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Hyatt Confirms Commission Cut

Smart Meetings

Hyatt will be reducing commissions for third parties booking group business at hotels in the U.S. to seven percent, effective February 1, 2019. We remain committed to closely collaborating with meeting planners and travel agents to deliver meaningful experiences and foster shared success.

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Is the Rise of Regional Tourism Here to Stay?

Dana Communications

The past two years have taken the travel sector on a wild ride—from brutal decimation in 2020 to the renaissance of the road trip in 2021 to the growing, but guarded, optimism of today. Most experts predict that the industry will not fully recover (read: achieve 2019 levels) until 2024. The short answer? It’s complicated.

Tourism 246
MICE professionals

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19 Event Trends That Will Shake Up Meetings & Group Business in 2019

Social Tables

What does it mean to be a part of the events industry in 2019? Here, we cover the top 19 trends which promise to shake up event planning and hospitality in 2019 and beyond. Planners should adjust budgets to anticipate higher rates and book event space as early as possible. Well for starters, don’t blink. You read that right.).

Trends 167
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CDC Will Allow Cruise Travel to Resume This Summer   

Smart Meetings

The collective push by the travel industry that the CDC release the sails is no wonder, as prebooking for cruise travel is booming for late 2021 and beyond. CEO Bob Levinstein shared encouraging statistics with Smart Meetings in an email, noting that advanced bookings for 2022 are level with 2019 by number of cabins pre-booked.

Travel 264
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92% to use agents to book luxury trips in 2023

Travel Daily Media

The post 92% to use agents to book luxury trips in 2023 appeared first on TD (Travel Daily Media) Travel Daily. As per the research presented at ILTM ASIA PACIFIC 2022 opening forum, the future of this region has huge potential for luxury travel brands around the world.

Booking 111
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Host Travel Agencies: Why You Need Them and How to Choose the Best Option

AltexSoft Travel

In 2020, the travel industry found itself among the sectors hardest hit by COVID-19. American Society of Travel Advisors (ASTA) reported a 75-percent cut in revenue across travel agencies versus 2019. As a travel agent you want to run your business, but you need resources that you can’t afford alone.

Affiliate 111
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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

Flight consolidators are brokers that book airline seats in bulk at discount rates and then resell them to travel agencies. Consolidators pass on net fares to travel agencies, charging a premium on top of each seat. In any case, travel agents get a good margin to earn money. Booking engines out of the box.

Airlines 113