Today's travellers are increasingly discerning when it comes to their accommodation. In a recent report released by the Apartment Service Worldwide, it was found that there are 7 key facilities that business travellers look for when choosing accommodation.
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Back in the autumn of 2012, IATA announced plans to standardise the airline industry’s retailing operations. Their solution was to develop a new, XML-based transmission standard: the 'New Distribution Capability (NDC) Standard'. Since then, the adoption of NDC Standard by airlines has been relatively slow. But, with a recent report showing 50% of airline members planning to implement NDC by 2020, now is the time for TMCs and GDS developers to prepare.
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2016 hasn't exactly been a relaxing year for the corporate travel industry so far. The strength of the U.S. dollar, terror fears and static global economy has resulted in many companies reducing their travel spend. However, the outlook is brighter for the corporate travel industry as we look ahead into 2017. A recent industry forecast report by Advito has predicted sector growth for emerging countries, as the cost of business travel remains cheap.
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As the world’s largest online travel company bringing in total revenue of over $6.6 billion last year, Expedia are a major player within the world of travel. And, with the ongoing successes of assets acquired back in 2015, this year’s impact on the travel industry is set to be greater still.
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We recently looked at some of the many ways that Brexit could affect the travel industry, but what do the sector's heavy hitters think of the prospect of the UK leaving the EU?
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