Package tours are simply a way to buy the airfare, accommodations, and other elements of a trip (such as car rentals, airport transfers, and sometimes even activities) at the same time and often at discounted prices.
One good source of package deals is the airlines themselves. Most major airlines offer air/land packages, including American Airlines Vacations [...]

Economic outlook, 79% of business travelers are feeling pressure from their employers to cut travel expenses, according to a new survey.
sponsored by Orbitz for Business, a unit of online travel company Orbitz Worldwide Inc. (OWW), and Business Traveler magazine - one-third of respondents said their main concern is cutting the cost of air travel. That’s [...]

Most online travel stocks declined Monday, with Orbitz Worldwide Inc. falling as a Citi Investment Research analyst started covering the stock with a “Hold” rating, citing strong competition.
In a client note, he wrote factors such as its valuation and general growth in the online travel space make Orbitz shares “potentially compelling” over time. Still, “substantial [...]