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Skift @ Skift · 08/13/2024 15:04 EDT

Paris Luxury Hotels Rake in Olympics Tourist Bump

Paris saw a boost in domestic and international tourism for the the weeks of the Olympics Games. When taking into account the tourists that avoided the city this past summer, growth was flat compared to last year. -Dawit Habtemariam Read more ›

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Skift
Skift @ Skift 1 place · 08/13/2024 12:43 EDT

Skift IDEA Awards 2024: Meet the Winners

The travel industry’s most coveted award for excellence in design, creativity, and innovation once again celebrates the brands and businesses that are redefining the future of travel. Discover the final results and meet the 2024 winners. -Adam Stacey Read more ›

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Skift
Skift @ Skift · 08/13/2024 10:55 EDT

IndiGo’s Fierce Pricing Squeeze Forces Yatra’s Revenue Decline

After grappling with setbacks in the consumer segment, Yatra is doubling down on its core strength — corporate travel. -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift · 08/13/2024 10:40 EDT

Inspirato Gets New CEO and $10 Million in Financing, Lays Off 15% of Employees

With Brad Handler out as chairman and his brother Brent Handler having given up the CEO role nearly a year ago, this deal represents a changing of the guard at Inspirato. -Dennis Schaal Read more ›

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Skift
Skift @ Skift · 08/13/2024 08:55 EDT

GetYourGuide Partners With Eurowings to Pair Experiences with Airline Booking

GetYourGuide seeks to strengthen its airline collaborations with Eurowings integration, boosting customer experience. -Jesse Chase-Lubitz Read more ›

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Skift
Skift @ Skift · 08/13/2024 06:38 EDT

RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm

While the Indian IPO market is strong right now, global markets aren't as friendly, as a result RedDoorz is taking a measured approach with its IPO plans. -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift · 08/13/2024 03:22 EDT

Disney’s Ambitions, India’s Boom and Timeshares’ Retreat

Today's podcast looks at Disney's big park and cruise plans, India's booming outbound market, and timeshares' global challenges. -Rashaad Jorden Read more ›

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

Hilton Partners with Bollywood Actor Sidharth Malhotra – India Report

Indian celebrities enjoy a significant following in the country and can influence the decisions of their fans. Hilton's partnership with Sidharth Malhotra comes months after it collaborated with actor Deepika Padukone. -Bulbul Dhawan Read more ›

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Skift
Skift @ Skift · 08/12/2024 16:09 EDT

Athens Wildfires Rage During Greece’s Peak Travel Season

If Greece doesn't get the wildfires under control, tourism could decline in the coming months. -Dawit Habtemariam Read more ›

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Skift
Skift @ Skift · 08/12/2024 13:16 EDT

Timeshare Giants Report Consumer Pullback – Here’s the Outlook for Vacation Ownership

Could international expansion help offset sluggish growth in the U.S.? "Global" was the word executives said the most on earnings calls we reviewed. -Sean O'Neill Read more ›

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Skift
Skift @ Skift · 08/12/2024 11:38 EDT

Disney Announces Expansion in Cruises, Gaming and Parks

As Disney's park attendance shows signs of softening, the company is betting on cruises and digital engagement to sustain its growth. -Jesse Chase-Lubitz Read more ›

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Skift
Skift @ Skift · 08/12/2024 10:00 EDT

Q&A: How Global Hotel Alliance Has Empowered Independent Hotel Brands for 20 Years

As Global Hotel Alliance celebrates its 20th anniversary, CEO Chris Hartley reflects on the journey of becoming the world’s largest collection of independent hotel brands, what makes the GHA model different, and how independent hotels can stay ahead in a competitive market. -Global Hotel Alliance Read more ›

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Skift
Skift @ Skift · 08/12/2024 10:00 EDT

How Streaming TV Is Driving Destination Inspiration

Today’s consumers are increasingly inspired by their favorite TV shows and movies. By aligning ads with this engaging content, travel brands can reach consumers at pivotal moments in their planning journey and enhance conversion rates. -Amazon Ads Read more ›

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Skift
Skift @ Skift · 08/12/2024 08:47 EDT

Oyo Raises $175 Million in Latest Funding Round, Valuation Sinks to $2.4 Billion

Oyo’s significantly reduced valuation could imply a delay in IPO plans until market conditions and investor confidence improve. -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift · 08/12/2024 04:25 EDT

India’s Surging Role in Global Tourism: Key Insights from Earnings Calls

The travel industry is making a global shift to capture India’s booming outbound tourism. From hotels and airlines to credit cards and digital platforms, everyone’s racing to cater to this surging wave of Indian travelers. As the market soars, the India opportunity is simply too big to ignore. -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift 1 place · 08/10/2024 16:15 EDT

Travel Startups Raised $240 Million This Week

One startup fundraise this week — the largest yet this year — also outdid the top two deals in 2023 by GetYourGuide and Klook. -Justin Dawes Read more ›

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Skift
Skift @ Skift 1 place · 08/10/2024 08:00 EDT

We Ask Five Airline CEOs What They Really Think About AI

Airlines comes in all shapes and sizes, and so do the real world applications for artificial intelligence. We sat down with five aviation leaders to find out how they think the new technology will impact their business. -Gordon Smith Read more ›

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Skift
Skift @ Skift 2 place · 08/09/2024 15:15 EDT

Taylor Swift Canceled Her Concert, But Vienna Still Gets a Tourism Boost

Taylor Swift is so influential that a destination can still get a tourism boost even when she doesn't perform. -Dawit Habtemariam Read more ›

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