Accenture's stock dropped nearly 20% after reporting Q3 revenues of $18.7 billion, up year-over-year but below expectations, with a 2% decline in new bookings. CEO Julie Sweet urged investors to focus on AI adoption as a long-term growth driver.
Accenture's stock dropped nearly 20% after reporting Q3 revenues of $18.7B, up year-over-year but below expectations, with a 2% decline in new bookings. CEO Julie Sweet urged investors to focus on AI adoption as a long-term growth driver.
Travelers are increasingly avoiding East and Central Africa due to Ebola concerns, leading to a 15-20% decline in new bookings and a rise in postponements. While Uganda shows high anxiety, other destinations like Kenya and Tanzania face moderate concern. Travel insurance inquiries have surged by 25-30%.
Protesters clashed with supporters of Pauline Hanson outside a One Nation fundraiser in Melbourne on Friday. One man was given a move on notice by police. The event was relocated due to safety concerns over planned counter-protests.
MEPs Rasmus Andresen and Lukas Mandl debate the politicization of the FIFA World Cup, with concerns over ticket prices, ownership, and the sport's social value clashing with FIFA's vision of unity and escapism.
The upcoming FIFA World Cup, co-hosted by Canada, Mexico, and the US, is facing unprecedented political controversies including high ticket prices, fan boycotts, and issues like racism and immigration. While FIFA president Gianni Infantino emphasizes football's role in uniting people and providing an escape from daily problems, MEPs like Rasmus Andresen advocate for stricter regulations to protect football as a public good, not just a profit-making business.
Fuller's CEO Simon Emeny anticipates a significant boost to summer trade from the World Cup's evening kick-off times, which he believes will not cannibalize normal trading hours. The pub and hotel chain is also benefiting from a rise in domestic tourism and strong advance bookings for the tournament.
South Korea will require hotels to refund deposits and pay 200% of the room rate as compensation for unilaterally cancelling reservations to resell them at higher prices. This measure, spurred by BTS concert booking issues, aims to curb price gouging.
Busan, South Korea is experiencing a significant surge in foreign tourist hotel bookings, with reservations rising sharply ahead of an upcoming K-pop concert by BTS. Industry sources report a dramatic increase in foreign guest percentages at major hotels, highlighting the event's expected positive impact on the regional economy.
Darwin's hospitality and tourism businesses are struggling with rising fuel costs, lower bookings, and permit delays. Flora's Temper restaurant closed after two years, while Spirit of Darwin cruises reduced operations. Businesses call for government support, including voucher schemes.
Orhan Sanjar, coordinator for Pegas Touristik in CIS countries, told Novosti that Turkish hotel bookings are currently 5% lower than last year. He hopes to close the gap in September and October, expecting 4 million Russian tourists in Antalya and 5 million total across Turkey.
EasyJet reported a 27% increase in losses to £377 million for the six months to March, citing the Iran war's impact on jet fuel costs and booking visibility. Revenue rose 12% as the airline hedged against fuel price rises.
Italian travel habits are shifting towards more frequent, shorter trips, with 39% increasing short stays and 22% booking last minute. 'Bleisure' is growing among young adults. Despite economic uncertainty, 80% plan to travel as much or more than pre-pandemic.
EasyJet reports lower summer holiday bookings than last year, citing consumer confidence hit by the Middle East conflict and a trend of passengers booking later. The airline also faced unexpected fuel costs but assures no supply disruptions or flight cancellations.
Despite widespread marketing, hotel bookings in US World Cup host cities (Kansas City, Houston, Miami, New York) are lower than expected, attributed to high ticket prices, political climate, and cost of living increases.
The European Commission proposes a unified ticketing system for cross-border train journeys, enhancing passenger rights and protections, aiming for implementation before 2029 despite opposition from railway operators.
India's outbound tourism to Europe and Australia may decline 10-15% this summer due to rising inflation and potential influence from the prime minister's advice, coinciding with peak travel season (April-June).
Uber Hong Kong has warned that a proposed cap of up to 15,000 ride-hailing permits could trigger a 70 per cent increase in fares and result in 40 per cent of peak-hour bookings being unsuccessful. In a paper submitted to the legislature ahead of a transport panel special meeting on Tuesday, the ride-hailing giant revealed it currently had more than 30,000 active drivers in the city. The proposed quota of 10,000 to 15,000 permits would slash their workforce by as much as 50 per cent. The platform...
Residents in southern Tenerife say it is “business as usual” despite concerns over a cruise ship linked to a hantavirus outbreak. Officials report no symptomatic cases on board, while tourism activity and bookings remain largely unaffected.
Public transport passengers in Victoria's north-west say a rise in "ghost bookings" has led to half-empty bus services during the state's free transport period.
The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size.
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
