May 25- Takata Corp hired investment bank Lazard Ltd to lead efforts to help resolve financial issues stemming from its record-setting recall of tens of millions of faulty airbags, sources said Wednesday. Takata's board of directors in February named an outside steering committee to develop a comprehensive restructuring plan to address the financial and... » Read More
Some consumers have said enough is enough to repeated fare hikes and are changing their plans.
Once again, Americans are being warned about travel abroad, but conditions in the U.S. may warrant concern as well.
The International Energy Agency (IEA) Governing Board, warned on Thursday that rising oil prices are still affecting the global economic recovery, despite recent drops in the price, and urged oil producing countries to take action to lower the price of oil.
March figures show that gaming revenue on the Las Vegas Strip rose 13 percent from a year ago. Now the city that brought you "What Happens in Vegas, Stays in Vegas" is launching a new campaign: "Life is Short, Summer is Shorter."
Travelers will book one-third of their travel plans online by the end of next year. But online travel pioneer Orbitz expects to see competitors as some airlines try to cut out the online middleman.
Ecotravel has gone from luxury to the low end, and everywhere in between.
The American economy has lost out on a half trillion dollars in travel and tourism after the terror attacks on Sept. 11, 2001, led to tighter visa requirements for many foreigners.
The lack of a free market for U.S. airports has many industry analysts calling for a dramatic change—deregulation. But one recent attempt for privatization failed, leaving the concept up in the air.
It's the best time in years to sell your car. People are holding on to cars and trucks for about a year longer than they did before the recession, which has created a tight supply of used vehicles. So few are on the market that prices have risen to their highest in at least 16 years.
China’s high-speed railway system, the largest-ever transportation infrastructure project in history, is presenting opportunities for global investors, says Jerry Lou, China Strategist at Morgan Stanley.
With gasoline prices over $4 dollars a gallon in many states and pushing $5 in a few others, auto travel is much more expensive than a year ago.
The summer season is almost here and the Air Transport Association of America (ATA), estimates that an average 2.4 million people will fly every day this summer. Could investors benefit from an increase in travel demand?
The global travel industry is coming off of one of its worst downturns in history. Now, from corporate road warriors to families in minivans, people are on the move again. Check out our special report on the travel business.
With literally billions of miles chasing a scarcity of cheap seats, complaints are rampant. Ever-changing fees, blackout dates and other restrictions are adding to the discontent.
After putting the kibosh on travel spending during much of the economic recession, Corporate America is back out on the road, but look for the best growth rates in emerging-market regions.
Not only are hordes of internatonal tourists visiting the big name cities, a new generation of domestic travelers are discovering China's second- and third-tier cities.
Like other parts of the travel industry, eco-tourism was hammered by the global recession but is on the comeback trail, as operators expand beyond its traditional high-end core.
High energy prices, expensive air fares, natural disasters, security concerns, high unemployment and a weak dollar may all keep Americans at home. The question is whether it literally means their own home.
Whether you’re a leisure traveler or a corporate road warrior, you’ll find a wealth of mobile apps to help make your journeys more productive and enjoyable. The problem? There are about 350,000,
Everyone seems to be traveling these days and companies and consumers alike are using the Internet and social media more than ever.