Global airfare volatility sharply increased in July compared with previous month, according to a new... KEEP READING

Australian airline group Qantas has reported a statutory loss of A$2.7 billion (US$1.95 billion) for... KEEP READING

Accor in recent months has formed an internal group to assess the possibility of a merger with... KEEP READING

Frosch International Travel has acquired a majority stake in Woodland Hills, Calif.-based luxury... KEEP READING

Conlin Travel has acquired two Michigan-based travel agencies, Okemos-based Classic Travel and... KEEP READING

While the main second-quarter performance metrics for the U.S. extended-stay lodging sector all... KEEP READING

  Lyft's revenue declined 61 percent year over year to $339.3 million in the second quarter as... KEEP READING

  Hertz's global revenue declined 67 percent year over year to $832 million in the second... KEEP READING

In a slightly downgraded forecast for the U.S. hotel industry, STR and Tourism Economics now... KEEP READING

Occupancy levels, average daily rate and revenue per available room changes have favored short-term... KEEP READING