Skift Take Mass cancellations and their knock-on effect will imply additional postponed flights, and another obstacle for airline companies and airports that had wished for a public holiday boost after Omicron obstacles. Matthew Parsons A significant winter season storm slammed much of the eastern U.S. with snow, ice and high winds on Sunday, triggering prevalent travel interruptions and power...
Skift Take Unlike lots of Americans eager to avoid any discusses of slavery, Stephanie Lampkin believes it’s vital to resolve how its legacy is still driving the widespread inequality plaguing the U.S.– a point she makes every effort to make to visitors to the National Underground Railroad Liberty Center. Rashaad Jorden Stephanie Lampkin easily confesses that her work requires...
Skift Take Beyond’s ‘Short-Term Rental Industry Summer Season Trends Report’ deep dives into the short-term rental market, giving operators and managers actionable actions on how to navigate the post-pandemic leisure boom. Skift Heading into the 2nd half of 2021, the travel industry continues to shift forward with promising signs of upward momentum. With leisure tourists showing...
Skift Take The Australian group is turning to the U.S. for its next stage of expansion, but remarkably believes the very best avenue for that is through a British luxury brand name. Matthew Parsons Australia’s Flight Centre Travel Group is purchasing UK-based trip operator Scott Dunn for $148 million (A$ 211 million), in a bid to broaden into the U.S., in addition to the UK. The luxury...
Skift Take AvantStay’s relocation into brokerage services sets it apart from the majority of its peers. But as Zillow’s experience of turning houses and getting burnt highlights, property can be an extremely risky sector. Dennis Schaal AvantStay, a residential or commercial property manager that participates in property investor-buyer matchmaking, has actually raised $160 million in...
Skift Take Excellent early morning from Skift. It’s Tuesday, March 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 daily podcast takes a look at the types of cruise ships travelers are most interested in post-pandemic, the scheduling website focused on real estate Ukrainian refugees, and a...
Skift Take A great deal of destinations have actually stated they were rethinking tourism advancement throughout their respective Covid lockdowns. We’re still waiting to see a few of those more recent, much better policies emerge. Jason Clampet Seychelles stated on Wednesday it is looking to diversify its economy beyond its mainstay of tourist into locations such as fisheries after visitor...
Skift Take These days, pilot needs for automated inflation compensation would be a really nice perk undoubtedly. Dennis Schaal Pilots at Lufthansa have actually declined a wage deal by Germany’s flagship carrier and could go on strike anytime, union VC stated on Thursday, as a dispute over pay continues. They had actually voted in favour of industrial action last month, threatening further...
Online Travel Today It’s no secret that venture capitalist and personal equity evaluations of travel start-ups can be greatly pumped up, although Covid and lockdowns add to volatile market conditions. Skift analyzed a crop of eight recently public short-term leasing, travel tech, and rideshare companies that went public in 2021. (See the chart below.) Although many handled to pad their...
Skift Take Carnival’s North America market continues to be a star performer, and Europe is doing extremely well. Still, that won’t suffice to return Carnival to complete health post-pandemic. It requires to speed up development in Asia and Australia. Dawit Habtemariam Carnival scheduling volumes continue to surpass their 2019 levels in The United States and Canada, however they have...