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Skift
Skift @ Skift · 08/23/2023 23:00 EDT

Skift India Report: Akasa Air to Fly to South Asian and Middle East Countries

After a remarkable year of growth, performance, service, and network expansion, Akasa Air gears up to herald the next chapter of growth with its latest clearance for international routes. -Amrita Ghosh Read more ›

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Skift
Skift @ Skift · 08/23/2023 20:00 EDT

How RateGain Plans to Boost Growth

RateGain’s got almost everyone in the industry in its pocket, with 25 of the top 30 OTAs and 23 of the top 30 hotel chains in the world as its customers. It's no surprise that revenues have been growing at a fast clip. -Amrita Ghosh Read more ›

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Skift
Roushni Nair and Archishma Iyer, Reuters @ Skift · 08/23/2023 19:36 EDT

Qantas Notches Record Earnings Bolstered by a Travel Rebound

More planes and new routes are in the offing as Qantas takes advantage of healthy travel demand. -Dennis Schaal Read more ›

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Skift
Skift @ Skift · 08/23/2023 17:14 EDT

Half of Maui’s Hotel Rooms Sit Empty as Tourism Recovery Won’t Be Quick

To save local jobs and livelihoods, Hawaii and Maui tourism leaders need to figure out how to balance sensitivity while getting their public messaging straight that parts of Maui are open and can serve tourists. -Dawit Habtemariam Read more ›

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Skift
Skift @ Skift · 08/23/2023 16:37 EDT

U.S. Hotel Groups Have Bet Big on China. Now They Have New Risks.

Betting against China's torrid economic growth has been a fool's errand for decades. But nothing lasts forever. Foreign hotel executives shouldn't make blind assumptions about endless hotel development opportunities in the country. -Sean O'Neill Read more ›

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Skift
Rocky Swift and Maki Shiraki, Reuters @ Skift · 08/23/2023 12:18 EDT

Chinese Group Tours Return to Japan But Lavish Spending Is Unlikely

While Japanese authorities are undoubtedly thrilled Beijing lifted its pandemic-era restrictions on group trips to Japan, the increasing desire among Chinese consumers to save money means the country won't likely get the economic boost it's hoping for. -Rashaad Jorden Read more ›

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Skift
Skift @ Skift · 08/23/2023 10:00 EDT

3 Ways to Start Building a More Transparent Travel Company

With the need for responsible, ethical, and sustainable travel more acute than ever, demonstrating transparency in business reporting and operations is a key way for travel companies to not only build consumer trust, but also drive revenue and achieve long-term growth. -Intrepid Travel Read more ›

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Skift
Skift @ Skift · 08/23/2023 09:26 EDT

Wynn Resorts CEO Expects Gaming License Soon for UAE’s First Casino

After all the "will they, won't they?" the Wynn Resorts CEO has reaffirmed that UAE is finally saying, "Deal!" to its very first casino! -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift · 08/23/2023 06:27 EDT

Europe’s Mounting Flight Delays Are Slowing Recovery

Today's edition of Skift's daily podcast looks closer at Europe’s air traffic woes, the drop in tourism investment, and boutique hotel growth. -Rashaad Jorden Read more ›

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Skift
Skift @ Skift · 08/23/2023 02:00 EDT

Dubai’s Airport Beat Pre-Pandemic Passenger Numbers in First Half of 2023

Dubai Airport has surpassed pre-pandemic levels during the initial half of 2023. However, its projection for the entire year still falls slightly short of 2019 numbers. Call it "cautious optimism." -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift · 08/22/2023 23:00 EDT

Skift India Report: More Pilots Quit Go First Over Paused Payments

With the insolvency proceedings turning out to be a long-drawn-out process, cash-strapped Go First is as good as a shut shop. -Amrita Ghosh Read more ›

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Skift
Skift @ Skift · 08/22/2023 17:06 EDT

Boutique Hotel Pipeline Is Growing Fast – but Forecasts May Be Too High

If all the U.S. hotels planned in the lifestyle, soft-branded, and indie boutique segments between 2024 and 2027 actually get built, it would mean 29% a year of pipeline growth on average. Color us doubtful. -Sean O'Neill Read more ›

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Skift
Skift @ Skift · 08/22/2023 15:00 EDT

Global Tourism Investment Is Down by Over $100 Billion from Pre-Pandemic Level

So 2022 was the first growth year for investment in the global tourism sector since the pandemic. Even so, the sector is down over $100 billion down from its pre-pandemic level. It still has a long way to go for a full recovery. -Dawit Habtemariam Read more ›

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Skift
Skift @ Skift · 08/22/2023 14:11 EDT

Europe’s Air Traffic Controller Shortage Delays Flights, Slows Recovery

There is no magic bullet to an air traffic controller shortage in the heart of Europe. -Edward Russell Read more ›

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Skift
David Shepardson, Reuters @ Skift · 08/22/2023 12:36 EDT

FAA to Hold Runway Safety Meetings After Spate of Near Collisions

The FAA is in a hurry to get answers to why it's seeing so many close calls on airport runways before it's too late. -Rashaad Jorden Read more ›

1

Skift
Joey Tyson and Sean O'Neill, Skift @ Skift · 08/22/2023 09:42 EDT

Ennismore’s Brands, Explained

Ennismore seeks to establish itself as the group to beat in lifestyle hotels and hospitality innovation. Here’s a rundown of its major brands. -Joey Tyson, Skiftt Read more ›

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Skift
Skift @ Skift · 08/22/2023 06:52 EDT

Selina’s Big Stock Swing

Today's edition of Skift's daily podcast looks closer at Selina’s stock drop, American Air’s pilot deal, and Omni Hotels’ ambitions. -Rashaad Jorden Read more ›

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Skift
Skift @ Skift · 08/21/2023 23:00 EDT

Skift India Report: Hotel Sector Could Add $1 Trillion to Economy by 2047

The vision for the hospitality sector goes much beyond just branded hotels — to include tier-2 and 3 cities which will be crucial for tourism growth. Plus, other highlights from last week's news in hotel deals and development across the country. -Amrita Ghosh Read more ›

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Skift
Skift @ Skift · 08/21/2023 13:30 EDT

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Selina's stock price stabilized on Monday after a sharp drop to an all-time low on Friday. The chain of premium hostels and coworking spots is taking steps to escape penny-stock status. -Sean O'Neill Read more ›

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Skift
Skift @ Skift 3 place · 08/21/2023 12:40 EDT

The Americas Lead Airline Capacity Recovery in 2023

North and South America have been standout performers in leading the industry's capacity recovery post pandemic. While this was anticipated, there are noteworthy shifts in interregional capacity from North America to the Middle East, Africa and Asia. -Ashab Rizvi Read more ›

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