Travel Technology News Page 6
easyJet and Airbus trial new corporate SAF partnership to stimulate growth of SAF industry
easyJet and Airbus are trialling a new model to help business travellers address their carbon footprint and stimulate global SAF production. SAF is expected to be a critical lever in decarbonising the aviation sector, offering an estimated 80% reduction in carbon lifecycle emissions on average compared to conventional jet fuel.
Airlines take control: Direct bookings soar as air retailing evolves
The airline industry is increasingly prioritizing direct sales, recognizing the importance of owning the customer relationship in the evolving landscape of air retailing. This key trend emerged from the "Next 10 Years: Air Retailing" session at the Web in Travel (WiT) Singapore conference today.
True automated AI in travel is coming
The travel industry is on the cusp of a major transformation, driven by the rise of autonomous AI agents, according to a new report from Phocuswright. These intelligent assistants, capable of learning, adapting, and executing tasks without constant human supervision, have the potential to revolutionize how we plan, book, and experience travel.
AI Can Transform Tourism, Ministers Agree at WTM London
Global tourism leaders at the 2024 WTM Ministers’ Summit at WTM London agreed that artificial intelligence (AI) has the potential to revolutionize the tourism sector, enhancing traveler experiences and business processes. The Summit, held on the second day of World Travel Market London, was run in association with the United Nations World Tourism Organization (UN Tourism) and the World Travel & Tourism Council (WTTC). Moderated by BBC News Chief Presenter Geeta Guru Murthy, the Summit focused on AI’s transformative power and the ethical considerations governments face when regulating it.
Strong third quarter for travel technology providers Amadeus
Travel technology company Amadeus has reported a strong financial performance for the three months to September. Adjusted net profit for the period rose 9.3 per cent from the same period last year, standing at €344.7 million.
Singapore Tourism Board inks Skyscanner deal
Singapore Tourism Board and global travel app, Skyscanner, have signed a two-year memorandum of understanding to promote Singapore as a preferred travel destination.
Blended Business and Leisure Travel is the Top Opportunity for Tourism Growth
Business travel has defied post-pandemic expectations and when extended with leisure now represents the top opportunity for tourism growth, according to new research. More than half of experts responding to Tourism Economics’ Travel Industry Monitor 2024 survey for the WTM Global Travel Report cited blended leisure and business travel as a tourism growth opportunity, making it the top niche mentioned.
Nium and HyperGuest Join Forces to Streamline Payments for the Travel and Hospitality Industry
Nium, the leading global infrastructure for real-time cross-border payments, today announced a strategic partnership with HyperGuest, a premier B2B marketplace for the travel and hospitality industry. This collaboration brings together Nium’s advanced virtual card payment solution with HyperGuest’s innovative travel distribution platform to deliver greater efficiency, speed, and security in payments for HyperGuest’s network of travel partners, hotels, and other accommodation providers around the world.
iCanopii.com Unveiling at WTM London: Where Travel Happens
At this year’s WTM London, iCanopii.com, the world’s first omnichannel travel booking platform, is set to introduce an exciting new suite of offerings designed to enhance how travelers’ book and experience their journeys. iCanopii.com, already known for its seamless integration of flights, hotels, car rentals, tours, experiences, and even private jets, is proud to announce several key developments.
Italy's digital travel footprint decline
The Data Appeal Company - Almawave Group has released its latest macro report on Italy’s tourism landscape, revealing a notable decline in the digital footprints tracked across the country. The report, which examines 32 million of online reviews and feedback collected from September 2023 to August 2024, reflects a significant drop from the 40 million analyzed in the previous year. Key findings suggest that rising costs and inflation-driven economic constraints have reshaped travel behaviors, influencing both the quantity and nature of digital interactions in the tourism sector.
Europe could lead the world for travel tech but needs more ambition says leading investment banker
“The European Union could produce some of the biggest travel technology companies in the world, particuarly France and Spain, but companies do need to adopt a radically different approach to growth – otherwise they stand to always be in the shadow of bigger US or APAC travel tech competitors” warned Morgann Lesné from travel technology investment bank Cambon Partners whilst speaking at the Tourism Innovation Summit (TIS) taking place in Seville recently.
30 Percent of Travelers Likely to Use AI to Plan Holiday Travel
With a potentially record-setting holiday travel season kicking into high gear, 30% of travelers say they are likely to use AI to plan or assist with their travel planning this year. This finding comes from a survey of more than 1,000 travelers conducted by leading travel publisher Matador Network, which launched the free AI travel genius GuideGeek last year.