Skift Take Ouch. Still, it might have been a lot even worse for one of Latin America’s largest airline companies, which is paying less than half of the initial penalties that were consequently waived. The airline, which reported a loss last quarter, made the case it did not have the cash to pay all $87 million. Tom Lowry Brazil airline Gol Linhas Aéreas Inteligentes SA will pay more than...
Skift Take China should weigh whether the economic pain deserves the rate of such difficult lockdown procedures in action to break outs that pale in comparison to those seen in markets like the U.S. Cameron Sperance China, generally viewed as the worldwide leader in the hotel market’s healing from the pandemic, took a huge fall recently in its hospitality comeback due to the Delta variant...
Skift Take For years, a handful of large airline company groups beyond the U.S. have slapped additional charges on airfare sold through tradition innovation. Hawaiian is the very first U.S.-based airline to add circulation additional charges. Sean O’Neill Hawaiian Airlines is quietly changing its circulation technique. Starting April 1, travel bureau in the U.S. that use the...
Skift Take It’s an alarming caution from one of the sector’s most experienced founders and investors– but just don’t talk about patterns up until 2023, HomeAway’s Carl Shepherd made a point to include. Matthew Parsons, Skift The co-founder of HomeAway has likened the current spate of unique purpose acquisition companies– or SPACs– to the build-up seen...
Skift Take The minute the industry has actually been clamoring for appears to be here– rich countries agreeing to drive international standards for the restart of international travel. It’s not perfect, however it’s a long waited for start. Lebawit Lily Girma It took almost two years of a lethal international pandemic that also decimated the tourism and air travel sectors and...
Skift Take Except for the down year of 2020, the U.S. lodging sector has actually been performing robustly, with the short-term rental sector acquiring market share. Our company believe hotels will make a strong resurgence in 2022 relative to the short-term rental sector. Varsha Arora Skift Research estimates that the overall lodging sector in the U.S. produced $319.9 billion revenue in 2021...
Skift Take It has to do with time that the airline companies refund travelers considering that it was clear they were breaking European Union customer rules throughout the early days of the pandemic. Rashaad Jorden A group of European airlines settled on Thursday to refund guests whose flights were canceled throughout the COVID-19 pandemic, and committed to offer much better details on...
Skift Take Hotels and other travel brand names did see excellent numbers as they headed into the holiday season, but we’re most likely to see signs of consumers tapping the breaks in the early part of 2022. Let’s hope that will be short-lived. Jason Clampet Premier Inn owner Whitbread said on Wednesday lodging at its UK hotels has stayed strong in current weeks, regardless of the...
Skift Take Significant hotel business do not wish to ruffle any financier plumes at a time when profitability is just returning and labor stays delicate. But it’s better to be truthful– and prepared– about what the next couple of months might appear like with brand-new pressures of the virus and release a new healing strategy. Cameron Sperance The presidents of some of the...
Skift Take At an invite-only session from Skift Global Forum 2022, Holly Aresty, deputy chief business officer at Rokt, and Wouter Geerts, director of research at Skift, led a roundtable discussion about how changing client expectations are reshaping ecommerce deals and redefining the idea of brand name commitment. Rokt Secret conversation highlights: Messaging that actually matters: When a...