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Stay informed with the latest Travel news in our newsroom. From hospitality trends and tourism developments to airline updates and destination insights, we provide key insights to keep you connected to the industry shaping how we explore the world.


Latest Press Releases

Diving Tourism Market Insights - Growth & Forecast 2025-2035 | Future Market Insights, Inc.
TravelCompany Update

Diving Tourism Market Insights - Growth & Forecast 2025-2035 | Future Market Insights, Inc.

February 18, 2025 7:00 PM

The global diving tourism market is poised for substantial growth, with projections estimating its value will climb from USD 9.6 billion in 2024 to approximately USD 11.2 billion in 2025, and continue expanding to USD 18.5 billion by 2035. This growth represents a compound annual growth rate (CAGR) of 5.2% between 2025 and 2035, fueled by a rising demand for adventure tourism and eco-conscious travel experiences. Increasing number of people...

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The Parking Spot Becomes First Major Parking Company to Launch Employee Ownership Program
TravelCompany Update

The Parking Spot Becomes First Major Parking Company to Launch Employee Ownership Program

February 18, 2025 7:00 AM

The Parking Spot, a leading near-airport parking company, today announced the launch of an employee ownership program, providing all team members, from shuttle drivers to corporate leadership, with a financial stake in the company's long-term growth and success. This initiative, supported by KKR, a leading global investment firm, is part of KKR's global effort to expand employee ownership and shared prosperity across its portfolio companies. The...

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Yum! Named One of TIME’s Best Companies for Future Leaders - Two Years Running!
TravelEnvironmental, Social and Governance

Yum! Named One of TIME’s Best Companies for Future Leaders - Two Years Running!

February 17, 2025 3:15 PM

Yum! Brands We're proud that TIME has named Yum! one the Best Companies for Future Leaders for the second consecutive year! This recognition highlights our ongoing commitment to developing tomorrow's talent and empowering our employees to reach their full potential. Check out the full list here: https://time.com/collection/best-companies-for-future-leaders-2025/ View additional multimedia and more ESG storytelling from Yum! Brands on...

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Global Destination Wedding Market Set to Reach USD 68.2 Billion by 2035, Driven by Unique Experiences and Exotic Locations | FMI
TravelCompany Update

Global Destination Wedding Market Set to Reach USD 68.2 Billion by 2035, Driven by Unique Experiences and Exotic Locations | FMI

February 17, 2025 8:30 AM

The global destination wedding market, valued at USD 34.2 billion in 2024, is projected to grow at a remarkable rate, reaching USD 36.8 billion in 2025 and USD 68.2 billion by 2035. This growth reflects a compound annual growth rate (CAGR) of 6.4% from 2025 to 2035, fueled by a growing preference for customized, intimate wedding experiences at scenic and culturally rich locations across the world. Germany is one of the most lucrative wedding...

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LA Galaxy Players Edwin Cerrillo and Mauricio Cuevas Empower Coachella Valley Migrant Students
TravelEnvironmental, Social and Governance

LA Galaxy Players Edwin Cerrillo and Mauricio Cuevas Empower Coachella Valley Migrant Students

February 14, 2025 2:10 PM

With the AEG's Coachella Valley Invitational underway, LA Galaxy players Edwin Cerrillo and Mauricio Cuevas took a break from pre-season matches on February 10, 2025, to meet with migrant students at Palm View Elementary School in Coachella, CA, as part of the school's Migrant Education program. Hosted by the LA Galaxy Foundation, the event provided students with a unique day of mentorship and soccer skill-building. During the event, Cerrillo...

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Golf Tourism Market Poised to Reach USD 65.8 Billion by 2035, Driven by 9.3% CAGR | Future Market Insights Inc.
TravelCompany Update

Golf Tourism Market Poised to Reach USD 65.8 Billion by 2035, Driven by 9.3% CAGR | Future Market Insights Inc.

February 13, 2025 5:30 AM

The global golf tourism industry is projected to grow significantly, reaching approximately USD 27.0 billion in 2025 and expanding to around USD 65.8 billion by 2035, with a robust CAGR of 9.3% during the forecast period. Golf tourism has emerged as a vital segment within the global travel and tourism industry, driven by the sport's increasing popularity among recreational and professional players. Travelers are increasingly seeking destinations...

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Crypto.com Arena, Peacock Theater and AEG Offices at L.A. LIVE Achieve Prestigious WELL Health-Safety Rating
TravelEnvironmental, Social and Governance

Crypto.com Arena, Peacock Theater and AEG Offices at L.A. LIVE Achieve Prestigious WELL Health-Safety Rating

February 12, 2025 9:15 AM

AEG, the owner and operator of L.A. LIVE, and the International WELL Building Institute (IWBI), the global authority for advancing health in buildings, organizations and communities, announced today that Crypto.com Arena, home to Los Angeles Lakers, Los Angeles Kings, and Los Angeles Sparks, the Peacock Theater and the AEG offices at L.A. LIVE earned major WELL achievements. "Being awarded the WELL Health-Safety Rating for a second consecutive...

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Nth Degree Experts to Share Event Innovations at Rainfocus INSIGHT and EXHIBITORLIVE
TravelCompany Update

Nth Degree Experts to Share Event Innovations at Rainfocus INSIGHT and EXHIBITORLIVE

February 12, 2025 9:00 AM

Nth Degree Events, the leading event management and experiential marketing division of Nth Degree, announced today that several of its experts will take the stage at major industry conferences, including Rainfocus INSIGHT and EXHIBITORLIVE. These sessions will provide attendees with innovative strategies, best practices, and real-world applications to enhance event success across a range of event types from user conferences to experiential...

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G6 Hospitality Invests $10 Million to Grow Motel 6 Website & My6 App
TravelCompany Update

G6 Hospitality Invests $10 Million to Grow Motel 6 Website & My6 App

February 10, 2025 11:15 AM

G6 Hospitality that operates Motel 6 & Studio 6 brands announced a strategic $10 million investment in marketing, leaving the lights on for its guests and to accelerate new customers adoption and to enhance brand engagement. The company will use this investment to grow its website & My6 app. The company also aims to increase app installs by 4X before the summer season kicks in. G6 will also use advanced digital targeting strategies, focusing on...

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Borussia Dortmund Reports Preliminary Figures for the First Half (H1) of the 2024/2025 Financial Year
TravelEarnings

Borussia Dortmund Reports Preliminary Figures for the First Half (H1) of the 2024/2025 Financial Year

February 10, 2025 7:25 AM

In the first half of the 2024/2025 financial year (1 July 2024 - 31 December 2024), Borussia Dortmund generated consolidated earnings before taxes (EBT) of EUR 8.8 million (first half of the previous year: EUR 77.6 million). The EUR 68.8 million decline was due primarily to a reduction in net transfer income, which was down EUR 60.2 million on the figure in the first half of the previous year. In addition, the longer league phase of the UEFA...

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Global Camping and Caravanning Market Set to Reach USD 64.8 Billion by 2035, Fueled by Sustainability and Innovation | Future Market Insights Inc.
TravelCompany Update

Global Camping and Caravanning Market Set to Reach USD 64.8 Billion by 2035, Fueled by Sustainability and Innovation | Future Market Insights Inc.

February 10, 2025 5:04 AM

The global camping and caravanning market will experience significant growth in the near future. In fact, by 2025, the market size is likely to reach approximately USD 38.9 billion, and expand further to reach USD 64.8 billion by 2035, registering a healthy CAGR of 5.2% from 2025 to 2035. Camping and caravanning is the most fundamental type of outdoor recreation, and their popularity has gone up lately. The interest has been triggered due to a...

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The Palace Company Appoints Gibrán Chapur as New CEO Amid Global Expansion
TravelCompany Update

The Palace Company Appoints Gibrán Chapur as New CEO Amid Global Expansion

February 6, 2025 10:00 AM

The Palace Company, a leader in the luxury hospitality and vacation industry, is pleased to announce a significant change in its leadership structure as part of its ongoing global expansion strategy. Key Highlights: New CEO Appointment: Gibrán Chapur has been unanimously appointed as the new Chief Executive Officer (CEO) of The Palace Company by the Board of Directors. Effective Date: The appointment will take effect on April 1, 2025. Global...

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LA Kings Help Support Youth Experiencing Homelessness in Los Angeles
TravelEnvironmental, Social and Governance

LA Kings Help Support Youth Experiencing Homelessness in Los Angeles

February 6, 2025 9:20 AM

AEG: In remembrance of Christiana Duarte, a former employee of AEG's LA Kings who was tragically killed while attending the 2017 Harvest Music Festival in Las Vegas, the LA Kings have partnered with Covenant House California to distribute handmade blankets to youth experiencing homelessness in Los Angeles, CA. Rooted in the spirit of kindness and generosity, LA Kings staff distributed more than 100 handmade blankets to youth on Jan. 30. The...

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OYO Introduces Industry-first Pay at Hotel Feature Across US Properties
TravelCompany Update

OYO Introduces Industry-first Pay at Hotel Feature Across US Properties

February 5, 2025 11:00 AM

Global hospitality technology company OYO today announced the launch of its innovative Pay at Hotel feature across all US properties, becoming the first major hotel chain to offer guests the flexibility to pay directly at the property. This launch marks a significant step in OYO's commitment to making travel more accessible and convenient for its growing US customer base. The new payment option allows guests to secure their bookings without...

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Journey Through the 163-Year Legacy of Family-Owned Bacardi
TravelEnvironmental, Social and Governance

Journey Through the 163-Year Legacy of Family-Owned Bacardi

February 4, 2025 8:35 AM

The story of Bacardi began on February 4, 1862, when Don Facundo Bacardí Massó opened a small tin-roofed distillery on the outskirts of Santiago de Cuba. He had long envisioned creating a smooth, light-bodied rum for all Cubans to enjoy. After close to a decade of experimentation and pioneering the rum-making process, his dream became a reality when he introduced a clear-bodied rum the likes of which the world had never seen before: BACARDÍ®...

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PATRÓN(R) Tequila Takes Industry-Leading Approach to Support Safer and More Sustainable Agave Farming
TravelEnvironmental, Social and Governance

PATRÓN(R) Tequila Takes Industry-Leading Approach to Support Safer and More Sustainable Agave Farming

February 3, 2025 1:30 PM

PATRÓN® Tequila is leading the way as the first tequila brand to work with its agave farmers to help them achieve certification for agave farming from GLOBALG.A.P. This industry-leading work sees PATRÓN supporting its agave farmers to ensure they meet rigorous international GLOBALG.A.P. Crops for Processing (CfP) standards. To date, 91% of the agave farmers supplying PATRÓN Tequila have received their GLOBALG.A.P CfP certification. This...

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VIP Santorini: No Scientific Basis for Eruption or Major Earthquake Predictions
TravelEnvironmental, Social and Governance

VIP Santorini: No Scientific Basis for Eruption or Major Earthquake Predictions

February 2, 2025 8:00 AM

VIP Santorini addresses recent speculation regarding seismic activity on the island, emphasizing that there is no scientific evidence supporting claims of an imminent volcanic eruption or major earthquake. Recent tremors, ranging between 2.0 and 4.0 on the Richter scale, are within normal geological patterns. Seismologists and volcanologists closely monitor the area, and no alerts have been issued. Despite this, unverified speculation has fueled...

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Roadtrippers Expands Its Extraordinary Places Map With 58 Must-See Destinations for 2025
TravelProduct Announcements

Roadtrippers Expands Its Extraordinary Places Map With 58 Must-See Destinations for 2025

January 31, 2025 1:45 PM

Roadtrippers, the #1 trip planning app, is expanding its map with 58 brand-new Extraordinary Places for 2025 - each one a must-see stop that transforms an ordinary road trip into an unforgettable adventure. Handpicked and voted on by Roadtrippers users and team experts, these detour-worthy destinations exemplify the iconic, the quirky, and the unforgettable. With these additions, Roadtrippers strengthens its mission to turn road trips into...

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Velas Resorts in Mexico Announces Romance Offerings for Valentine's Day & Beyond
TravelCompany Update

Velas Resorts in Mexico Announces Romance Offerings for Valentine's Day & Beyond

January 30, 2025 4:45 PM

This Valentine's Day, Velas Resorts in Mexico invites couples to celebrate their love with several new and thoughtfully curated experiences across their award-winning luxury resorts in Riviera Maya, Los Cabos, and Puerto Vallarta. From shaman-guided rituals and helicopter rides over the ocean to transformative cacao spa treatments and playful mock weddings, Velas Resorts promises a Valentine's Day that is as unique as each love story with the...

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UNCHARTED Announces the Global Safari Awards Recognizing 25 of the World’s Best in Luxury Adventure Travel
TravelAwards

UNCHARTED Announces the Global Safari Awards Recognizing 25 of the World’s Best in Luxury Adventure Travel

January 30, 2025 2:00 PM

UNCHARTED®, the Global Safari Brand, has announced the first-ever Global Safari Awards™. With over three decades of expertise in Africa and other world-class wild destinations, UNCHARTED is recognizing 25 UNCHARTED Outposts® that define the modern safari lifestyle in luxury adventure travel. Winners include the ultimate in high-end safari camps, nature-based lodges, remote ranches, and small ships. "For over 30 years, we've been exploring and...

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