In today’s episode, we dive into Southwest Airlines' latest announcement from their Investor Day: the “Southwest. Even Better.” transformational plan. Southwest is reimagining its core product to meet evolving customer preferences while boosting revenue and profitability. Key initiatives include new commercial upgrades, enhanced customer experience offerings, and preserving popular perks like free checked bags. With a target of $4 billion in incremental earnings by 2027 and a $2.5 billion share repurchase program, Southwest is positioning itself for a bright future in the airline industry. Tune in for all the details!

Looking to save on flights or hotel in 2024? I'm Emma with this week's travel report, and we have the highlights of how you can save big. In recent months, we’ve begun to notice a welcome trend for travelers: flight prices are finally starting to come down. After a period of steep increases, airlines are adjusting strategies, offering more competitive pricing that can benefit savvy travelers.

One of the most effective ways to capitalize on this trend is by booking your flights at the right time. Data shows that booking a flight one to three months in advance for domestic travel, and two to eight months prior for international trips, tends to yield the best deals. Also, if your schedule allows, flying mid-week can often save you a significant amount over weekend flights, which are typically more expensive.

Another tip is to keep an eye on emerging airlines or those expanding their routes. These carriers often promote introductory fares that are much lower than the competition to attract customers and build loyalty. So, signing up for newsletters and following airlines on social media can keep you in the loop for these deals.

Additionally, consider alternative airports. If you’re flying to a major city served by multiple airports, prices can vary dramatically. Smaller or less busy airports might offer lower ticket prices and cheaper parking rates.

Lastly, it’s become increasingly beneficial to revisit flights after booking. Some airlines have dropped their change fees, allowing passengers to rebook their tickets without a penalty if they find a lower rate later. Always check the fine print, but this flexibility can lead to extra savings if you notice a price drop after you’ve booked your flight.

As we continue through 2024, keep these strategies in mind. The landscape of air travel is always shifting, but for now, it seems like a great time to score some deals and satisfy your wanderlust without breaking the bank.

Here's a quick update of what is happening in the world of hospitality: Marriott Hotels, a cornerstone of Marriott Bonvoy’s extensive portfolio, has raised the bar for hospitality once again with the introduction of its first all-inclusive resort, Marriott Cancun. This addition signifies Marriott's adaptation to growing trends in multigenerational and inclusive travel. Set against the vibrant backdrop of Cancun's Golden Zone, the resort offers an array of amenities, from 450 luxuriously appointed guest rooms to a vast selection of dining options with 13 unique culinary experiences. Recognizing the importance of diverse guest experiences, Marriott Cancun provides a range of activities and spaces suited for all ages, including a sprawling water park and a state-of-the-art fitness center, ensuring that every guest finds something to enrich their stay. With nearly 24,813 square feet of renovated event space, the resort also sets itself up as an ideal location for events and meetings. To celebrate its grand opening, Marriott Cancun is offering an enticing 20% discount on bookings, along with additional perks, allowing guests to immerse themselves in exceptional hospitality and the enriching culture of Cancun.

In a vibrant burst of summer activities, SAHARA Las Vegas announces an exciting lineup of events and promotions for August 2024. The season kicks off with a high-energy Swim Week party at AZILO Ultra Pool on August 15, featuring a live fashion show and performance by the Black Tape Project. The festivities continue with the Mala Vida Summer Fest on August 16, promising an electrifying concert experience. National Rum Day on the same day offers a tempting 50% off all rums at The Tangier. For sports enthusiasts, Chickie’s & Pete’s will host a viewing party for UFC 305 on August 17. Throughout the summer, the CASBAR Lounge and AZILO Ultra Pool will offer a mix of live music and DJ sets, ensuring there's never a dull moment. SAHARA Las Vegas, renowned for its luxurious accommodations and vibrant entertainment scene, promises an August filled with unforgettable experiences.

The travel industry has soared in the years following the COVID-19 pandemic, buoyed by pent-up demand and, crucially, surplus income that fueled an uptick in travel. However, a recent dramatic downturn in the stock market—highlighted by a more than 1,000-point fall in the Dow—signals a challenging period ahead for the sector. While a single day's market performance doesn't dictate the future, it serves as a cautionary tale for those within the industry. Notable declines included Marriott down by 1.09%, Hyatt by 1.9%, United Airlines by 5.75%, and Southwest by 5.39%.
This market tremor suggests a shift as consumers, from budget seekers to luxury aficionados, search for better deals and added value. Bob Jordan, CEO of Southwest Airlines, reflects on the industry's adjustments: "Our overall results are not where we need them to be." With the airline strategically reducing flights and seating to match the decreased demand, the entire travel industry must pivot towards innovative promotions to attract an increasingly cautious consumer base. As the landscape shifts, adaptability and smart pricing strategies will be essential for navigating the uncertainties ahead.

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Welcome to Travel Today - your weekly podcast of travel news. I'm your host Emma. This week in travel news, we're seeing continued growth in the industry, with over 19.2 million people passing through TSA checkpoints last week—a 5.2% increase from the previous year. This uptick indicates a sustained interest in travel as the industry rebounds from previous slowdowns.

In airline news, Aeroplan, Canada's premier travel rewards program, marks its 40th anniversary with enhanced offerings for American members. These improvements include increased flight options and benefits, such as the ability to redeem points across over 45 partner airlines to more than 1,300 destinations worldwide. Notably, there are no blackout dates on Air Canada flights, and members can enjoy added perks like access to U.S. Maple Leaf Lounges and smoother connections at major Canadian airports with U.S. customs pre-clearance. To celebrate this milestone, Chase is offering a special bonus of 70,000 points for new expenditures.

BermudAir has introduced a new fare structure, now offering five different fare options in both economy and business classes. This change aims to cater to a broader range of traveler needs, from budget-conscious to those seeking premium services like lounge access and priority boarding. The revamped fare options promise to enhance flexibility and choice for all types of travelers.

In hotel news, Hilton is expanding its luxury hotel segment through a strategic partnership with Small Luxury Hotels of the World (SLH), incorporating nearly 400 unique boutique properties into its global portfolio. This initiative allows travelers to book these distinctive properties directly through Hilton’s channels, and Hilton Honors members can now earn and redeem points, receive room upgrades, and enjoy benefits like continental breakfasts. This move reflects Hilton’s commitment to offering diverse and upscale travel experiences.

Meanwhile, Windstar Cruises has launched a "Christmas in July" sales event, which runs from July 17-31. This promotion offers significant savings on European cruises through March 2025. Guests can enjoy complimentary upgrades to All-Inclusive fares, which include onboard Wi-Fi, all gratuities, unlimited drinks, and up to $500 per person in shore excursion credits. Additionally, there are extra discounts for Yacht Club Members and reduced deposits. This promotion provides an excellent opportunity for travelers to plan their holiday voyages with added value.

These are just a few highlights from this week's travel landscape, showcasing how the industry continues to innovate and adapt, offering new and exciting opportunities for travelers around the globe.

Welcome to Travel Today - a weekly travel podcast about travel news and deals!

First up, hitting the roads for the 4th of July? You're not alone. A record-breaking 70 million people are expected to travel this week, according to AAA. That’s huge!

In the skies, TSA reports a 17% increase from last year, with 18.3 million Americans traveling through airports last week.

Next - American Airlines has announced its largest award fare sale yet, while Cathay Pacific prepares to make JFK's new Terminal 6 its home starting 2026. This is part of a $19 billion redevelopment project aimed at transforming JFK into a state-of-the-art facility.

Switching gears to marketing news, travel brands are expanding to capture more business. Six Flags unveils Fright Fest Extreme, a new terrifying Halloween event. Also, ‘BEETLEJUICE BEETLEJUICE: The Afterlife Experience’ is set to provide a unique immersive event in Los Angeles.

In cruise news, Royal Caribbean Group has introduced an industry-first Loyalty Status Match program. Disney Cruise Line introduces new dining experiences aboard the Disney Treasure. Sea Cloud Cruises, in partnership with Steinway & Sons, will offer a unique musical voyage.

Lastly, staying in style: New hotels like Hyatt Regency Maui and Virgin Hotels New Orleans are offering enticing summer packages. Andermatt, Switzerland, celebrates the 60th anniversary of James Bond's 'Goldfinger' with special events.

That wraps up today’s travel trends. Thanks for tuning in, and we'll see you next Tuesday for more updates from the world of travel!