Travel

Skift Take Younger demographics drive growth in the U.S. travel credit card market – and bank brands dominate. Varsha Arora, Skift Skift Research’s latest report, “Navigating Q4 2023: Analysing the Value of Travel Credit Cards in the U.S.”, presents a comprehensive analysis of the U.S. travel landscape. This report introduces a special focus on travel credit cards alongside U.S. travel
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Skift Take Sonder is cutting its overhead while it works with external advisors to figure out how to handle underperforming units. Dennis Schaal Short-term rental and hotel operator Sonder announced that it would lay off 106 corporate employees, or 17% of that workforce, as it moved to reduce overhead costs and deal with underperforming properties.
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Skift Take CEO Elie Maalouf pointed to early results suggesting that IHG’s recent marketing efforts and brand development work are leading to growth in a virtuous flywheel for the hotel group. Sean O’Neill IHG provided a strategy update to investors Tuesday, with executives forecasting rising growth for its loyalty program and its hotel development pipeline.
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Skift Take If the business plan is to be believed, Beond Airlines could be a major threat to traditional operators before the end of the decade. Gordon Smith With corporate traffic slow to recover after the pandemic, wealthy leisure travelers are filling first- and business-class seats. They’re also paying handsomely for the privilege.  Now, one
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Skift Take Taking place in Delhi on March 19-20, Skift India Summit will be the premier destination for insightful discussions, networking opportunities, market trend insights and inspiration that will empower industry professionals to stay ahead in the region’s ever-evolving landscape. Nicole Meyer As the global travel landscape evolves, staying ahead of the curve is crucial
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Skift Take Hyatt’s brand muse Crystal Vinisse Thomas reveals the thinking behind her seven-figure marketing campaign for luxury lifestyle brand Andaz. Sean O’Neill Hyatt’s luxury lifestyle brand, Andaz, launched a brand awareness campaign in November called Be Like No One’s Watching. The campaign illustrates the many challenges and opportunities that hotel groups face as they
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Skift Take Eight things jumped out at us from Wyndham annual financial filing. One surprise was that it has introduced an AI risk disclosure. That is something we expect will become commonplace in travel company filings. Sean O’Neill Wyndham is the world’s largest hotel franchisor, and we found a handful of noteworthy details in its
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Skift Take More renewable jet fuel companies are raising money to develop products, but a lot more money is needed to reach the industry’s zero-emissions goals by 2050. Justin Dawes Three travel startups have announced fundraises of nearly $90 million over the last week.  >>Velocys, which develops tech to enable renewable jet fuel production, has
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Skift Take The activist investor gained two seats on JetBlue’s board after acquiring a nearly 10% stake in the company. Meghna Maharishi JetBlue Airways announced Friday that two independent directors would join its board as part of a deal with activist investor Carl Icahn. Jesse Lynn, the general counsel of Icahn Enterprises, and Steve Miller,
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Most tourism board CEOs come from the hotel or tourism industry. But Tourism Ireland’s new chief executive, Alice Mansergh, came from Google’s marketing side.  Mansergh took over in September, and was previously managing director for Google Customer Solutions for the UK and Ireland. She replaced Niall Gibbons, who had been CEO of Tourism Ireland for
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Skift Take Today’s podcast looks at the impact of Choice Hotels on Wyndham’s fourth quarter, Expedia Group’s controversial ad, and Bali’s overtourism prevention tactics. Rashaad Jorden Good morning from Skift. It’s Friday, February 16. Here’s what you need to know about the business of travel. Listen Now 🎧 Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts Episode Notes
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Skift Take A potential buyer could decide to break up Tripadvisor’s parts, including Viator, TheFork, and metasearch, under the theory that the parts are worth more than the whole. Dennis Schaal The prospect of a deal to acquire Tripadvisor hung over the company’s fourth-quarter earnings call Thursday and executives didn’t offer any further details. Tripadvisor
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Skift Take Today’s podcast looks at Marriott and Hilton’s top annual report takeaways, Airbnb’s artificial intelligence pathway to new verticals, and American Express’ new largest Centurion Lounge. Rashaad Jorden Good morning from Skift. It’s Thursday, February 15. Here’s what you need to know about the business of travel. Listen Now 🎧 Subscribe Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon
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Skift Take No, Brian Chesky isn’t necessarily talking about launching flights on Airbnb when he refers to becoming a “cross-vertical company.” Google Flights, relax. Dennis Schaal On the back of its November acquisition of GamePlanner.AI, Airbnb CEO Brian Chesky said his company can create a new AI interface, and that it will help transform Airbnb
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Skift Take As the travel industry grows in India, backed by investments in infrastructure and increased disposable income, MakeMyTrip is expanding its offerings. Bulbul Dhawan Online travel agency MakeMyTrip has announced the launch of ‘Business Class Funnel’ for international flights, with the aim of enhancing the booking experience of first- and business-class travelers. According to
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