Skift Take In Skift’s top stories today, Airbnb ups host penalties for unjustified cancellations, a travel agent describes this summer season’s mayhem, and Uber releases a brand-new travel service. Sonia Menken Throughout the week we are posting original stories night and day covering news and travel trends, consisting of on the impact of coronavirus. Every weekend we will use you a...
This sponsored content was developed in collaboration with a Skift partner. The Saudi government’s $1 trillion financial investment in tourism is beginning to yield returns. The country welcomed over 100 million visitors in 2023, with a combined total invest of $67 billion, attaining its tourist goal 7 years ahead of schedule. Air connectivity is at an all-time high. Domestic tourist is...
Airlines
Germany’s Diminishing Airline Market
Due to increased airport costs and decreased corporate travel, both Low-Cost Carriers and Full-Service Carriers have actually downsized operations in Germany, leading to a 10-year low in capacity levels in 2023.
Ashab Rizvi, Skift Research|3 days ago
Skift Take For a sector that will contribute $250 billion to India’s gdp by 2030, a document reimagining the future of tourism is substantial. Amrita Ghosh India will soon state a nationwide tourist policyand is likewise preparing an international tourist financial investment top, stated Tourist Minister G Kishan Reddy. “Without personal investment, we can not become a global...
Skift Take Listen now to a conversation with Uber CEO Dara Khosrowshahi at Skift Global Forum in September 2021 in New York City City. Skift Personnel Uber’s CEO does not wish to use an incredibly app for everything, however he thinks his business remains in the best position to bring customers anything they need, from trips, to food, to medicine, and more. “Anything you wish to be...
Anyone expecting a significantly brand-new hotel development playbook to emerge from the pandemic is sorely mistaken. Instead, development pipelines at significant companies like Marriott and Hyatt are now informed by travel trends already in progress previous to the health crisis. A leisure-led recovery in hotel performance continued to control the story on 3rd quarter profits season. All the...
Skift Take It’s not too late to book your seat today for the most anticipated travel industry conference in the area: Skift India Summit. Nicole Meyer The inaugural Skift India Summit kicks-off next week in Delhi-NCR and to get you thrilled, we wanted to prepare you for the countless exclusive insights, instinctive discussions, and world-class market networking. We prepare to welcome around...
Skift Take Fernandes is handling the challenge of transforming AirAsia’s parent company as it attempts to shake off its pandemic-era problems. Gordon Smith and Meghna Maharishi, Skift Capital A CEO Tony Fernandes stated Wednesday he will remain on as the company’s top executive for another five years, putting aside his retirement strategies. Fernandes, who has led the business and its...
Skift Take The popular Blue Lagoon attraction has actually closed as a safety measure, but early signs are that the volcano’s activity might not disrupt Icelandic tourist too much. Dawit Habtemariam A volcano emerged in southwest Iceland on Sunday, posing an immediate hazard to a nearby little fishing town although it had actually been left earlier and no people were in risk, authorities...
Online Travel
Reserving Sees Space Night Growth Slowing Through the Summer season
If the market important is for a business to grow, grow, grow, investors might be restless about the speed at Reservation Holdings.
Dennis Schaal|3 days ago