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Inspirato, the struggling luxury hospitality brand, said Thursday that it had “terminated” the employment of its president, David Kallery. In financial filings, Inspirato did not say why Kallery “was separated from the company, effective immediately.” “The Company is currently in…
Accor, the Paris-based hotel operator, reported solid first-quarter performance despite broader economic concerns related to recent U.S. trade policies. “We’re not seeing cracks in demand,” said Martine Gerow, chief financial officer, on an earnings call Thursday. “We feel good about…
Booking Holdings CEO Glenn Fogel earned $126.4 million in “compensation actually paid” in 2024, according to the most recent financial filings with the SEC. He edged out now-former Expedia Group CEO Peter Kern, who was in the post for a…
Pakistan on Thursday officially closed its airspace to all Indian carriers, escalating diplomatic tensions just two days after a terrorist attack in India’s Jammu and Kashmir region killed 26 people, most of them tourists. The abrupt move has forced Indian…
Wyndham Hotels & Resorts is expanding its Super 8 hotel brand into Spain and Portugal, intensifying competition among global hospitality giants for Europe’s middle-class travelers. The hotel group said on Wednesday it had signed an exclusive 10-year development agreement with…
Uncertainty was a recurring theme at Thursday’s press conference for the upcoming Arabian Travel Market – the region’s largest travel show is set to unfold amid growing concerns of a global travel slowdown. Now in its 32nd edition, ATM organizers…
Key Points Former FAA administrator Mike Whitaker has been appointed as an independent director on IndiGo’s board, pending regulatory and shareholder approval. Whitaker is recognized for his increased oversight of Boeing during his FAA tenure and brings three decades of…
Saudi Arabian low-cost carrier flyadeal is preparing to enter the long-haul market. On Wednesday, parent company Saudia Group announced a widebody aircraft order with Airbus. The deal for 10 A330neo jets, plus an additional 10 options, marks a major milestone…
Key Points Overseas visits to the U.S. fell 11.6% in March year-over-year, with Western Europe and Germany seeing the steepest drops. Nearly half of surveyed travelers in five countries are less likely to visit the U.S. due to Trump-era politics,…
The Indian government is focusing on growing the burgeoning cruise tourism sector in the country. For this, it is looking at coastal as well as river cruise tourism through the Cruise Bharat Mission and the Maritime India Vision 2030. By…