Business travel
Sonder announces bankruptcy plans; tells guests to vacate hotel rooms: ‘People were scrambling’
Short-term rentals company Sonder on Monday said it plans to file for bankruptcy, a day after Marriott International said a licensing agreement between the two companies had ended. The deal, signed in August 2024, allowed Sonder hotels to be booked via Marriott’s Bonvoy website and was widely considered a lifeline for the San Francisco-based company, […]
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Navan IPO lands rare one-person venture capital firm its biggest win ever, a $1 billion payday
It wasn’t a traditional pitch meeting. There were no slides, no product demo. There wasn’t even a clear explanation of what the founders were trying to build. But for investor Oren Zeev’s decision-making process, none of that was necessary. “I just liked them, I just wanted to be close to them,” said Zeev. “So I […]
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Singapore’s F1 race boosts tourism to the island — and other parts of Asia-Pacific
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by […]
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The U.S. is losing travelers. Here are the countries that stand to benefit
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in […]
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Leisure travel to the U.S. is down, but business bookings are up
Leisure travel to the United States is down this year, but business travel to the country remains stable, according to a report from SAP Concur. The United States was the top destination for global business travelers in the first half of 2025, according to the report. Some 15% of all business air travel bookings were […]
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He quit a job in engineering to travel and work on yachts. Here’s how much he earns now
Hugo Ortega, an American, had a well-paying job as an engineer and a long-term girlfriend. But he wasn’t happy, he said. “I didn’t like the job that I had. I didn’t like the degree that I had just finished doing,” he said. “I was starting to feel kind of weighed down by a lot of […]
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Airline bookings haven’t moved with the times. That’s about to change
In June, my children and I flew from Singapore to Texas to visit family. Several weeks later, we met up with my husband in New York City. Then I flew, solo, back to Asia, later followed by my husband. Eventually the kids returned with a set of grandparents in tow. All in, our summer trip […]
Read MoreFewer people are drinking — and that’s changing how they travel
Peter Shankman, an American, said he looked forward to free drinks when he flew business class for work. The entrepreneur would have a drink, then a few more, sleep, then land. All was well, he said. Until it wasn’t. “Eventually, I realized that I wasn’t fine,” he said. “I was tired, cranky … [it] wasn’t […]
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A program that saves time in U.S. airport security lines opens to some international travelers
A program that lets Americans save time in airport security lines is opening to foreign travelers from four countries. Clear, a NYSE-listed identity company, announced Friday that travelers from the United Kingdom, Canada, Australia and New Zealand can apply for Clear+ memberships. More countries will likely be announced later this year, the company said. Clear+ […]
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