As India’s peak travel season approaches, the increase in fuel surcharge by both IndiGo and Air India now casts doubt on whether outbound travel will continue its upward trajectory.
Taxes on jet fuel are airlines’ single biggest cost, accounting for more than half the expenses for some Indian low-cost carriers. The aviation industry urgently needs relevant policy measures to address them now.
The fast-paced growth of online travel bookings makes the tourism industry a ripe target for cybercriminals. Stakeholders must therefore deploy strategies and tools to guard the sector against data breaches and malicious attacks.
High gas prices and inflation haven't dented travel demand for Labor Day weekend because Americans have dealt with economic turbulence long enough to know how much they can set aside for travel.
Tour operators believe inflation isn't slowing down travel demand. But they're fighting hard to ensure their sector's recovery won't take a hit if they can't avoid passing on rising costs to consumers with limited travel budgets.
Following Memorial Day Weekend, Americans are still planning to travel during the next major U.S. summer holiday, but with more careful planning and sentiment stability about rising fuel prices.
The dramatic run up in oil prices since Russia's invasion of Ukraine in February has claimed a new record: the highest-ever average April fuel price for U.S. airlines since record…
While many turned to recreational vehicles and outdoor experiences for social distancing and mental wellness during the pandemic, rising vacation prices are forcing Americans to carefully allocate their finances, adding yet another reason to the list of why RVs are the move this summer.
Tour operators will try to avoid adding fuel surcharges to their trips for as long as possible. They're aware that making their trips more expensive could put a dent in their recovery because consumers will only tolerate higher prices to a certain extent.