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Skift @ Skift · 11/10/2022 07:30 EDT

Seera Group Rides Saudi Arabia’s Efforts to Build Tourism to First Post-Pandemic Profit

The sweet sound of "profit" seems to be making a slow and steady return in the earnings calls of travel companies in the Middle East. -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift · 11/10/2022 06:05 EDT

Kayak a Decade After Its Acquisition

Today’s edition of Skift’s daily podcast looks at Kayak's post-IPO growth, Spirit's bank on loyalty programs, and Dubai's hope for a new development. -Jason Clampet Read more ›

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Skift
Skift @ Skift · 11/10/2022 05:03 EDT

Emirates Earns $1 Billion Record Net Profit for Fiscal First Half

As it looks to restore capacity, Emirates understands that it would be equally important to recruit the right skills. -Jason Clampet Read more ›

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Skift
Skift @ Skift · 11/10/2022 04:39 EDT

Sonder Makes Modest Progress on Long-Term Corporate Travel Bet

Sonder's growth is slowing by design and because of macroeconomic conditions. It is committed to the promised land of 2023, when it hopes to turn red ink to green. -Dennis Schaal Read more ›

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Skift @ Skift · 11/10/2022 02:06 EDT

What Tech Layoffs Mean for Travel Brands

The job losses at big tech brands including Facebook and Twitter present a big challenge for those companies and the talent they've lost. But the travel industry dealt with much of this in 2020. What's next? -Jason Clampet Read more ›

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Skift
Skift @ Skift 3 place · 11/10/2022 02:00 EDT

Are Travel Tech Companies Safe From Layoffs? These Execs Are Optimistic — For Now

While Big Tech is laying off thousands, the travel tech companies interviewed for this column are hiring dozens of people. That's good for now, but we will see how hard the global economy gets hit next year. If too hard, some cutbacks may be inevitable. -Justin Dawes Read more ›

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Skift
Skift @ Skift · 11/09/2022 12:30 EDT

Corp Travel Agencies Need to Start Unbundling Services

If more companies plan on building travel programs using tech from a mix of agencies "like a Lego house," the larger agencies need to start accommodating that, delegates at the Global Business Travel Association's European conference heard. -Matthew Parsons Read more ›

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Skift
Skift @ Skift · 11/09/2022 07:30 EDT

How Kayak Fared 10 Years After Priceline’s Offer to Buy It

Kayak isn't as muscular today in metasearch, as some would have forecast years ago, given the impact of Google. But Kayak hasn't folded, either. -Dennis Schaal Read more ›

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Skift
Skift @ Skift · 11/09/2022 06:07 EDT

Building a Sustainable Airline Fuel Infrastructure

Today’s edition of Skift’s daily podcast looks at infrastructure for sustainable fuel, Booking.com's short-term rentals, and Norwegian Cruise Line's recovery. -Jason Clampet Read more ›

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Skift
Skift @ Skift · 11/09/2022 02:30 EDT

Recent Hotel Earnings Tell Us Brands See Resilience in Development Pipelines

While economic storm clouds gather, public hotel companies said in earnings calls that their deal and development work remains largely strong — and intact. -Sean O'Neill Read more ›

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Skift
Skift @ Skift 1 place · 11/09/2022 02:00 EDT

UAE Bids Goodbye to Pandemic-Related Restrictions: Middle East Travel Roundup

The Middle Eastern nations realize that for tourism to flourish restrictions would need to be eased. -Peden Doma Bhutia Read more ›

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Skift
Skift @ Skift · 11/08/2022 14:50 EDT

Norwegian Cruise Confident It Can Ride Wave of Higher Pricing Through Any Downturn

Norwegian Cruise better be certain it has the guest experience to retain customers despite implementing record pricing amid shaky economic conditions. -Dawit Habtemariam Read more ›

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Skift
Skift @ Skift · 11/08/2022 11:30 EDT

Amex GBT CEO Says Greener Air Travel Starts With Building More Sustainable Fuel Plants — Now

European politicians are planning legislation that requires airlines to use more sustainable fuel by 2030, but there's very little going around. One solution is to start building more production plants now, to create enough in time. But what Amex GBT's chief Paul Abbott wants to know is who's paying to build them? -Matthew Parsons Read more ›

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Skift
Skift @ Skift · 11/08/2022 11:15 EDT

Tripadvisor Execs Suggest Viator and Hotel Auction Will Be Key to New Strategy

The most important thing about Tripadvisor's exercise in formulating a new strategy will be how it reconfigures priorities. Answers to that question won't be divulged until 2023. -Dennis Schaal Read more ›

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Skift
Skift @ Skift · 11/08/2022 10:00 EDT

European Companies Brace for Changes in Corporate Travel, Expense, and Payments

By combining travel, expenses, and payments in one tool and implementing dynamic policies, companies can reap the positive benefits of business travel by managing costs in a challenging economic environment — and supporting happier, more compliant employees. -TripActions Read more ›

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Skift @ Skift · 11/08/2022 07:30 EDT

Booking.com’s Stagnant Mix of Short-Term Rental Stays Is a Not Necessarily Bad Thing

Booking.com and Airbnb are tough to compare. Although Booking.com officials would admit it has a lot to improve in short-term rentals, the company is playing its hotel hand to an advantage. -Dennis Schaal Read more ›

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Skift
Skift @ Skift 2 place · 11/08/2022 06:12 EDT

Airbnb Finally Displays True Costs Up Front

Today’s edition of Skift’s daily podcast looks at Airbnb’s new price transparency, why U.S. tourists are spending more than tourists to the U.S., and Choice Hotels’ upgrades. -Jason Clampet Read more ›

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Skift
Jonathan Stempel, Reuters @ Skift · 11/08/2022 03:32 EDT

Richard Branson Compelled to Face Lawsuit Over Bullish Virgin Galactic Claims

Richard Branson and Virgin Galactic will be able to cope with a shareholder lawsuit, but his stock sales at allegedly elevated prices adds an interesting wrinkle. -Dennis Schaal Read more ›

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Skift
Skift @ Skift · 11/07/2022 13:00 EDT

Inbound Travelers to U.S. Spent $802 Million Less in September Than Outbound Travelers

The U.S. is literally leaving millions of dollars on the table each month that the State Department fails to reduce exploding visa wait times. -Dawit Habtemariam Read more ›

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Skift
Skift @ Skift 2 place · 11/07/2022 12:35 EDT

Choice Hotels Looks to Transcend Budget Image by Going Upscale

Choice Hotels is eager to expand its portfolio more broadly. But a move upmarket is not without risk. -Sean O'Neill Read more ›

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