A recent survey has revealed that 98 per cent of travel firms have lost, on average, revenue of £11.5 million a year in failed transactions for, amongst others, failure of reservations, bookings and check-ins
International travel-related news all in one place – travel trends, traveller statistics, and worldwide issues affecting travel patterns.
British holidaymakers are expected to spend over £43 billion on holidays this summer, according to new research from Sainsbury's Travel Insurance
A range of studies have revealed a dramatic decrease in business travel expenditure for 2009, as employers seek ways to reduce costs in the current economic climate. The studies were conducted by the Chartered Institute of Personnel and Development (CIPD), consultants KPMG, the Association of Corporate Travel Executives (ACTE) and the Amadeus Hospitality Group, and have cohesively shown that business travellers will be making fewer, shorter and cheaper corporate trips this year.