The Department of Transportation announced Friday that it would fine JetBlue $2 million for persistent flight delays. The fine marks the first time the department has ever charged an airline for consistent flight disruptions. The DOT argued that JetBlue has operated “a prohibited unrealistic scheduling practice” due to the delays. Half of the fine will
Travel
Co-hosting on Airbnb has struck a chord on social media, where practitioners offer tips and guides on how to make big money on Airbnb without having to own any property. There are dozens of posts on platforms like TikTok and YouTube detailing how you can contract with a host to earn commissions of 10-30%, or
As we head into 2025, the global economy has been holding up well, despite pockets of weakness and plenty to worry about. Skift has covered how the economy impacts the travel industry throughout the years, and we turned to our Ask Skift 2.0 to see the different factors at play. Our answer engine used information
In 1990, as general manager of a traditional five-star country house hotel in Britain, Robin Hutson found himself enforcing dress codes and rules he no longer believed in. While London’s dining scene was revolutionized by casual gastropubs, the countryside’s 1990s high-end inns remained stuck in a time warp of jacket requirements and child-free zones. Two
New year, new travel plans. If 2023 was the year of revenge travel, and 2024 was one of normalization, what will 2025 bring for the travel industry? Likely a slow and steady baseline of growth. But there will also be plenty of challenges and changes. Skift Research’s new Global Travel Outlook 2025 takes a closer
How do you grow a property management company? Buy a bunch of smaller, local property managers as part of a rollup strategy? Use your own sales force to sign up homeowners? That’s one of the existential problems in property management and Casago – backed by investor Roofstock – is trying to solve it with its
Private equity firm Creador has acquired a controlling stake in Southeast Asian B2B hospitality marketplace MG Group, positioning the company for global expansion. Founded in Indonesia, MG Group connects over 8,000 global buyers with more than 350,000 accommodation suppliers. Creador aims to leverage the MG platform: MG Jarvis and its network to capitalize on the
Nishant Pitti, co-founder and CEO of Easy Trip Planners, the parent company of Indian online travel agency EaseMyTrip, on Wednesday announced his resignation, effective January 1, 2025. His brother Rikant Pittie, currently serving as the company’s chief financial officer, has been appointed as the new CEO “with immediate effect”. The announcement comes amidst broader strategic
There were big changes for the travel industry in the Middle East in 2024: Sphere Entertainment announced a location in Abu Dhabi; MGM Resorts announced its own “Sphere” in Dubai; Wynn Resorts got the green light for gaming in Ras Al Khaimah. In aviation, Riyadh Air placed an order for 60 more aircraft in October
As 2024 draws to a close, the most important story in tourism this year was a blockbuster – Live Tourism. For decades, travel has been dominated by iconic landmarks, sandy beaches, and cultural experiences. But this year, the world’s travelers seemed to shift en masse toward an entirely different motivation. They were chasing events –
Privately held Casago and Vacasa entered into an agreement in which Casago would acquire all of the larger property management company’s outstanding public shares for around $128 million, and the merged entity would take Vacasa private. At the same time, pro-tech company Roofstock intends to invest in the combined company “and provide strategic guidance,” the
I am excited to launch a new podcast mini-series for the holidays going into 2025. Skift’s How I Travel Podcast Series will feature intimate conversations diving deep into the personal travel philosophies, habits, and styles of travel industry insiders and cultural influencers. Each episode features an in-depth interview with an expert traveler, where they share their unique
While much of the airline industry hopped on the premium boom in 2024, it was also a big year in Washington. Clamping down on consumer practices in the airline industry was a cornerstone of the Biden administration — many regulations and crucial court decisions came in 2024. A federal judge struck down the merger between
New York City’s near ban on Airbnb — and other short-term rentals platforms — in 2023 produced some of its desired results, but failed in other ways, and led to unintended consequences. Our look back one year later on the implementation of the Local Law 18 host registration measure was arguably our most important story
Travel in Asia is back. The region is leading global tourism recovery in 2024 with international arrivals surging to pre-pandemic levels in many destinations. Popular tourist hubs like Thailand, Vietnam, and Malaysia are reporting record visitor numbers, buoyed by pent-up demand and targeted policy changes. However, one factor is helping make this rebound even stronger:
Skift Take Join us this January for Skift Megatrends events in New York City (January 7) and London (January 9) to explore the transformative ideas reshaping travel in 2025, featuring insights from industry leaders, engaging panel discussions, and networking opportunities with industry leaders. — Becca Smith Our annual Skift Megatrends events are back this January, exploring
As we discussed earlier this week, there is a spectrum of performance between Europe’s three leading low-cost carriers. However, these variations aren’t unique to Ryanair, EasyJet, and Wizz Air. We see exactly the same disparity between the three major network carrier groups. In a moment, we’ll examine the fortunes of Air France-KLM and the Lufthansa
The airline business is usually a terrible business, at least if you want to make money. You’ll need a lot of labor. You’ll need a lot of capital. Be ready for intense competition and incessant government interference. And if anything really bad happens in the world—a pandemic, a natural disaster, a war—it’s the airline industry
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