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Reuters @ Skift · 09/08/2023 06:13 EDT

Virgin Voyages Raises $550 Million to Expand into New Markets

Virgin has raised over a billion in the last two years. In such a capital intensive and competitive business, organic growth just isn't an option. -Jason Clampet Read more

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Skift
Skift @ Skift 1 place · 09/08/2023 04:51 EDT

Travel Industry Earnings Analysis Reveals 4 Dominant Trends

Today's edition of Skift's daily podcast looks closer at trends revealed during earnings season, the new FAA nominee, and Hilton’s Tesla chargers. -Rashaad Jorden Read more

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Skift
Alan Woinski and Sean O'Neill, Skift @ Skift · 09/08/2023 01:00 EDT

U.S. Hotels Likely to Finish Year Strong Thanks to Group Bookings

A top investment bank points to signs that augur well for fourth-quarter hotel company performance. One key factor is rising bookings for group events. Plus, other news in hotel deals and development worldwide. -Sean O'Neill Read more

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Skift
Skift @ Skift · 09/07/2023 17:26 EDT

Affirm Signs Booking.com as Latest Buy Now, Pay Later Partner

You probably can't blame travel companies for giving travelers more options for financing their vacations. But which will be the first to run a YouTube ad on how to responsibly budget for your next trip? -Dennis Schaal Read more

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Skift
Skift @ Skift 2 place · 09/07/2023 15:41 EDT

Three New AI Trip Planners Join a Growing Market

There are too many AI trip planning tools to choose from, but many will disappear as time goes on. -Justin Dawes Read more

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Skift
Ajay Awtaney, Skift @ Skift · 09/07/2023 14:04 EDT

New Rules of Long-Haul Travel: Business vs. First Class, ‘Densification’ of Economy

As travel comes back strong, airlines are doing everything they can to add capacity to their existing aircraft and roll out the red carpet for their premium customers. -Ajay Awtaney Read more

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Skift
Reuters @ Skift · 09/07/2023 13:54 EDT

Avianca Plans to Invest $473 Million to Grow Fleet

Although Avianca wasn't able to finalize its desired merger with Viva Air, the company is still finding ways to expand, with Colombian tourism poised to boom. -Rashaad Jorden Read more

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Skift
Skift @ Skift 1 place · 09/07/2023 11:30 EDT

Airbnb vs. Vrbo: Pitting the Largest Short-Term Rental Platforms Against Each Other

Everything you'd want to know about the two largest short-term rental online travel agents (OTAs) in a 20-chart factbook. -Wouter Geerts Read more

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Skift
Seth Borko, Skift @ Skift · 09/07/2023 10:57 EDT

Travel Earnings Analysis: 4 Trends that Dominated

What's the final verdict on Q2 travel earnings? Growth remains robust with a strong assist from Asia. But the industry is clearly slowing as travel demand normalizes and pent-up demand exhausts itself. -Seth Borko Read more

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Skift
Skift @ Skift 3 place · 09/07/2023 10:00 EDT

New Research: Uncovering How Travelers Plan and Book Online

Expedia Group’s new “The Path to Purchase” report provides actionable insights to help travel companies inspire, engage, and convert travelers at each stage in the online shopping journey. -Expedia Group Read more

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Skift
Skift @ Skift · 09/07/2023 08:02 EDT

Hilton to Install Tesla Next-Gen Electric Vehicle Chargers at 2,000 Hotels

Vying for market share breeds opportunity and risk. Hilton's oneupmanship in electric vehicle charging is more than just a win for Tesla. It will prompt hotel rivals to sharpen their strategies. -Sean O'Neill Read more

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Skift
Skift @ Skift · 09/07/2023 04:00 EDT

Get Ready for Trivago’s Advertising Reboot

Today's edition of Skift's daily podcast looks closer at Trivago's ad woes, Capital One's new lounge, and Mastercard's India travel forecast. -Rashaad Jorden Read more

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Skift
Skift @ Skift · 09/06/2023 23:00 EDT

Skift India Report: G20 Summit Weekend Drives Demand for Short Getaways

Domestic airlines and hotels are reaping the benefits of the noticeable increase in bookings for weekend getaways. -Amrita Ghosh Read more

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Skift
Skift @ Skift · 09/06/2023 17:53 EDT

Expedia Carries Out More Layoffs, Makes Exec Changes

It's the latest in a number of layoff rounds over the past three years. -Justin Dawes Read more

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Skift
Skift @ Skift · 09/06/2023 17:29 EDT

Trivago’s Hail Mary: Go Big Again in TV Advertising

There will be many struggling companies that will be watching this Trivago experiment to go really big in brand advertising. Is a second time the charm? -Dennis Schaal Read more

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Skift
Skift @ Skift 1 place · 09/06/2023 10:30 EDT

Mastercard Executive Shares 6 Key Insights Shaping Indian Travel Trends

India's tourism market has made significant strides post pandemic, with a growing appetite for diverse experiences, authenticity and wellness. The world should recognize and cater to India's evolving preferences. -Peden Doma Bhutia Read more

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Skift
Skift @ Skift 1 place · 09/06/2023 10:00 EDT

Introducing Skift’s New Editor-in-Chief: Sarah Kopit

On our quest to become *the* most influential force in the global business of travel, we're bring in new top leadership for editorial. Excited to build the next phase of Skift with Sarah and Lex. -Rafat Ali Read more

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Skift
Skift @ Skift 2 place · 09/06/2023 09:00 EDT

Capital One Expands Travel Business With New Washington Dulles Airport Lounge

Airport lounge access is increasingly a standard in the lucrative credit card travel world. And while they may not be as posh as their image elicits, travelers can't get enough. -Edward Russell Read more

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Skift
Reuters @ Skift · 09/06/2023 08:44 EDT

3 U.S. Airlines Issue Warnings About Higher Third Quarter Fuel Costs

Despite a boom in air travel this summer, major airlines still haven't been able to overcome some of the most pressing challenges they've faced in recent years. So look for them to recoup some of the surging costs in the form of higher airfares. -Rashaad Jorden Read more

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Skift
Skift @ Skift 2 place · 09/06/2023 06:32 EDT

New York City’s Short-Term Rental Verification System Fails to Launch

Today's edition of Skift's daily podcast looks closer at New York's short-term rental verification process and U.S. cities' tourism recovery. -Rashaad Jorden Read more

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