Skift Take Today’s podcast looks at Delta’s big first quarter, Brazil’s delayed visa requirements, and the factors behind corporate travel agency mergers. Rashaad Jorden Listen Now ð§ Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts Episode Notes Delta Air Lines posted a first-quarter profit in what’s normally a sluggish period for airlines — in part due to a
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Skift Take MGM Resorts CEO William Hornbuckle made around $37.9 million in pay last year. The financial windfall was a reward for seeing the company notch record revenue and sign a landmark loyalty partnership with Marriott. Sean O’Neill MGM Resorts CEO and president William Hornbuckle made around $38 million in pay in 2023, more than
Skift Take Today’s podcast looks at CEO salaries, Ben Drew’s next steps, and a new Boeing whistleblower. Rashaad Jorden Good morning from Skift. It’s Wednesday, April 10. Here’s what you need to know about the business of travel today. Listen Now ð§ Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts Episode Notes Several major hotel CEOs took home
Skift Take A Boeing engineer alleged he saw “people jumping on pieces of the airplane” when manufacturing the 787, making it prone to defects. Meghna Maharishi An engineer at Boeing claimed the plane maker dismissed repeated concerns about the quality control of the 787 Dreamliner and 777, some of the most used widebodies in the
Skift Take Today’s podcast looks at Michelin’s new ratings, Spirit’s next steps, and Europe’s short-term rental boost. Rashaad Jorden Listen Now ð§ Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts Episode Notes Michelin is rolling out a new hotel rating system worldwide this year. The company has already awarded 24 French hotels its highest rating, “Three Keys,” writes
Skift Take The decision to cancel a major transatlantic route launch with just a few weeks’ notice will not have been taken lightly by the airline. Gordon Smith United Airlines has scrapped plans for a new transatlantic route this summer, just weeks ahead of its maiden flight. The highly unusual decision to cancel the service
Corporations have largely maneuvered out of the workplace upheavals inflicted by the global pandemic. One issue continues to vex managers: How to handle business travel for newly remote employees. Nearly half of companies have revised policies to address travel by remote or hybrid employees, according to a January survey by the Global Business Travel Association.
Skift Take India’s growing prominence in outbound MICE presents a significant opportunity that Dubai aims to leverage. The new recognition program targeting Indian intermediaries will definitely push agencies to promote Dubai as a preferred MICE destination. Peden Doma Bhutia Dubai Business Events, part of the Dubai Department of Economy and Tourism and the city’s official
Skift Take There have been a ton of layoffs in various areas of the short-term rental industry over the last year. Facing headwinds, companies are trimming costs and trying to position themselves to new market conditions. Dennis Schaal TravelNet Solutions laid off around 15 employees Thursday, roughly 7.5% of its 200-member workforce, a decision the
Skift Take Assembly has found customers for a new luggage brand and travel gear, while Stippl wants to expand the use of its social media app for travel planning. Justin Dawes Much of the travel industry around the world is changing rapidly. The variety of startups that raised money this week is an example of
Skift Take Sonder’s second notice of potential delisting is for a different reason than the first notice a year earlier. Neither, though, is a good look for the struggling company. Dennis Schaal Sonder disclosed in a financial filing Friday that it received a Nasdaq notice that it is not complying with the stock exchange’s listing
Skift Take Boeing CEO Dave Calhoun took home some of his highest compensation during his short tenure at the helm of the beleaguered U.S. plane maker, but he did not receive a bonus in 2023. Meghna Maharishi Departing Boeing CEO Dave Calhoun received around $32.7 million in compensation for 2023, according to an annual proxy
Skift Take Today’s podcast looks at eclipses’ effects on air travel, Amadeus’ new partnership, and Alaska’s new payment from Boeing. Rashaad Jorden Listen Now ð§ Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts Episode Notes The total eclipse that will pass diagonally across the U.S. next week is expected to boost tourism in dozens of cities. So how
Skift Take Many smaller cities on the path of totality with short-term rentals have reached 100% occupancy, according to AirDNA. But larger cities aren’t far behind. Elizabeth Casolo, Skift Looking for a place to stay along the 2024 eclipse path? It’s not impossible — but it will be tough. More than half of U.S. cities
Skift Take Sunil Suresh is bullish about the loyalty program’s prospects of becoming a value creator for the airline, with significant growth forecast over the next three years. Ajay Awtaney, Skift How do you turn a net negative into a positive? That’s the challenge faced by Air India’s Chief Marketing Officer, Sunil Suresh. He is
Skift Take Due to the end of CARES Act restrictions on executive pay, United CEO Scott Kirby’s total compensation nearly doubled in 2023. Meghna Maharishi United Airlines’ top executive saw his salary nearly double in 2023. United CEO Scott Kirby, who is routinely one of the most highly paid airline executives in the U.S., made
Skift Take For the latest in our Leaders of Travel: Skift C-Suite Series, we sit down with Marco Ciomperlik, Chief Airline Officer at the TUI Group to gather his insights on the year ahead. Gordon Smith The TUI Group is a tourism powerhouse. Arguably best known for its family-friendly vacations, the company’s operation spans hotels,
Skift Take A high-caliber management team is the key to any great company. But bringing this group back together again doesn’t guarantee success. Investors will ask, “What have you done for me lately?” Dennis Schaal Trivago has brought back a key executive from its December 2016 IPO – there are now four leaders from the