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
Amid “uncertain” times, Airbnb reports mixed financial results
As the travel industry faces unease due to economic and political concerns prompting shifts in global perception, Airbnb saw mixed results in the first quarter of 2025. The short-term rental giant saw a rise in revenue in the first quarter of 2025 compared to the same period in 2024. It
American Airlines plans May opening for Philly Flagship Lounge, reports big first-quarter loss
American Airlines’ new business-class lounge at Philadelphia International Airport (PHL) is on track to open next month, the airline’s top executive confirmed Thursday. Philly’s Flagship Lounge is expected to open sometime in May, American CEO Robert Isom said on the company’s first-quarter earnings call. The premium outpost, which was first
Reports: Saks Global Culls Corporate Workforce, Shutters Warehouse in Tennessee
Saks Global moved to consolidate its business this week, laying off hundreds of workers across its corporate offices, stores and a fulfilment centre in Tennessee, according to various media reports. The department store group, which closed its acquisition of Neiman Marcus Group in December, will eliminate 3 percent of its
Golden Goose Reports Double-Digit Sales Growth in 2024
Luxury sneaker maker Golden Goose’s sales grew 13 percent to hit €654.6 million ($714 million) last year, the company said Wednesday. The robust growth defied a broader luxury slowdown that has weighed on the sector in recent quarters. Private equity-backed Golden Goose is focusing on sustaining that growth momentum, rather
Trip.com Group reports Q4 bookings growth for international and inbound travel
Trip.com Group has reported outbound hotel and air ticket bookings have recovered to more than 120% of pre-COVID level in the fourth quarter of 2024 compared to the same period in 2019. The China-based online travel agency said air ticket and hotel bookings on its international online travel agency Trip.com
ChatGPT’s new ‘Deep Research’ tool promises analyst-level research reports in minutes
Calvin Wankhede / Android Authority TL;DR OpenAI has launched a new “Deep Research” feature in ChatGPT that helps users produce comprehensive reports in a fraction of the time it would take a human. Deep Research is designed for knowledge workers or anyone who needs help with topics that require extensive
ChatGPT's Deep Research tool can create reports from hundreds of online sources
There’s no two ways about it, there’s a newfound sense of urgency at OpenAI. Two days after releasing o3-mini to the world, the company made a surprise announcement on Sunday evening, revealing Deep Research. The new feature allows ChatGPT to find, analyze and synthesize hundreds of websites and online sources