Skift Take Trip.com knows better than to just make tall claims on a travel rebound even as the company witnesses a surge in search volume for inbound and outbound travel. Peden Doma Bhutia Even though China’s recent relaxation of Covid measures is widely seen as a step forward for travel, Trip.com is still cautious in the very near term as winter is usually a slack season for both business and...
Skift Take Anxieties of a Delta replay were definitely stired when Omicron was first found. So what does a brand-new coronavirus alternative mean for hotels? Not excessive, based on early efficiency data. Cameron Sperance The very first complete week of hotel data considering that the Omicron version was spotted does not show indications the new strain torpedoed performance. Earnings per...
Skift Take Some travel and hospitality business have great intents when it comes to becoming more sustainable business, but there are still some unpleasant truths. Matthew Parsons Travel and sustainability will be significant talking points over the next number of weeks ahead of a significant climate change conference, but there are issues corporations are using carbon balancing out as a cover to...
Skift Take In this current webinar, Skift and WNS explore how companies can adjust to and accept the emerging digital-first, data-driven, post-Covid travel landscape. WNS After a duration of extreme interruption and hibernation brought on by the pandemic, the travel industry is in recovery mode– and services are waking up to a transformed landscape. Skift Research’s exclusive recovery...
Skift Take Boeing’s obstacles produce an uncompetitive environment offered the current state of the aircraft-manufacturing duopoly. And Boeing’s concerns seems formidable. Dennis Schaal Boeing needs to get its house in order. That was the message from Steven Udvar-Házy, executive chairman of Air Lease Corp., who said his company has lost some $500 million in income because of the...
Skift Take After shutting down or offering eight services– a few of which were relatively inconsequential– since the beginning of 2020, Expedia Group doesn’t expect any more such possession dispositions as part of its drive to make the company easier and more focused. But selling brands may end up being the easiest part of the exercise. Dennis Schaal, Skift There are a lot of...
Skift Take Water Hospitality is a Korean start-up that acquired traction in Japan and now prepares to use its hotel and vacation rental management services in other markets. If you can make it in Osaka, you can make it anywhere. Sean O’Neill, Skift This week, travel start-ups revealed more than $46 million in funding. >> H2O Hospitality, a business that handles travel accommodation on...
Skift Take Four days straight of flight cancellations is scaring Wall Street, which discarded its travel holdings on Monday as new uncertainty go back to the market. Tom Lowry Shares of U.S. airline companies and other travel-related companies fell on Monday as increasing Omicron cases and weather-related problems forced the cancellation of hundreds more flights, leaving travelers stranded across...
Skift Take Some metasearch sites have lost a bit of marketing appeal for advertisers. More brand marketing and Google are likely among the factors behind the trend. Dennis Schaal Travel metasearch sites such as Trivago and Tripadvisor fell considerably short of pre-pandemic 2019 revenue levels in 2022 while travel companies in other sectors, such as Airbnb in short-term rentals, and tours and...
Skift Take As Airbnb allows larger houses listed on the platform to be scheduled to full occupancy, it plainly comprehends that the ‘parties and occasions permitted’ search filter would have to go. Peden Doma Bhutia Airbnb Inc said on Tuesday it will make irreversible its restriction on parties in homes listed on its platform after seeing a sharp drop in reports of unapproved events...