Bizjournals

Uber document shows huge growth, de...

Uber document shows huge growth, deep losses

Is Uber's growth sustainable? The company's rapid expansion comes at a significant expense to its bottom line, according to new documents which surfaced during the company's fundraising efforts. The ride-sharing service is telling prospective investors that it saw $470 million in operating losses on $415 million in revenue, according to Bloomberg, citing a document provided to prospective investors. It?s unknown what time period these financial results represent. The San Francisco-based company?
Southwest offers new nonstop flight...

Southwest offers new nonstop flights between Sacramento and Boise

Nonstop Southwest Airlines flights between Sacramento and Boise will begin in early 2016, the airline announced Tuesday. The flights, one daily each direction five days a week, will have $49 introductory fares to start, said Mike Sikes, a Southwest manager of network planning and performance. ?We look for ways to stimulate the market,? he said, adding Southwest has connecting flights between Sacramento and Boise, but none that are nonstop. ?We want to eliminate those market gaps. There?s?
Historic convention expected to pum...

Historic convention expected to pump more than $40 million into San Antonio economy

San Antonio is bracing for what local leaders anticipate will be the largest and longest convention held in this city. Approximately 65,000 people are expected to converge on San Antonio for the 60th Quinquennial General Conference Session of the Seventh-day Adventist. San Antonio Convention & Visitors Bureau officials said the economic impact from the citywide 10-day conference could approach $41 million. The convention should be a good test for the San Antonio International Airport, which has?
Delta to increase flights from New ...

Delta to increase flights from New York to Los Angeles and San Francisco

Delta Air Lines Inc. plans to add more coast-to-coast flights in fall, increasing service between New York-JFK and Los Angeles. Starting in November 2015, Delta will increase service between New York-JFK and Los Angeles International Airport from nine to 10 daily peak-day flights. Four flights will be operated with Boeing 767 widebody aircraft, which provide direct aisle access for all Delta One customers, and six flights will use Boeing 757 aircraft featuring new interior modifications that have?
Emirates president to U.S. airlines...

Emirates president to U.S. airlines: Subsidies? What subsidies?

Offering a rebuttal from a report written for the U.S. government, Emirates airline President Tim Clark on Tuesday denied that the carrier has received more than $6 billion in subsidies after rival airlines in the United States have accused the Persian Gulf airline and two others of getting unfair support from their nations? governments. The three largest U.S. airlines ? Fort Worth-based American ( Nasdaq: AAL), Atlanta-based Delta ( NYSE: DAL) and Chicago-based United ? contend that Emirates?
Former MIA hotel workers plead guil...

Former MIA hotel workers plead guilty to $200,000 fraud scheme

Miami International Airport Hotel's former executive assistant Ivy Evans-Maquilon and her husband Jorge Maquilon have pleaded guilty to a $200,000 fraud scheme and were sentenced to two years in prison, followed by 20 years of probation. Ivy Evans-Maquilon was a former employee of H.I. Development Corporation, which was hired by the Miami-Dade Aviation Department to operate and manage the MIA Hotel. Her husband, Jorge Maquilon, was among of the hotel's vendors, and allegedly overcharged the MIA?

MSNBC

JetBlue Starts Charging for All Che...

JetBlue Starts Charging for All Checked Baggage

JetBlue, which had long touted its one free checked bag perk, started charging for the first piece of luggage Tuesday.
The Great Wall of China Is Nearly 1...

The Great Wall of China Is Nearly 1/3 Gone

Vandalism and exposure to the elements has destroyed around 30 percent of the Great Wall of China, according to Chinese state-run media.
'Urgent Task': China's Great Wall I...

'Urgent Task': China's Great Wall Is Crumbling

Vandalism and exposure to the elements has destroyed around 30 percent of the Great Wall of China, according to Chinese state-run media.
Traveling to Greece? Great Prices, ...

Traveling to Greece? Great Prices, Big Problems

Many U.S. tourists are carrying extra cash in case the ATMs in Athens run dry.
For Onboard Wi-Fi, Not All Airlines...

For Onboard Wi-Fi, Not All Airlines are Equal

Airlines in the U.S. have committed billions to providing a better in-flight experience, but some are better than others.
Tunisia Attack Could Be 'Nail in th...

Tunisia Attack Could Be 'Nail in the Coffin' for Tourism

It's already clear that terror attack in Tunisia will severely hurt the country's tourism-driven economy.

NewYorkTimes

In Transit: Tourism in Greece Remai...

In Transit: Tourism in Greece Remains Steady During Debt Crisis

Credit and debit cards issued by foreign banks are being accepted throughout the country without any additional regulations.
Q&A: Dale DeGroff on the Origin of ...

Q&A: Dale DeGroff on the Origin of Cocktails, Katrina and the Rainbow Room

DeGroff on the best cocktails when traveling, and New Orleans and New York drinking cultures.
E.U. to End Cellphone Roaming Charg...

E.U. to End Cellphone Roaming Charges in 2017

The new rules, which will apply to people who travel across the 28-member bloc, are accompanied by regulations on so-called net neutrality.
Road Trip: A Rookie?s Road Trip Thr...

Road Trip: A Rookie?s Road Trip Through Montana, Wyoming and Idaho

A car-averse traveler finds freedom in the driver?s seat, covering 700 miles and three states over three days.
In Transit: Tuesday?s Travel News a...

In Transit: Tuesday?s Travel News and Tips

What you need to know if you?re on a trip or planning one soon, including pet tracking on Delta flights and HomeAway listings for Dubai.
Farm Waste and Animal Fats Will Hel...

Farm Waste and Animal Fats Will Help Power a United Jet

Later this summer, United Airlines will begin using fuel generated from farm waste and oil from animal fats to help power its commercial flights.

Infozine

Two Kansas Lakes Under Blue-green...

Two Kansas Lakes Under Blue-green Algae Warning

Kansans should be aware that blooms are unpredictable.
Smithsonian Folklife Festival Bri...

Smithsonian Folklife Festival Brings Peru Flavor to Washington

By Sarah Fulton - Eloisa Margarita Piminchumo Dominguez, 56, a hotel cook from Huanchaco, Peru, held up a pink crab just larger than a quarter Wednesday. As a Spanish guitar played nearby and a throng of people filed past, Dominguez explained how her family fishes in a river near their home. She laughed heartily as the surrounding group bent down to photograph the crab.
Kansas City International Airport...

Kansas City International Airport Passenger Traffic Up for 13th Straight Month

Service was offered to 41 nonstop markets.
U.S. 69 Highway Scheduled for Tem...

U.S. 69 Highway Scheduled for Temporary Closure, Video

The lane reductions are so road crews can work at building auxiliary lanes for the new interchange.
NASA-Developed Air Traffic Manage...

NASA-Developed Air Traffic Management Tool Flies Into Use

A new software tool developed by NASA, and being deployed by the Federal Aviation Administration (FAA), is positioned to help air traffic controllers manage the nation?s skies.
Iraq Travel Warning

Iraq Travel Warning

The Department of State warns U.S. citizens against all but essential travel to Iraq. Travel within Iraq remains dangerous given the security situation.

PhoCusWright

In Online Travel, Size Matters

In Online Travel, Size Matters

In Online Travel, Size MattersFour Questions about the Future of Online Travel Agencies With Expedia swallowing Travelocity, Orbitz considering a sale, eDreams Odigeo in transition and Priceline stoking fears around the world, every online travel company and hotelier must confront a rising strategic reality: It's become a two-horse race, and the leaders are pulling ahead of the pack. Online travel agencies (OTAs) are the fastest growing distribution channel globally, and the two largest, Priceline and Expedia, outpace the market by no small margin. Combined gross bookings of the two jumped from 38% of global OTA sales in 2011 to 47% in 2013 (see Figure 1). And the continued, super-charged organic growth of Priceline's Booking.com, as well as Expedia's assumption of the Travelocity volume largely in 2014 (and Australia's Wotif), mean global share of the two leaders will only accelerate in 2014 and 2015. Figure 1 The rest of the OTA market is growing, but at a pace far...
U.K. Proves Perfect Storm for Mobil...

U.K. Proves Perfect Storm for Mobile Bookings

The time is finally here: The majority of U.K. travelers own a mobile device, and travel companies have the mobile web and app experience down pat. And now, mobile bookings are beginning to flourish. By 2016, 25% of online bookings will be mobile, up from 12% just three years before. In Europe, the U.K. has the highest share of total web traffic from smartphones and tablet. Learn more about the U.K.'s mobile travel market with Phocuswright's U.K. Online Travel Overview Tenth Edition.
Mobile Travel Shopping Hits Tipping...

Mobile Travel Shopping Hits Tipping Point ? But PC Still Dominates Booking

Mobile devices have invaded the early travel planning funnel. During 2014, one third of U.S. leisure travelers used their smartphone to research where to go for an upcoming vacation while only slightly fewer, 32%, used the device to shop for travel products like flights and hotels. According to a new Innovation Edition publication, the growth in mobile travel shopping has been extremely impressive, up from 26% the prior year. While consumers might be breaking out their devices to research and plan their trips, the overwhelming majority still head to the PC (78%) when it comes time to book. Nevertheless, mobile booking is growing. One in four leisure travelers used their smartphone to book leisure in 2014, up from only 15% from 2013. "The industry has been very focused on mobile booking for quite some time now. And while that growth is exciting to watch unfold, it's only just part of the story," says Phocuswright's senior analyst, consumer research, Marcello Gasdia. "More...
Canada's Travel Industry Fails to K...

Canada's Travel Industry Fails to Keep Pace as Travelers' Mobile Expectations Accelerate

Home to one of the first leaders in the global smartphone revolution, the storied maker of the BlackBerry messenger and smartphones, Canada has been somewhat sleepy when it comes to the mobile travel revolution. According to Phocuswright's Canadian Online Travel Overview Third Edition: 2012-2016 (a European and Global Edition publication), gross bookings via mobile devices (smartphones and tablets) remain well below that of the U.S., Europe and even Asia, with mobile as a share of all online bookings still in the low single digits. "When it comes to mobile, Canada's travel industry – with a few exceptions – has let the consumer pass it by. The Canadian traveler is already there," said Phocuswright's vice president, research, Douglas Quinby. "Four in five Canadian travelers own mobile devices and a significant minority of travelers use their devices across a range of travel activities." More than 40% of mobile travelers researched local activities or destinations on...
Europe's Online Travel Market Will ...

Europe's Online Travel Market Will Expand 7% in 2015, Despite Economic Challenges

A new European and Global Edition study published by Phocuswright finds that European online travel gross bookings will march forward at a brisk pace in 2015, despite continued economic sluggishness and geopolitical turbulence. Optimism over Europe's recovery experienced in the first half of 2014 proved short-lived, as the French economy continued its slowdown into 2015 and Greece's fiscal woes continued to weigh heavily on Euro Zone stability. Despite these challenges, online bookings expanded by 8% in 2013 and will continue to climb at a similar pace through 2016, according to Phocuswright's European Online Travel Overview Tenth Edition. "While growth in the total travel market has slowed, there is still ample opportunity to shift market share between Europe's many travel intermediaries and suppliers," states Luke Bujarski, director, research at Phocuswright. Intense competition driven by disruptive innovation across all the major travel segments including air and...
Sputtering European Economy Halts H...

Sputtering European Economy Halts Holiday Spending Recovery

After climbing out from the depths of the global economic recession, Europe appeared to be on track for a lasting recovery. But despite some signs of progress, the region's economic rollercoaster continued in 2014, amid fears of a renewed slowdown in the region's largest economies. Branded as Europe's growth engine, Germany sputtered in the second quarter as the country's gross domestic product (GDP) contracted. Add to that geopolitical turmoil and deflation concerns, and it is clear that Europeans have plenty to be concerned about. According to a new European and Global Edition publication, consumer travel trends for 2014 are mixed, but positive indicators remain. Although travel incidence fell in France and the U.K., a larger share of German travelers took a leisure trip versus the previous year. And while Europeans in all three markets took fewer trips, they spent more, making cutbacks among those who did travel largely symbolic. Consumer travel trends reflect a varied...

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Jul 01      Hits : 13748
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