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Skift @ Skift · 02/26/2024 07:19 EDT

Hyatt’s Annual Report: 5 Things We Learned

Hyatt's annual 10-K provides a handful of notable details, including the final prices it paid for Mr & Mrs Smith and for Dream Hotels. -Sean O'Neill Read more

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Skift
Ajay Awtaney, Skift @ Skift 2 place · 02/25/2024 13:05 EDT

Can China’s New Plane Compete With Airbus and Boeing?

China's state-owned plane maker is presenting the COMAC C919 on the international stage with high hopes of stealing market share from Airbus and Boeing. -Gordon Smith Read more

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Skift
Skift @ Skift 1 place · 02/24/2024 05:45 EDT

The New Sound of Luxury

Sound is an opportunity area that luxury hoteliers haven't fully capitalized on. But they are perfect places to create unique, rarified experiences. -Colin Nagy Read more

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Skift
Skift @ Skift 1 place · 02/23/2024 06:55 EDT

Dubai Announces Five-Year Multiple Entry Visa for Indians

Dubai understands that easier visa regime is essential to encourage more Indians to visit the emirate. -Peden Doma Bhutia Read more

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Skift
Skift @ Skift 2 place · 02/22/2024 16:21 EDT

Booking.com Hit With $530 Million Fine From Spanish Regulators

Booking Holdings will almost certainly appeal the draft decision by Spanish regulators to levy a fine against it of $530 million. -Dennis Schaal Read more

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Skift
Skift @ Skift 3 place · 02/22/2024 10:23 EDT

Accor CEO Says a Rising Middle Class in India Will Bolster Hotel Sector

Accor's top boss said during a Thursday earnings call that the hotel group will benefit as the middle class expands in India and beyond in the next several years. -Sean O'Neill Read more

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Skift
Skift @ Skift 3 place · 02/22/2024 09:31 EDT

Airbnb’s New Listing Verification Process Favors Pro Hosts 

With fraud a substantial problem in online travel these days, Airbnb is undertaking the mammoth task of trying to verify listings. The process is easier for professional hosts. -Dennis Schaal Read more

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Skift
Skift @ Skift · 02/22/2024 07:00 EDT

Aman Group CEO Talks Ultra-Luxury Hotel Strategy

Since Vladislav Doronin took the helm of Aman Group, he's scaled up the ultra-luxury hotel group. Here's what's next. -Sean O'Neill Read more

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Skift
Skift @ Skift 1 place · 02/21/2024 16:09 EDT

Delta’s Revenues From Premium Travel Surged in 2023

The carrier took a gamble in betting that premium travel would last. Delta generated $19.1 billion in revenue from premium seating, a 26% increase from last year. -Meghna Maharishi Read more

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Skift
Varsha Arora, Skift @ Skift 3 place · 02/21/2024 10:30 EDT

The Value of Travel Credit Cards in the U.S.: New Skift Research

Younger demographics drive growth in the U.S. travel credit card market – and bank brands dominate. -Varsha Arora Read more

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Skift
Skift @ Skift 1 place · 02/20/2024 18:05 EDT

Sonder to Lay Off 106 Workers – 17% of Corporate Staff

Sonder is cutting its overhead while it works with external advisors to figure out how to handle underperforming units. -Dennis Schaal Read more

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Skift
Skift @ Skift 3 place · 02/20/2024 12:10 EDT

IHG Forecasts Loyalty and Hotel Pipeline Growth

CEO Elie Maalouf pointed to early results suggesting that IHG's recent marketing efforts and brand development work is leading to growth in a virtuous flywheel for the hotel group. -Sean O'Neill Read more

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Skift
Skift @ Skift 2 place · 02/20/2024 09:45 EDT

The State of Tourism Investment in Saudi Arabia

Saudi Arabia is investing billions into its tourism ecosystem. How can partners get involved? In this episode of the Skift Travel Spotlight podcast, executives from Riyadh Air and Dida Travel discuss investments in the nation’s travel infrastructure. -Saudi Tourism Authority Read more

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Skift
Skift @ Skift 1 place · 02/20/2024 07:00 EDT

San Francisco’s New Tourism Chief Fights ‘Doom Loop’ Narrative

San Francisco has been somewhat of a poster child for urban decay. The city's new tourism chief has a lot of work to do to change that image. -Dawit Habtemariam Read more

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Skift
Skift @ Skift 1 place · 02/19/2024 08:25 EDT

Why Skift India Summit Should be on Every Travel Industry Professional’s Calendar

Taking place in Delhi on March 19-20, Skift India Summit will be the premier destination for insightful discussions, networking opportunities, market trend insights and inspiration that will empower industry professionals to stay ahead in the region’s ever-evolving landscape. -Nicole Meyer Read more

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Skift
Skift @ Skift 1 place · 02/19/2024 08:00 EDT

If the business plan is to be believed, Beond Airlines could be a major threat to traditional operators before the end of the decade. -Gordon Smith Read more

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Skift
Skift @ Skift 1 place · 02/18/2024 08:00 EDT

Andaz Brand Campaign: The Story of Hyatt’s Luxury Lifestyle Hotels

Hyatt's brand muse Crystal Vinisse Thomas reveals the thinking behind her seven-figure marketing campaign for luxury lifestyle brand Andaz. -Sean O'Neill Read more

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Skift
Skift @ Skift 1 place · 02/17/2024 09:00 EDT

Velocys Raises $40 Million for Jet Fuel Tech: Startup Funding Roundup 

More renewable jet fuel companies are raising money to develop products, but a lot more money is needed to reach the industry's zero-emissions goals by 2050. -Justin Dawes Read more

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Skift
Skift @ Skift 2 place · 02/17/2024 08:15 EDT

Wyndham’s Latest Annual Report: 8 Things We Learned

Eight things jumped out at us from Wyndham annual financial filing. One surprise was that it has introduced an AI risk disclosure. That is something we expect will become commonplace in travel company filings. -Sean O'Neill Read more

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Skift
Skift @ Skift 2 place · 02/16/2024 17:44 EDT

Carl Icahn to Get Two Seats on JetBlue’s Board

The activist investor gained two seats on JetBlue's board after acquiring a nearly 10% stake in the company. -Meghna Maharishi Read more

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