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Robert Cole @ Skift 1 place · 12/24/2024 11:47 EDT

Posadas, Mexico’s Largest Hotel Group, Eyes Jamaica and Aruba

In hotels, as in banking, the real money is in being a capital-light intermediary rather than actually owning things. No wonder Posadas is pursuing its international expansion with an asset-light strategy. -Robert Cole Read more ›

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Skift
Rafat Ali @ Skift 2 place · 12/24/2024 08:56 EDT

Listings Were Never the Answer

We may be at an inflection point where the very nature of how we discover and book travel is being fundamentally reimagined and listings is increasingly not the best answer. -Rafat Ali Read more ›

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Skift
Meghna Maharishi @ Skift 1 place · 12/24/2024 07:52 EDT

American Airlines Pauses All Flights Due to Technical Issue

American is stopping all its flights amid a busy holiday travel season, one where the industry is expecting to fly as many as 54 million passengers. -Meghna Maharishi Read more ›

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Skift
Rashaad Jorden @ Skift · 12/24/2024 07:29 EDT

Hyatt’s Resort Target, Despegar’s Acquisition and Hotels vs. OTAs

In major hospitality news, Hyatt is in talks to acquire Playa Hotels & Resorts, Despegar has agreed to a $1.7 billion buyout by Prosus, and a Skift Research report suggests hotel websites could surpass OTAs by 2030 – or maybe not. -Rashaad Jorden Read more ›

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Skift
John Strickland @ Skift 3 place · 12/24/2024 05:05 EDT

Ryanair, EasyJet, and Wizz Air: Which Carrier is Ending 2024 on Top?

It's tempting to group Europe's low-cost airlines together, but 2024 highlighted major differences in performance, problems, and profitability. -John Strickland Read more ›

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Skift
Bulbul Dhawan @ Skift 2 place · 12/23/2024 23:00 EDT

Goa Strengthens Bid to Attract Digital Nomads — India Report

Goa’s tourism game is all about inclusivity. From digital nomads chasing WiFi to leisure travelers seeking sandy retreats, the state’s strategy has something for everyone. -Bulbul Dhawan Read more ›

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Skift
Brian Quinn @ Skift · 12/23/2024 10:21 EDT

Skift Forums: A Look Back at Some of Our Favorite Stage Discussions of 2024

From the residual uncertainty at the start of 2024, to a more resolute conviction and deeper sense of travel’s future at the end of the year, Skift’s Forums and Summits this year dove into a wealth of topics that inspired and catalyzed the industry around the ideas that matter. Here are just a few of our favorites. -Brian Quinn Read more ›

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Skift
Dennis Schaal @ Skift · 12/23/2024 08:00 EDT

Hotel Versus OTA Direct-Booking Tussle Will Shape Distribution for Years to Come

Will hotel websites become the dominant distribution channel for hotels by 2030, leaving online travel agencies behind? It could certainly happen. However, there are reasons that scenario might not take place. Let's discuss this again in five years. -Dennis Schaal Read more ›

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Skift
Peden Doma Bhutia @ Skift · 12/23/2024 07:50 EDT

Capital A Seeks to Clear Distressed Status With $1.3B Capital Cut

Capital A is shifting its focus beyond aviation, aiming to build a stronger, more diverse revenue stream. This would also help the company rely less on the volatile aviation sector. -Peden Doma Bhutia Read more ›

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Skift
Dennis Schaal @ Skift · 12/23/2024 07:33 EDT

Despegar to Be Acquired by Prosus for $1.7 Billion

Years ago, it appeared as though Expedia Group would be a likely buyer of Despegar since Expedia had taken a significant minority stake in the company. But Expedia backed away, and now Prosus is claiming the prize. -Dennis Schaal Read more ›

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Skift
Sean O'Neill @ Skift · 12/23/2024 07:08 EDT

Hyatt in Talks to Buy Playa Hotels in All-Inclusive Resort Push

Ever since Hyatt acquired Apple Leisure Group for $2.7 billion in 2021, it has been expanding its presence in the all-inclusive resort segment, which has gone upscale in recent years. -Sean O'Neill Read more ›

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Skift
Sarah Kopit @ Skift 1 place · 12/22/2024 09:00 EDT

How Two Little Letters Made Anguilla into a Hidden Caribbean Goldmine

Anguilla is a small island with a big secret. It owns one of the most lucrative pieces of digital real estate in the world: the .ai domain. Now that ChatGPT brought artificial intelligence mainstream, it holds the potential to transform the island's tourism economy – and its future. -Sarah Kopit Read more ›

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Skift
Sean O'Neill @ Skift 2 place · 12/21/2024 23:06 EDT

Remote Year Collapse: What We Know

Remote Year said it was closing, upsetting many customers who had paid for future trips as digital nomads. Two CEOs are pointing fingers at each other. -Sean O'Neill Read more ›

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Skift
Justin Dawes @ Skift 2 place · 12/21/2024 09:00 EDT

ChatGPT, Google Gemini, Meta AI: A Frenetic Year With More to Come in 2025

AI companies have made considerable progress in 2024 as it relates to travel — glitchy as the tech may be. It's just the starting point for 2025, which is sure to have an explosion of AI advancements. -Justin Dawes Read more ›

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Skift
Rafat Ali @ Skift 1 place · 12/21/2024 07:24 EDT

Remote Year Shuts Down Despite New Owners’ Earlier Promises of a Bright Future

Remote Year was a small but pioneering company, innovating on the edges over the years. Sad to see it come to an end. -Rafat Ali Read more ›

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Skift
Rashaad Jorden @ Skift 3 place · 12/20/2024 14:14 EDT

What Are the Travel Industry’s Biggest Challenges Going Into 2025?

Despite making tremendous strides in 2024, the travel industry still faces several challenges and here's a list of some of them. -Rashaad Jorden Read more ›

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Skift
Sean O'Neill @ Skift · 12/20/2024 13:00 EDT

Cruise Giant Carnival Had a Very Good 2024

Carniva Corp. CEO Josh Weinstein is practically throwing confetti from the upper deck about 2025's prospects. For now, all the numbers and forecasts seem to support his optimism. -Sean O'Neill Read more ›

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Skift
Dennis Schaal @ Skift · 12/20/2024 11:07 EDT

Expedia Taps Former Ebay Interim CEO Scott Schenkel as Chief Financial Officer

Scott Schenkel gets the number 2 job at Expedia Group, and he'll be a key player in the turnaround. -Dennis Schaal Read more ›

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Skift
Gordon Smith @ Skift 1 place · 12/20/2024 09:55 EDT

This New Plane Is Putting Indianapolis Back on the Transatlantic Map

Overlooked secondary cities are suddenly on the radar of airline executives, as a new generation of long-haul aircraft upends traditional in-flight economics.  -Gordon Smith Read more ›

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Skift
Diana Nay @ Skift 2 place · 12/20/2024 09:30 EDT

Destination Marketing Data Strategies: Industry Insights with Epsilon

Destination marketers are looking for more ways to interact directly with visitors since suppliers like hotels, airlines, and travel agencies typically manage customer relationships. By partnering with companies that can deliver data and insights that accurately track visitation, destinations can better engage with real people who are a good fit for repeat business. -Diana Nay Read more ›

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