article thumbnail

Portugal launches MICE incentives to promote inland corporate travel

Travel Daily Media

The programme, in line with the country’s Tourism Strategy 2027 for sustainable tourism, was approved by Ana Mendes Godinho, secretariat of state for Tourism Portugal.

article thumbnail

OTA Platform: How to Choose a White-Label Solution, and When to Go Custom

AltexSoft Travel

The Online Travel Agent Global Marker Report projects an over 22 percent increase at a compound annual growth rate (CAGR) of 5.2 percent from 2023 to 2027. The entire online travel, including direct channels, is expected to have a CAGR of 11.8 Source: Phocuswright. percent through 2030, as another study specifies.

article thumbnail

Buy Now Pay Later for a Travel Business: How BNPL Works and Ways to Implement It

AltexSoft Travel

By 2027, this number is expected to reach 900 million. This lender currently works with 200+ diverse travel partners including Kayak, United Airlines, Southwest Airlines, and Royal Caribbean. The 2022 Juniper Research’s BNPL study calculated that there are currently around 360 million users of the “Buy now pay later” programs.

Travel 52