Skift Take Buying Germany’s Comtravo last month also meant taking on that company’s own ongoing acquisitions, consisting of plans to buy Sweden’s Resia. That deal’s now gone through, and TripActions acquires a faster way to Scandinavia. Matthew Parsons When TripActions bought Microsoft-backed business travel bureau Comtravo for a reported $60 million last month, it...
U.S. Hotels Enjoyed Record-High Space Rates in July
Skift Take Hotel space rates in the U.S. have never been so high. Plus, India and Australia forecast growing development and other news in hotel deals and development. Sean O’Neill Here are some excerpts from Daily Accommodations Report from the previous week. If you’re not a subscriber, you ought to be. Get news on hotel offers, development, stocks, and profession relocations. Sign...
Skift India Report: Oyo Upgrades to Premium With Brand-New ‘Palette’
Spending plan hotel operator and aggregator Oyo has forayed into the premium resorts and hotels classification with the launch of its brand-new brand name, Scheme. Oyo plans to have a total of 50 homes by the second quarter of 2024. The business has begun 10 Combination resorts as a pilot in Jaipur, Hyderabad, Digha, Mumbai, Chennai, Manesar and Bengaluru, Oyo said in a statement. “The...
12 Can’t-Miss Quotes From Skift Global Forum
Skift Take The global travel market still deals with uncertainty in its healing. However something is specific from all the interviews (and in some cases opposing viewpoints) at Skift Global Online Forum: How the world takes a trip will not look like it did 2 years back. Cameron Sperance Skift Global Forum recently generated hours of insightful discussions about where travel is heading after an...
What Travel Will Look Like in the 5G Era, According
Skift Take 5G connectivity will form the ways airports, aircrafts, hotels, transportation, and other components of the travel journey can deliver much better guest experiences and more effortlessly run behind the scenes. A Verizon executive talked to SkiftX about what they anticipate the transformation could appear like. Verizon This sponsored material was developed in collaboration with a Skift...
Dubai Exposition Set to Start the Emirati’s Tourist Sector: New
Skift Take Much is riding on the success of the Dubai Exposition– not simply for the Emirati. The Exposition is certainly the largest tourism-oriented occasion because the start of the pandemic. Many lessons will be learned from how the city state manages the coming months. Wouter Geerts On October 1, the World Expo started in Dubai, in what is likely the largest tourism-oriented occasion...
Start-up Guesty Raises $50 Million for Tech Providers for Short-Term
Skift Take It’s certainly a boom time for Guesty, which assists streamline and automate essential parts of short-term rental management. But what will occur when the publicly held tech giants go into the sector with their wares. Will they control, much like they’ve controlled the hotel tech sector? Sean O’Neill, Skift Guesty, a maker of software application for managers of short...
Sri Lanka Tourist Chief Resigns Under Pressure, Then Warns of
Skift Take The Sri Lanka tourism chief’s resignation letter has enough cautioning signs for the nation’s tourist market. Now, if only someone is listening. Peden Doma Bhutia Mired in its worst-ever recession with debts amounting to over $50 billion, Sri Lanka might need to wait on a long time to draw on tourist to lessen the blow. Kimarli Fernando, the Sri Lanka tourist chief, stepped...
5 Ways Locations Can Harness the Power of Localhood Stories
Skift Take In an age of ever-shrinking attention periods, location marketing companies (DMOs) need to rethink their engagement techniques. In this video, Dan Holowack, co-founder and CEO of CrowdRiff, shares how visual stories can distinctively make it possible for destination storytelling and drive significant outcomes. CrowdRiff This sponsored content was developed in partnership with a Skift...
France Struggles to Erase Bedbugs at the Airport and
Skift Take Insects at the airport and on commuter hotels is absolutely lot an excellent look heading into the Paris Olympics next year. Newscred With the Paris Olympics less than a year away, French authorities want to make sure the bedbugs do not bite during the games and have begun a drive to exterminate the pests. Social network users have been publishing video of the pests crawling around in...