Articles tagged “premium travel”

By pushing nonstop flying to the edge of what’s technically possible, Qantas wants to change how Australia connects with world – but does the business case hold altitude?

The expansion into Europe comes as executives have expressed frustrations over JetBlue’s ability to grow in the region. But the new routes will allow JetBlue to capture more high-spend travelers.

Oyo is thoroughly moving beyond its traditional economy hospitality segment positioning by diversifying its premium brand into niche tourism segments.

The new seats come as JetBlue is looking to launch more premium products and services to further boost its bottom line, a trend that has taken over the airline industry.

ITC’s so-called “asset-right” strategy is actually a pivot to asset-light growth. By relying more on management and franchise deals, the company is looking to expand faster, reduce capital exposure, and align with the economics driving India’s hotel boom.

Southwest is following in the footsteps of its legacy rivals as it considers opening airport lounges to capitalize on the premium boom that has gripped the industry for nearly three years.

Years ago, Oyo made hotels more affordable for younger travelers. Now with an IPO expected soon, Prism is not holding back as it looks to make the most of the rising demand for premium accommodations.

CheckIn shows how Prism is trying to reinvent itself for a new kind of Indian traveler. It built its empire on budget hotels, but the company now sees its future in catering to people willing to pay more for better stays.

Delta CEO Ed Bastian said the top earners in the U.S. were continuing to spend, despite previous concerns over the economy slowing down.

What’s in a name? For Oyo, now Prism, apparently quite a bit. But investors will look past the rebrand for proof the company is more than a startup in new clothes, and that its profits are built to last.