Finance

Latin Routes defies ‘challenging situation’ in Latin America to achieve record peaks

Latin Route has achieved record year-on-year growth despite political tensions and security issues marring countries such Ecuador and Peru

InteleTravel celebrates second-best month since UK launch

InteleTravel’s February revenue was up by 47% compared with last year’s levels

Budget 2024: everything agents need to know

Chancellor Jeremy Hunt raises premium Air Passenger Duty rate but cuts National Insurance contributions

Norse Atlantic reveals first-year financial woes in 2023 figures

New transatlantic carrier reveals figures from its first full year of operation in 2023 results

More than £12 million lost to holiday fraud last year

Victims were defrauded out of a combined total of £12.3 million last year, according to Action Fraud

Operational issues and recruitment challenges easing – Aito

Association reveals more findings from its latest business confidence tracker survey

Package bookings up by nearly 10% over Christmas and new year period

Package holiday providers reported a 7% increase in transaction volumes in the four weeks to 10 January

Wendy Wu Tours thanks agents for 'tireless support' after best-ever month

The Asia specialist paid tribute to agents after breaking its monthly sales record

Trade sales up 11% as Explore celebrates strongest-ever January

The adventure specialist set a new record for single-day sales on 18 January, and also recorded both its best ever week and month of sales during January

‘Don't leave travel behind,’ industry urges chancellor ahead of spring Budget

UK Outbound Travel Group tells the Treasury how it should help the industry in next month’s Budget

Consumers ‘will spend more’ on travel in 2024 despite hardships, says NatWest

Consumers will continue to prioritise travel over other spend this year and are OK with dynamic pricing, NatWest reports

Intrepid smashes UK and Ireland sales record twice in a week

Adventure specialist breaks sales record on 30 January and again on 31 January, and reports a 30% hike in industry revenue compared with January 2023

Peaks drives travel to third-biggest leap in January spending growth

According to new data from Barclays, travel was the third-biggest sector for spending growth in January, pipped only by spend on digital content and subscriptions and ‘other services’

Low pay is prompting agents to consider leaving the travel industry

A TTG survey has looked into the travel industry’s state of pay to reveal that more than a third of professionals are considering an alternative career as their pay is too low

Royal Caribbean Group sees the figures turn black in 2023

Royal Caribbean Group is back in profit after resuming full operations following the pandemic

The Adventure People to double business size despite tough market conditions

Chief executive Chris Roche has told TTG the company will grow 100% this year – down from the 300% growth registered between 2022 and 2023

Travel Counsellors fixes sights on recruiting 300 more homeworkers this year

Homeworking giant embarks on biggest-ever recruitment drive

3 ways travel brands can keep consumers coming back for more

How can the travel industry use payments data to bolster business growth?

3 ways travel businesses can boost sales conversions in 2024

Discover how you can increase customer spend and retention with payment provider Tymit, as it shares the findings from its extensive travel industry and consumer research

Gold Medal smashes single-day call record as peaks hots up

It comes after the operator broke its record for web bookings twice over the past two weeks

Lovetovisit.com heralds successful first year of trading

Lovetovisit.com, a John Hays Entrepreneur award winner, has hailed a successful first year of trading and fundraising

Gray Dawes acquires Dutch TMC as part of continued expansion

According to Gray Dawes Group boss Suzanne Horner, the acquisition will only strengthen the company’s position and global offering

Travel continues strong rebound as spending with agents in December rises again

Barclays’ latest spending report based on information from 18 November to 24 December shows spending with travel agents grew by 12.8%

Spending with travel agents up by more than 10% in 2023

Barclays consumer data shows that both spending and transaction growth with travel agents rose across 2023