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Sean O'Neill @ Skift · 12/19/2024 08:42 EDT

Soho House Draws Buyout Offer – at an 80+% Premium

All signs point to the buyout offer being okayed, given that it has support of Soho House's largest shareholder, Ron Burkle, and that it values the company at an 83% premium to its most recent market closing price. -Sean O'Neill Read more ›

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Skift
Rashaad Jorden @ Skift 3 place · 12/19/2024 06:20 EDT

Hyatt’s Vegas Boost, TSA’s Busiest Days and a New Indie Hotel Giant

Today's episode explains Hyatt's reach into Las Vegas resorts, a team up of independent hotels, and the TSA's busiest days of the year. -Rashaad Jorden Read more ›

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Skift
Bulbul Dhawan @ Skift · 12/19/2024 02:41 EDT

Ixigo CEO Explains Expansion Into Train Food Delivery Market

Ixigo's foray into train food delivery is not just about the financials. It's about building a loyal customer base that finds everything in one place. -Bulbul Dhawan Read more ›

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Skift
Bulbul Dhawan @ Skift 2 place · 12/18/2024 23:00 EDT

Who Is Fueling India’s Demand for Hostel Accommodations — India Report

While luxury hotels in India are catering to increasing number of Indian travelers, the surge in demand for hostels indicates growth in all areas of travel. -Bulbul Dhawan Read more ›

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Skift
Sean O'Neill @ Skift 1 place · 12/18/2024 16:16 EDT

Lark Hotels and Life House Team Up to Manage Lifestyle Properties

The thing about small lifestyle hotels is that they're supposed to be unique and special. But a new joint venture called Lark Hospitality claims it can help run these properties lucratively for owners by applying some best practices at scale. -Sean O'Neill Read more ›

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Skift
Varsha Arora @ Skift · 12/18/2024 13:43 EDT

U.S. Adventure Travelers to Ramp Up Spending

U.S. travel reflects cautious optimism, with growing financial confidence balanced against rising costs and shifting spending behaviors. -Varsha Arora Read more ›

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Skift
Adam Stacey @ Skift 2 place · 12/18/2024 13:13 EDT

Top CEOs You Won’t Want to Miss at our 2nd Annual Skift India Summit

Our first Skift India Summit was the best travel industry event the region had ever seen, and we can't wait to raise the bar as we return this March. -Adam Stacey Read more ›

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Skift
Rashaad Jorden @ Skift · 12/18/2024 12:59 EDT

Junk Fees Law Added to Year-End Funding Bill 

One federal law is a cleaner fix for confusing fees than having several state laws. -Rashaad Jorden Read more ›

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Skift
Krystin Arneson @ Skift · 12/18/2024 12:50 EDT

TSA Prepares for 2024 Holiday Travel Surge: 3 Busiest Days Revealed

The weeks surrounding Christmas and New Year's are historically peak travel periods, but three dates in particular are set to see extra volume this year, according to the TSA. -Krystin Arneson Read more ›

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Skift
Sean O'Neill @ Skift 2 place · 12/18/2024 11:03 EDT

Hyatt Strikes Deal to Add The Venetian in Las Vegas to Loyalty Program

The agreement helps Hyatt meet surging demand while expanding earning and redemption options for loyalty members in a crucial market. -Sean O'Neill Read more ›

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Skift
Rafat Ali @ Skift · 12/18/2024 10:23 EDT

The Slow Fade: Why Consumer Travel Media Is Obsolete

As someone who has devoted all of my life to media, it pains me to say this: consumer travel media, in its current incarnation, is dead. The world has changed, and it’s time for us to move on. -Rafat Ali Read more ›

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Skift
Rafat Ali @ Skift · 12/18/2024 10:23 EDT

The Slow Fade: Why Consumer Travel Magazines Are Obsolete

As someone who has devoted all of my life to media, it pains me to say this: consumer travel media, in its current incarnation, is dead. The world has changed, and it’s time for us to move on. -Rafat Ali Read more ›

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Skift
Meghna Maharishi @ Skift · 12/18/2024 10:19 EDT

American, Delta, and United Among Carriers to Score Washington Flights

The awards cap off a contentious issue that had held up the passing of the FAA Reauthorization Act. -Meghna Maharishi Read more ›

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Skift
Diana Nay @ Skift · 12/18/2024 10:00 EDT

Q&A: Accor’s Maud Bailly On How Sofitel Is Redefining Luxury Hospitality

There’s no one-size-fits-all approach to luxury hospitality, but Accor believes it’s up to major brands in the space to push the envelope. After a major rebranding, Sofitel has taken up the mantle of redefining luxury by investing heavily in team training, taking a stand for sustainability, and more. -Diana Nay Read more ›

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Skift
Diana Nay @ Skift · 12/18/2024 10:00 EDT

3 Ways Ground Transportation Can Benefit From AI

Ground transportation stands to gain significantly from AI adoption as a means to free itself from legacy tech constraints. AI enhances efficiency by optimizing routes, managing fleets, and reducing fuel consumption, while also boosting customer satisfaction. -Diana Nay Read more ›

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Skift
Diana Nay @ Skift · 12/18/2024 09:00 EDT

Q&A: How Abu Dhabi Plans to Capture the Underexplored Travel Market

As traditionally popular destinations buckle under the pressure of overtourism, Abu Dhabi is cleverly positioning itself as the smarter alternative for discerning travellers who value meaningful engagement. -Diana Nay Read more ›

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Skift
Rashaad Jorden @ Skift · 12/18/2024 06:44 EDT

Hilton Goes Local, FTC Bans Junk Fees and Asia-Pacific Takes Flight

Good morning from Skift. It’s Wednesday, December 18, 2024. Here’s what you need to know about the business of travel today. Listen Now Episode Notes Hilton is adopting a tailored regional approach to attract luxury hotel owners organically instead of acquiring portfolios, writes Senior Hospitality Editor Sean O’Neill.   O’Neill notes that Hilton uses a hub-and-spoke […] Read more ›

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Skift
Peden Doma Bhutia @ Skift · 12/18/2024 02:37 EDT

Oyo Completes Motel 6 Acquisition. Next? 150 New Hotels by 2025 With a Focus on Direct Bookings

As Oyo takes the wheel at Motel 6, it’s not just revamping operations. By expanding beyond OTAs and focusing on direct bookings and corporate demand, Oyo looks to cut commissions, boost margins, and build loyalty through better control of customer data. -Peden Doma Bhutia Read more ›

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Skift
Bulbul Dhawan @ Skift · 12/17/2024 23:00 EDT

How Indians are Turning Astro Tourism  Into a Travel Trend — India Report

Indians are chasing unique travel experiences, and astro tourism is shining bright on their radar. Destinations are eager to cash in on the trend. -Bulbul Dhawan Read more ›

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Skift
Justin Dawes @ Skift · 12/17/2024 17:00 EDT

Hostaway CEO on What’s Next After Raising $365 Million: Europe Expansion, More AI

The CEO of Hostaway says there's no clear market leader for short-term rental management tech, but he wants to change that. -Justin Dawes Read more ›

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