Tour giant TUI’s net debt has ballooned to 7.2 billion euros during this pandemic, and the company is despate to reboot operations in Spring.
A recent survey conducted by leading travel platform Trivago shows that 40% of Britons will do anything for a vacation.
Smart technologies and the ecosystems they are integrated into, these each represent opportunities for both businesses and travelers. Airports, being central to the overall travel market, they will soon become highly advanced Smart hubs themselves, According to a new report from MarketsandMarkets, the global market for smart airports will reach $13.5 billion by the year 2020. Already the demand for smart technologies integrated into center infrastructures will skyrocket in the next few years.
A couple of weeks ago we announced hotels could load their inventory onto Treovi. Yesterday the Swiss startup announced having opened their beta doors to guests, inviting the world to not only search desired destination hotels, but to just plain “book!” This niche of travel booking entities is growing pretty fast, but Treovi thinks their model is the only truly free one.
What could Google do with Travelzoo (NASDAQ:TZOO)? This is the question some insiders may be asking if reports of the beleaguered travel deal company’s sale ring true. Having had shared plummet over 70 percent since last year, Travelzoo would seem ripe for the picking, but just who’s plucking online booking portals these days? Reuters has it the company is seeking advisers on a potential sell.