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Business & Markets — News & Analysis

The money side of travel: quarterly earnings, market data, deals, distribution and corporate strategy across airlines, hotel groups, cruise lines, online travel agencies and travel technology companies.

El Niño Quiets the 2026 Hurricane Season — and Opens the Caribbean's Deepest Deal Window

El Niño Quiets the 2026 Hurricane Season — and Opens the Caribbean's Deepest Deal Window

NOAA and Colorado State University both forecast a below-normal 2026 Atlantic hurricane season as a strengthening El Niño suppresses storm a...
Tourism Board Campaigns 2026 Compared: Who Is Spending What to Win Your Next Trip

Tourism Board Campaigns 2026 Compared: Who Is Spending What to Win Your Next Trip

From Malaysia's RM500 million Visit Malaysia 2026 push to Hong Kong's 22-market brand relaunch and Brand USA's 80% funding cut, we compare h...
US visa bond program becomes permanent: the $10,000–$20,000 rule explained

US visa bond program becomes permanent: the $10,000–$20,000 rule explained

The US State Department made its visa bond program permanent on 3 August 2026. B-1/B-2 applicants from 50 designated countries can now be re...
Air Cargo at Mid-2026: Demand Defies Forecasts as Rates Soar and De Minimis Rules Reshape E-Commerce

Air Cargo at Mid-2026: Demand Defies Forecasts as Rates Soar and De Minimis Rules Reshape E-Commerce

Air cargo demand rose 6% in May and June tonnage climbed 9%, IATA and WorldACD data show, even as spot rates jumped 43% and new US and EU de...
176 Ticket Stock Explained: Airline Ticket Prefixes, GDS, NDC and BSP

176 Ticket Stock Explained: Airline Ticket Prefixes, GDS, NDC and BSP

176 ticket stock means Emirates issued the ticket. How 13-digit ticket numbers, airline prefixes, GDS and NDC booking, GDS surcharges and BS...
What Is a DMC? Destination Management Company Meaning, Pricing and Vetting

What Is a DMC? Destination Management Company Meaning, Pricing and Vetting

A destination management company (DMC) runs the ground side of trips and events for travel businesses. The meaning, DMC vs DMO, how DMCs pri...
How Hotel Room Pricing Works: Inside the Revenue Machine Behind Your Rate

How Hotel Room Pricing Works: Inside the Revenue Machine Behind Your Rate

Hotel rates are set by revenue management systems that reprice rooms daily against demand, events and competitors. Here is how RevPAR, ADR,...
How Low-Cost Airlines Make Money: The Budget Airline Business Model in 2026

How Low-Cost Airlines Make Money: The Budget Airline Business Model in 2026

Budget airlines often lose money on the fare and profit on extras. Ryanair's per-passenger numbers, a 2025 ancillary league table, ULCC vs L...