daily rate to EUR102.98 and a 5.2% lift in revenue per […]
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Customers are booking later this year in the ‘volatile market environment’, according to a trading update by Thomas Cook today. Chief executive Peter Fankhauser said: “We know that customers want a summer holiday but we can see that some are leaving it later to book this year as they consider their options. ‘”Against this backdrop […]
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Lisbon has emerged as the cheapest city in Western Europe, according to the latest Post Office Travel Money City Costs Barometer. The barometer looks at the costs of meals, drinks, two nights’ three-star weekend accommodation, sightseeing and transport costs in a number of key city break destinations. A drop in hotel costs helped Lisbon move […]
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