Skift Take All of the airline companies are facing a spike in fuel prices, with labor and other costs up also. Which will strike revenues. Jay Shabat Delta and Southwest looked for to reassure investors Thursday, following unfavorable commentary from several airlines earlier in the week. All of them are challenging a spike in fuel rates, with labor and other expenses up as well. And that’s...
Skift Take Lifting travel constraints in Spain unlocked pent-up travel need and introduced a significant wave of employing throughout the nation’s hospitality sector. That’s a major win for national employment figures. Cameron Sperance A sharp uptick in working with in Spain’s hospitality sector helped rein in joblessness in the third quarter, main data revealed on Thursday, as...
Skift Take No huge surprises on Google Maps, but Booking.com outmatched rival Airbnb in downloads in the online travel bureau classification worldwide by almost 20 million in 2021. That’s not a game-changer, but it’s important if Reservation is going to consume into Airbnb’s daunting direct-booking benefit. Dennis Schaal Google Maps was the most-downloaded travel app on the...
Skift Take Airline companies like American and Southwest frantically require more employees to prevent a cancellation disaster during the upcoming busy holiday travel season. Cameron Sperance American Airlines said on Saturday it has canceled more than 1,400 flights over the weekend due to personnel lacks and undesirable weather condition. The U.S. airline stated it canceled 551 flights on...
Skift Take Sonder revenues are rising while its losses are widening, even as SPAC offers are coming under extra pressure. The brand-new financing raised will help continue to focus on developing the business and hopefully keep the economics in check enough to finish the deal. Rafat Ali San Francisco’s short-term rental start-up Sonder has lowered its going-public-through-SPAC appraisal down...
Skift Take All eyes will be on U.S. Travel’s next leader to fill Roger Dow’s huge shoes and implement these lofty goals. Lebawit Lily Girma Declaring that the worst of the pandemic lags the U.S. travel market and that this is now the year of healing, the U.S. Travel Association’s 2022 State of the Travel Industry address on Wednesday was focused on a reimagined, more sustainable...
Here are the leading stories from Daily Accommodations Report in the previous week. Get news on hotel offers, advancement, stocks, and career relocations. Register here, now. Fewer Hotel Sales in the First Half of 2023 LW Hospitality Advisors’ major U.S. hotel sales surveys for the very first half of the year showed year-over-year declines in hotel sales and dollar volume along with rates...
Skift Take The door is barely opening for worldwide travel in Australia, but it will not be a silver bullet to reviving the nation’s tourist market till a broader resuming happens. Cameron Sperance Australia relieved its worldwide borders limitations on Monday, allowing some of its immunized public to take a trip easily and numerous households to reunite for the very first time because...
Skift Take In this video from Skift Global Forum 2022, we hear from Jeni Mundy, global head of merchant sales and getting at Visa, about the rise of contactless technology, boosting traveler touchpoints, and the future of digital payment innovations. Visa This sponsored material was developed in collaboration with a Skift partner. In this video: Contactless confidence: Reflections on the...
Why isn’t Airbnb profitable? Is Expedia Group losing market share? What about Booking.com losing ground in short-term leasings? In current separate published interviews, the CEOs of each business pushed back against the criticism. At Airbnb the Money Is Flowing In a CNN interview, reporter Richard Mission last month pointed out to Airbnb co-founder and CEO Brian Chesky the many unprofitable...