Skift Take The resort marked Mankind Pharma family’s foray into hospitality in 2022. Post acquisition, it is now Chalet Hotels’ second property in North India. Bulbul Dhawan Hotel developer Chalet Hotels has announced that it is in the process of acquiring Courtyard by Marriott Aravali Resort. The 158-key resort, located near Delhi, is under the
Travel
Skift Take The addition of the Boeing 737 Max 10 in American’s order is a vote of confidence in the U.S. manufacturer’s yet-to-be certified plane. Gordon Smith American Airlines has announced a blockbuster new aircraft order, from not one but three different manufacturers. A total of 260 new jets are on the way, in a
Skift Take Malaysian officials aren’t giving up in their quest to find answers to one of aviation’s greatest mysteries. Rashaad Jorden Malaysia is pushing for a renewed search for Malaysia Airlines Flight MH370, the transport minister said on Sunday, as the 10th anniversary of its disappearance in one of the world’s greatest aviation mysteries approaches.
Since Sébastian Bazin became its CEO in 2013, Accor has had a series of transformations and done a lot of acquisitions, such as Mövenpick, Fairmont, and Mantra, and joint ventures, such as Ennismore. But Accor detailed last July something of a five-year-plan, with detailed commitments on performance benchmarks it intends to meet. That was a
Skift Take There’s a lot of money pouring into next-generation flight technology with promises of huge revenues in the future. Justin Dawes There’s a lot of money pouring into next-generation flight technology. This week, there was an investment into renewable jet fuel and a propulsion system for flying taxis. Four travel tech startups have announced
Skift Take Experts compare the current AI-based tech revolution to the birth of the internet. With that level of magnitude comes plenty of issues. Justin Dawes Executives at companies like Airbnb and Booking Holdings have been talking for over a year about plans to implement the latest advances in artificial intelligence. The CEO of Airbnb,
Skift Take After a string of quality lapses and production snarls, Boeing and Spirit AeroSystems are considering a possible reunion that they believe would “strengthen aviation safety” and “improve quality.” Meghna Maharishi Boeing confirmed Friday that it is in talks to potentially buy Spirit AeroSystems, the troubled aircraft supplier. “We believe that the reintegration of
Skift Take China’s ambitions for COMAC to rival Airbus and Boeing will probably take decades to achieve. One of the largest aircraft lessors in the world said it currently wouldn’t buy a COMAC commercial aircraft. Meghna Maharishi The executive chairman of Air Lease, one of the largest aircraft lessors in the world, said the company
Skift Take It’s all flights on board as AirAsia Move aims to carve out its own niche in the OTA space. The superapp doesn’t want to be seen playing favorites with its parent airline. Peden Doma Bhutia AirAsia Move is serious about an IPO – but first the timing and the business mix needs to
Skift Take This is an example of why startup advisors say founders should avoid taking too much funding too quickly. Justin Dawes Culture Trip, the travel media company that raised roughly $155 million, sold its website and group tour business to the U.S. News & World Report. Culture Trip has gone through several business initiatives.
Skift Take Cleartrip’s agency business is recording fast growth, a sign of its growing stake in the online travel sector in India. Bulbul Dhawan Online travel agency Cleartrip has announced that its travel agent partners increased by 40% in 2023 as compared to 2022. The company’s business-to-business platform Agentbox 2.0 recorded four times higher volume
Skift Take After a string of problems with its beleaguered 737 Max line, Boeing has to come up with a plan to improve safety culture and quality control. Meghna Maharishi Boeing has 90 days to develop a plan to address its quality control issues following a history of problems with its 737 Max line, Federal
Skift Take Several factors are driving the demand for hospitality industry in India, especially domestic tourism. ICRA expects this robust demand to lead to strong growth in FY2025. Bulbul Dhawan The pan-India premium hotel occupancy is estimated to reach decade highs of 70-72% in the coming fiscal year (2025), according to credit rating agency ICRA.
Skift Take Airlines are raising baggage fees to offset rising costs and cooling airfare inflation. But these price hikes may also be part of a strategy to incentivize more passengers to sign up for their frequent flyer programs and co-branded credit cards. Meghna Maharishi Checking in a bag is becoming an increasingly expensive endeavor. At
Skift Take Katerina Giannouka leaves her post as CEO after a little over a year. Josh Corder Katerina Giannouka has left Jumeirah Group one year into her time as CEO, confirms an internal document seen by Skift. The document is attributed to Jumeirah’s owning company Dubai Holding group CEO Amit Kaushal and was circulated to
Skift Take The long-awaited expert report found that the U.S. plane maker’s safety culture has numerous issues. Meghna Maharishi Boeing’s efforts to improve its safety culture have been insufficient, a Federal Aviation Administration expert panel reported Monday. The group found that there has been a “disconnect” between Boeing’s senior management and employees involved in the
Skift Take China’s state-owned plane maker is presenting the COMAC C919 on the international stage with high hopes of stealing market share from Airbus and Boeing. Ajay Awtaney, Skift Visitors to last week’s Singapore Airshow witnessed a landmark moment: the international debut of China’s C919 passenger jet. Beijing is betting big that the new plane
Aman, the ultra-luxury hotel and resort group, has been growing fast since Vlad Doronin became chairman and CEO in 2014. Back then, Aman had 26 hotels and resorts – it now has 35. Its soon-to-debut spin-off brand, Janu, has 11 properties in the works. And Aman has just launched a line of interior goods and
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 131
- Next Page »