Good morning from skift. It’s Wednsday, August 20. Here’s what you need to know about the business of travel today.
Southwest Airlines Announced on Tuesday that its launching its oven in-House vacation packages, writes airlines reporter meghna maharishi.
GetAWAYS by Southwest Will Allow Customers to Earn Rapid Rewards Points While Booking Vacation Packages That Include Flights, Hotels, and Ground Transportation. Southwest will offer vacation packages for more than 30 markets, including las vegas, orlando, and hawai.
Southwest is among the growing number of airlines that are learning into the lucrative vacation packages market. The carrier had previously advertised special offers for car Rentals, Hotels, and Cruises Instad of Directly Selling them to customers.
Listen to this podcast
🎧 subscribe
Apple podcasts , Spotify , YouTube , RSS
Next, Business Travelers are Increasing Frustration with How Booking Travel Has Gotten More Complicated, Including Having to Deal With Missing FARES and Missing Faras and Mismatched Pries, Reports ConstRARARTS COLARARARTS COLARATOR CHE.
Awuse Writes Content Fragmentation, Where Airlines Distribute Fares Multiple Systems That Agency and Travel Management Companies Must Stitch Togethr, Has Beekey a Major ISSUE In Corporate Travell. A Recent Sabre Survey Found Roughly 90% of Travel Agency
Andy Finkelstein, A Sabre Executive, Said If Content is Spread Across Multiple Systems, Travelers May Never Be Offered The Most Appropridate Itinerary.
Finally, editor-in-chiff sarah kopit explains bey the stakes are high for the travel industry at the federal reserve’s annual retreat in jackson hole, wyomeing.
Kopit Notes Markets Expect Us Fed Chair Jerome Powell to Hint at a September Interest-Rate Cut. Affluent households, alredy driving spending and benefiting from an elevated stock market, count be further encouraged by rate cuts to book more expensive trips.
Kopit adds that even a single Quarter-Point Cut Save Businesses Millions, Hotels, and Hospitality Providers relay on Debt Markets to Finance Planes, Properties, Properties, Properties, and New Businesses. AIRLINES WOLLD ALESO BENEFIT If Lower Interest Rates were to Stimulate More Business Investment and Consumer Spending.