Skift Take Big names drove much of the top 10 travel mergers of the year. However among the biggest offers, aircraft lessors, rail producers and an online travel bureau used the pandemic to scoop up infrastructure and technology to support their positions. Dennis Schaal Pandemic opportunities sustained much of the mergers-and-acquisitions activity in travel this year, as purchasers pounced on...
Skift Take Even if tourism business are having a hard time to resume operations stopped briefly by Covid– let alone method pre-pandemic levels– they need to design brand-new ways to reach audiences interested in their products, even those travelers in their backyards. Specifically if they’ve been popular, like lots of refugee-led tours have been. Rashaad Jorden Tours led by...
Skift Take Today’s edition of Skift’s everyday podcast looks at Berlin’s usage of local consultation, ITA Airlines’ most likely brand-new owner, and what Google says about low-cost flights. Rashaad Jorden Great morning from Skift. It’s Thursday, September 1. Here’s what you need to know about business of travel today. Listen Now Subscribe Apple...
Skift Take Bars, clubs, amusement park and museums will be the winners this summertime. The “experience economy” is back. Mary Ann Ha and Matthew Parsons International tourist spending on experiences is quickly outpacing spending on “things” given that July 2021, according to a new travel report by the Mastercard Economics Institute. As of April 2022, worldwide tourist...
Skift Take Business shouldn’t undervalue the ripple effect of this year’s labor crisis, and this new report is a prompt heads-up to assist them much better handle their costs next year. Matthew Parsons Companies need to prepare for much greater hotel rates next year, as the labor crisis and other macroeconomic factors unfold into 2022. A new report has cautioned that prices will rise...
Skift Take Good early morning from Skift. It’s Wednesday, June 1, in New York City City. Here’s what you need to know about the business of travel today. Rashaad Jorden Today’s edition of Skift’s day-to-day podcast goes over why service travel is expanding despite the financial hit, why Qatar will limit non-World Cup visitors in December, and how hotels are attempting to...
Skift Take In this video conversation from Skift’s current Style the Future occasion, we hear from Colin Smyth, vice president and basic supervisor, travel, Flywire, about how the travel business can build trust and brand name commitment by executing better payment systems– permitting them to focus on what they do best. Flywire This sponsored material was produced in cooperation with...
Skift Take Hyatt currently has 50 hotels in 17 markets in India. Its next 50 will remain in more diversified markets of India. Bulbul Dhawan Hyatt Hotels absolutely has its eyes on India and the focus specifically is on domestic Indian leisure tourists. “The leisure travel market is mainly driven by Indians taking a trip within India and discovering the nation,” said CEO Mark...
Maui’s tourist recovery has actually been moving at a slow speed considering that the wildfires ravaged the island’s western region in early August. One factor: Travelers have actually been sluggish to return out of level of sensitivity to locals. In a September 8 press conference, Hawaii Guv Josh Green stated West Maui would be open to travelers again on October 8, two months after...
Skift Take The numbers demonstrate how well travel has actually recovered post-pandemic in some parts of the world. Justin Dawes Flight to and from Israel plunged in the last three months of 2023 amid the Israel-Hamas conflict, but the number of passengers taking a trip through Ben Gurion International Airport near Tel Aviv still increased 10% in 2023. The number of global travelers reached 21.1...