Navan files for IPO with corporate travel firm riding deal market boom

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Navan, the business travel, payments, and expense management startup, filed on Friday afternoon to go public. Its S-1 filing with the Securities and Exchange Commission indicates that the company plans to list on the Nasdaq Global Select Market under the symbol “NAVN.” Navan reported trailing 12-month revenue of $613 million (up 32%) across over 10,000 […]


MGM Resorts CEO on Las Vegas slump and U.S. travel

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Las Vegas is launching a new campaign to boost tourism after a significant summer slump. The new campaign, “Welcome to Fabulous Las Vegas,” will focus on value for visitors and offer promotions and other incentives at the destination. The city has seen visitation decline for seven consecutive months, with the most recent report from July […]


Summer travel isn’t as easy as it used to be for airlines

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People move through a crowded JFK International Airport days before the 4th of July holiday on July 02, 2024 in New York City. As the summer travel season takes off, millions of Americans and tourists are experiencing long delays and congestion at airports, train stations and on highways. July is the busiest month of travel […]


International inbound travel to U.S. shows mixed recovery

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A passenger passes a giant American flag as they make their way to and from their gates during the Memorial Day weekend getaway at John Wayne Airport Orange County in John Wayne Airport, Santa Ana, CA on Thursday, May 26, 2022. Allen J. Schaben | Los Angeles Times | Getty Images Canadian travel dropped sharply […]


United Airlines warns profit still suffering from Newark chaos — but travel demand picking up

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United Airlines said Wednesday travel demand has picked up since the beginning of July, thanks to less geopolitical and macroeconomic uncertainty. The Chicago-based airline, however, expects its earnings to suffer in the current quarter due to operational constraints at Newark airport near New York City — one of its largest hubs and among the busiest in the country. […]


Canadians pull back on U.S. trips, threatening to widen travel deficit

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Canadians hold an “Elbows Up” protest against U.S. tariffs and other policies by U.S. President Donald Trump, at Nathan Phillips Square in Toronto, Ontario, Canada March 22, 2025. Carlos Osorio | Reuters Canadians are skipping trips to the U.S. and visitors from other countries could soon follow threatening to deepen the United States’ $50 billion […]


Airline CEOs warn domestic travel demand is slowing

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A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference, […]


What a government shutdown could mean for air travel

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A lone traveler makes his way past a nearly deserted TSA security screening area at Orlando International Airport ahead of the arrival of Hurricane Milton, on October 9, 2024 in Orlando, Florida.  Paul Hennessy | Anadolu | Getty Images A government shutdown is looming just as the peak holiday travel season gets underway. Lawmakers have […]