TUI Says Travelers Are Waiting Until the Last Minute as Iran War Costs It €60 Million
TUI says the Iran war and cost-of-living pressures are pushing travelers to delay holiday decisions, with last-minute bookings now helping summer demand recover.
TUI says the Iran war and cost-of-living pressures are pushing travelers to delay holiday decisions, with last-minute bookings now helping summer demand recover.
TUI says artificial intelligence is already delivering meaningful cost savings across customer service, pricing and technology while reshaping how travelers may discover and book trips.
Air Canada is selling a 25% stake in Aeroplan for C$2.5 billion while keeping full control of the loyalty program, highlighting how valuable airline points businesses have become.
Istanbul Airport has overtaken London Heathrow as Europe’s busiest airport by passenger numbers, strengthening Heathrow’s argument for a controversial third runway.
Mercure has opened its first hotel in Oradea, adding a 90-room property with spa, dining and meeting facilities to Accor’s growing Romanian portfolio.
Airbnb will add selected Tripadvisor Group tours and activities to its platform as it accelerates expansion of its Experiences business beyond accommodation.
Fliggy has launched a new agentic AI travel assistant that can plan trips, complete bookings and manage changes using Alibaba’s Qwen model.
Lufthansa Group will begin rolling out free Starlink-powered Wi-Fi on August 19, with around 850 aircraft across its airlines scheduled to receive the service by 2029.
airBaltic plans to cut its Airbus A220 fleet from 54 to about 36 aircraft, refocus its network around Riga and raise €225 million in emergency financing.
Dubai’s Burj Al Arab is undergoing its first major restoration, with the landmark hotel expected to reopen in October 2027 after an 18-month closure.
Emirates has introduced unlimited free date changes for Dubai-bound passengers while cutting refund fees and expanding travel protection across its network.
Guggenheim Abu Dhabi will finally open on December 11, 2026, adding a Frank Gehry-designed contemporary art landmark to Saadiyat Island.