Experiences can increase hotel RevPAR by 55%
Research from Turneo, a platform that helps hotels organize in-destination activities, revealed a direct correlation between experience focus and revenue per available room (RevPAR). The company, a PhocusWire Hot 25 Travel Startup for 2024, analyzed publicly available data from 136,600 total properties globally, including 122 hotel groups with 12.2 million
Amadeus reports Q1 profit increase despite global instability
Amadeus said it is “well prepared” for 2025 as it reported first quarter 2025 financial results. The company saw a 9% increase in group revenue to €1.6 billion while operating income increased 10% to €462 million year over year. Profit increased 13% to €355 million year over year and adjusted
Nvidia CEO Jensen Huang scores his first base salary increase since 2015
Jensen Huang, chief executive and co-founder of Nvidia, recently received his first base salary increase in a decade, even though his company’s market capitalization increased by a whopping 281 times since 2015, as noticed by CNBC. Nvidia’s market capitalization increased from $10.47 billion in late January 2015 to $2.94 trillion
United award prices increase: What to know about Aeroplan’s dynamic pricing
Air Canada’s Aeroplan is the latest loyalty program to say goodbye to its fixed award charts — at least, for some of its partner redemptions. Instead, the program now operates using a dynamic pricing model for select Star Alliance partners, such as United Airlines. With this new award chart, prices
Tripadvisor continues fight against fraudulent reviews as incidences increase
Tripadvisor rejected or removed more than 2.7 million fraudulent reviews in 2024, up from two million in 2023. The company revealed the findings in its 2025 Transparency Report, noting that moderators reviewed approximately 4.2 million reviews before or after they were posted. Get a dose of digital travel in your inbox
Cucinelli Sees Operating Profit Increase 13% in 2024, Confirms Guidance
Italian luxury group Brunello Cucinelli on Thursday said its operating profit had risen 12.9 percent last year and confirmed expectations for sales growth of around 10 percent in 2025 and 2026. Earning before interest and taxes came in at €212 million ($230.40 million), slightly below an analysts’ forecast of €214
