If you have a business bank account in a foreign country, depending on the balance you may have to file Form 8938, Statement of Specified Foreign Financial Assets, with your federal tax return, Mark Pestronk writes. You may also have to file FinCEN Form 114 with the Treasury Department.
Specializing in a travel niche or selling three unique products are proven ways to enhance your business success. It's important that you complete educational offerings, thoroughly know what you are selling and build strong supplier relationships, according to agency owners Dina Dini and Abbey Mopsick.
The German city of Leipzig's rich history is seen in its architecture and cultural attractions. Travelers with a love of history can visit the Monument to the Battle of Nations, the 13th-century St. Thomas Church, and the Madler Passage to observe its old-time European structure.
The main focus of your selling strategy for prospects should be this: "Get your prospect talking," because they will talk themselves into booking with you, Mike Marchev writes. To get prospects to open up to you, allow them to drive the conversation and ask a lot of questions.
When your clients have concerns about traveling to Cancun or other Mexican destinations because of violence, calm their worries by having a truthful conversation with them, Greg Custer writes. Assure your clients that you would never put them in a dangerous situation and explain your positive experience with the country.
An all-day restaurant, a street-level cafe and a rooftop bar have been announced as features of the San Francisco Proper Hotel, due to open in late summer. The hotel is the first in a new luxury chain and joins an array of cuisine-focused high-end hotels arriving in the city.
AccorHotels is using acquisitions to solidify its position in the home-sharing market, merging Squarebreak and Travel Keys under its Onefinestay company. The combined companies will have about 10,000 rental properties.
Alaska Airlines is studying whether to continue to operate a mixed fleet or to return to its pre-merger practice of flying only Boeing planes. Alaska Airlines acquired Virgin America, which flies Airbus planes, late last year.
Independent hotels have become more popular with travelers, due to their ability to provide a customized experience. To increase their business, agents can discover what experiences clients are looking to have, such as a culinary one, then match them with an ideal hotel.
With their first step into the Waldorf Astoria Beverly Hills, guests know they are entering a world of grandeur, Julie Wolfson writes. A Rolls-Royce house car is available to take guests around the area and a personal concierge team is ready to serve guests 24/7.
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