According to Expedia Group’s Q2 2022 Traveler Insights Report, hotel and flight demand stayed strong and long-haul destinations (more than a four-hour flight) are making a comeback.
Because fewer employees have been traveling during the pandemic, companies have gotten used to saving money on travel. Employees are now encouraged to bundle visits to multiple clients or events into a single trip.
For Q4, Expedia Group’s recent travel report shows a growing appetite for travel and sustained demand for long-haul destinations.
Strong business performance usually comes during times of stability. Then how come car rental is doing so well in the most disruptive era in its history?
But can they be profitable for car rental? One operator weighs in.
A new report from travel industry research company PhocusWright analyzed the impact of ride-hailing and other new business models on the ground transportation segment.
It continues to be a good time to be in the rental business. Here are the key trends the investment community will likely be watching in 2014.
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