Tourists tackle geopolitical risks, currency moves and extreme heat

Geopolitics, currency moves and extreme weather are increasingly playing into tourists’ considerations for their next vacation and affecting classic holiday destinations. Staple European spots France, Spain and Croatia, for example, have been facing record-breaking heat in recent weeks, which triggered wildfires in some locations. Conflict in the Middle East has meanwhile meant that tourists in…

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Coolcations are booming as tourists prioritize quieter, off-peak trips

Tourists are booking cooler, quieter and less crowded vacations this year, pivoting away from Europe’s traditional summer hotspots amid growing concerns over blistering heat and raging wildfires. The trend reaffirms the phenomenon of so-called “coolcations” — a portmanteau of “cool” and “vacation,” which refers to tourists seeking cooler climes instead of a hot, peak-summer destination….

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Airbnb will allow US users book stays without paying upfront

AirbNB has launched a new feature called “Reserve Now, Pay Letter”, which allows users to reserve an assets in the US, possibly allowing people to cancel their booking with less trouble if their plans change. This feature applies to assets that have a “flexible” or “medium” cancellation policy. Flexible policies cancels their reservation until 24…

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