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U.S. Tightens Visas, Oyo Enters Australia and Europe Flies Bigger and Farther
Description
The U.S. will launch a 12-month pilot program on August 20 requiring some travelers from countries with high visa overstay rates to post bonds of up to $15,000, as part of efforts to strengthen visa compliance. Indian travel company Oyo has acquired Australian short-term rental platform MadeComfy for over $50 million, marking its entry into the Australia and New Zealand markets. Meanwhile, European flights are becoming longer and aircraft larger, reflecting a shift away from regional routes toward more efficient, high-capacity operations.
- New Travel Sticker Shock: Some U.S. Visitors to Face $15,000 Visa Bond
- Longer Flights, Bigger Planes: Europe’s New ‘Average Flight’ Revealed
- Oyo Buys Airbnb Management Platform MadeComfy for Over $50 Million
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