Perk Is in No Rush to IPO as Revenue Nears $400 Million
Perk, a travel management platform, says it has no immediate plans for an IPO despite approaching $400 million in revenue and maintaining roughly 50% annual growth without cash burn.
UAE’s Hotel Divide: Abu Dhabi Holds Up While Dubai Sinks
UAE hotel occupancy fell sharply in the first half of 2026 due to regional disruptions, but Abu Dhabi’s event-driven tourism cushioned the blow while Dubai suffered steeper declines.
Spain’s Eclipse: A Three-Year Tourism Strategy Built Around Two Minutes of Darkness
Spain is preparing for a total solar eclipse on August 12 and views it as an opportunity to redirect tourism toward inland regions and reduce strain on overcrowded coastal areas.
Air Canada Heads Into Winter Between CEOs and With Plenty To Prove
Air Canada reports second-quarter results with CEO Michael Rousseau departing August 31, leaving the airline without permanent leadership entering the winter season amid expected profit decline.
While Rivals Cut Fees, IHG Takes a Different Route on Owner Economics
IHG is pursuing a different strategy than competitors by redesigning its franchisee service package rather than cutting fees during this earnings season.
Canadian Travel to the U.S. Ticks Up Again — But Still Far from a Full Recovery
Canadian travel to the U.S. grew 10.2% year-over-year in July, marking the fourth consecutive month of increases, though volumes remain significantly below 2024 levels.