Skift Take In an interview, Hilton CEO Chris Nassetta spoke about sticking to Hilton’s “core competencies” with traditional lodging and not expanding into cruises and vacation rentals like rivals have. Sean O’Neill Hilton president and CEO Christopher Nassetta believes the hotel group’s focus on traditional hotels and lodging and mostly “organic” growth gives it an
Travel
Skift Take Taking inspiration from our Skift Megatrends list, here are some of the biggest themes we expect to come up time and again across multiple discussions at the Skift Aviation Forum 2024. Gordon Smith The Skift Aviation Forum is shaping up to be the industry event of the year. On November 12, we’ll be
Skift Take Even if the union ratifies the new contract, Boeing still has to confront a slew of issues with its aircraft programs that have led to delays and production slowdowns. Meghna Maharishi Boeing’s machinist union announced Saturday that it reached a tentative agreement with the company, ending the month-long strike that halted production. The
Skift Take Some Wall Street analysts had speculated that if Spirit wasn’t able to reach refinance or extend the deadline on a credit card processing agreement, then bankruptcy could have been on the table. Meghna Maharishi Spirit Airlines said Friday it had entered into an agreement to extend the deadline to refinance some of its
Mid September to early October was the most active time period for travel funding of the year: 13 startups raised $600 million, and then another six startups raised $500 million. The past two weeks have been a bit quieter. Eight travel startups announced fundraises totaling nearly $40 million. Beacon AI: $15 Million Beacon AI, which is
Skift Take Germany aspires to set the standard for AI’s future in destination marketing. However, we wonder whether Germany’s new AI influencer can actually build an audience and earn their trust. Those tasks are challenging even for humans. Dawit Habtemariam Tourists looking to explore Germany can expect a helping hand from the country’s first AI-generated
Skift Take The Aria Suite is arguably the year’s most anticipated new business class product. Those hoping for pushing-the-envelope innovation may be disappointed, but this solid product hits all the right notes. Gordon Smith “I’ve been pregnant for a very long time, but my baby is finally born,” said Vivian Lo, Cathay Pacific’s head of
In its latest move to attract international travelers, budget carrier IndiGo has entered into a codeshare agreement with Malaysian Airlines. In a codeshare agreement, partner airlines are able to sell seats in flights operated by the other carrier. IndiGo is not alone in fostering codeshare agreements: other domestic airlines including Vistara and Air India have
Skift Take Lower interest rates could jumpstart transactions and development next year, but the industry isn’t out of the woods yet. Sean O’Neill Hotel industry leaders gathered at The Lodging Conference in Scottsdale, Arizona, last week to discuss emerging trends in the hotel market. Here are the key takeaways from the world’s largest hotel finance
Skift Take Today’s podcast looks at Florida’s delicate tourism campaign, Abu Dhabi’s spherical Vegas duplicate, and Uber’s business travel push. Rashaad Jorden Good morning from Skift. It’s Wednesday, October 16, 2024, and here’s what you need to know about the business of travel today. Listen Now ð§ Subscribe Apple Podcasts | Spotify | YouTube | RSS Episode Notes Visit Florida launched
Skift Take The head of Uber for Business says his margins are better than the non-business side, so Uber wants to triple-down on investment. Justin Dawes Uber is launching a new black-car service for business travelers, the company told Skift Tuesday. The service, called Uber Business Black, will come with several features designed for busy business
Skift Take The hospitality scene in India is changing, and it’s giving rise to brands like Minimalist Hotels that cater to travelers who look for places that strike a balance between quality and experience. Lavish amenities might not be a priority, but they’re happy to splurge on things like specialty coffee or other premium touches.
Skift Take An uncomfortable truth is emerging in the aftermath of two hurricanes making devastating sweeps through Florida. Natural disasters can be good for business at regional hotels that escape damage. Sean O’Neill While hurricanes bring short-term devastation, they often boost medium-term hotel performance in affected regions. Analysts at investment banks Bernstein, Baird, and Truist
Skift Take In recent years, both the timeshare experience and the demographics of timeshare ownership have evolved considerably. At Skift Global Forum, ARDA CEO Jason Gamel explored how the vacation ownership industry is innovating, modernizing, and expanding its offerings to satisfy the expectations of today’s travelers. ARDA This sponsored content was created in collaboration with
At the Lodging Conference in Scottsdale, Arizona, Larry Cuculic, the CEO of BWH Hotels, leaned forward, his West Point-honed posture softening as he warmed to his subject. “We’re not just a mid-scale brand,” he said. “We now have a brand for every guest, a brand for every developer.” The man helming Best Western’s parent company
Skift Take At the Skift Global Forum in New York, we polled travel industry decision-makers to determine how they approach the rise of experiences, how they think about shifting traveler behaviors, and how technology impacts modern booking processes. Travel Guard This sponsored content was created in collaboration with a Skift partner. Experiences and activities are
Skift Take Airbnb is going after Japan’s domestic travelers, the largest part of the country’s travel market. But it will take time to crack it. Dennis Schaal Japan is a key expansion market for Airbnb, which launched a marketing campaign there Friday. The ads, which include TV, online and print, focus on domestic travelers, Airbnb
Skift Take Boeing CEO Kelly Ortberg told employees that the company has to make “tough decisions” during the machinist strike. Meghna Maharishi Boeing CEO Kelly Ortberg told employees Friday afternoon that the company would need to delay the launch of the 777X and lay off roughly 10% of its workforce as the machinist strike continues.
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