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Travel

Sabre enters into definitive agreement to sell its Hospitality Solutions business unit to TPG for $1.1 billion

Transaction Enables Sabre to Pay Down Debt, Optimize Portfolio, and Continue Its Focus on Sustainable Growth Transaction Will Establish Hospitality Solutions Business as an Independent Technology Company Built for the Hospitality Industry Sabre Corporation (NASDAQ: SABR), a leading technology provider to the global travel industry, and TPG, (NASDAQ: TPG), a global alternative asset management firm, …

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La Quinta by Wyndham Opens its Doors in Beautiful Batumi, Georgia

Wyndham Hotels & Resorts introduced its highly anticipated La Quinta by Wyndham brand to the Georgian market, opening the beachside La Quinta® by Wyndham Batumi, in one of the fastest-growing travel destinations on the Black Sea coast. Often referred to as the “Pearl of the Black Sea”, Batumi is renowned for its vibrant blend of …

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Global Luxury Travel Market Expected to Reach USD 3.75 Trillion by 2032, Fueled by Rising Demand for Personalized and Exclusive Experiences

The Global Luxury Travel Market is set to experience exceptional growth, projected to expand from approximately USD 1.60 trillion in 2024 to USD 3.75 trillion by 2032. This growth trajectory, representing a strong CAGR of 11.2%, is underpinned by increasing disposable incomes, a heightened appetite for personalized experiences, and expanding access to luxury services across emerging markets. …

Global Luxury Travel Market Expected to Reach USD 3.75 Trillion by 2032, Fueled by Rising Demand for Personalized and Exclusive Experiences Read More »

Despite Inflation, Americans Adjusting Rather than Cancelling Travel Plans, New Study Reveals

Despite Inflation, Americans Adjusting Rather than Cancelling Travel Plans, New Study Reveals – Image Credit Unsplash    Despite economic pressures, most Americans are maintaining their travel plans, albeit with some adjustments, according to a recent survey by Squaremouth. Amidst mounting inflation and economic uncertainty, American travelers seem undeterred, continuing to prioritize their vacations. A recent survey …

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Israeli tourist was asked to sign war crimes declaration while visiting Kyoto

Israel’s ambassador to Japan, Gilad Cohen, speaks during a press conference at the Foreign Correspondents’ Club of Japan in Tokyo in October 2023. File Photo by Franck Robichon/EPA-EFE April 27 (UPI) — A hotel in the Japanese city of Kyoto asked an Israeli traveler who had served in the Israeli Defense Forces to voluntarily sign …

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Global Luxury Travel Market Expected to Reach USD 3.75 Trillion by 2032, Fueled by Rising Demand for Personalized and Exclusive Experiences

The Global Luxury Travel Market is set to experience exceptional growth, projected to expand from approximately USD 1.60 trillion in 2024 to USD 3.75 trillion by 2032. This growth trajectory, representing a strong CAGR of 11.2%, is underpinned by increasing disposable incomes, a heightened appetite for personalized experiences, and expanding access to luxury services across emerging markets. …

Global Luxury Travel Market Expected to Reach USD 3.75 Trillion by 2032, Fueled by Rising Demand for Personalized and Exclusive Experiences Read More »