Travel distribution platform TBO Tek made its debut in the Indian stock exchanges Wednesday, and raised a little more than INR 15.5 billion ($180 million) from its IPO subscription last week. One use of the funds may be acquisitions, the company’s leaders told Skift. “It’s important, to always maintain a pipeline. However, acquisitions can be a huge hit and miss, so it’s very...
American Airlines is making changes to its corporate travel loyalty program for small businesses – the airline said Monday the newly launched AAdvantage Business would replace Business Extra. The Business Extra program will no longer accept new members as of Monday, with the program’s benefits ending by January 31, 2024. In its place, small businesses with a minimum of five employees can...
Expedia Group laid off around 100 employees in a round of cuts that impacted its product and tech organization, Skift has learned.
A company spokesperson confirmed that this was the second round of layoffs at the Seattle-headquartered company in recent months.
“We are committed to delive
Hotel guests have gone too far: rude behavior towards staff and poor etiquette that ruins the experience for others – think work calls on speaker for all of us to hear. It’s clear that the meticulously crafted aesthetic of luxury hotels, designed for travelers that notice the details, is being undermined by the behavior of the guests themselves. I’ve talked to countless hotel operators who...
A U.S. Senate committee has proposed cutting Brand USA’s annual funding from $100 million to just $20 million — a severe cut that, if it became law, would drastically limit the organization’s ability to promote the U.S. as a travel destination. The proposal, released Thursday by the Senate Committee on Commerce, Science & Transportation, is part of the broader budget reconciliation process...
Boeing’s nightmare start to the year is about to get even more challenging. A decade-long deal between the company and its largest labor union is due for renewal in September. Talks with the Seattle-area machinists group started late last week to find a new agreement. A six-month lead time to conclude the deal might sound generous, but with the union demanding pay raises of over 40%, the process...
Deploying travel advisors with zero travel booking experience sounds like a bad idea. But travel agency Fora believes it is leveling the playing field for individuals passionate about travel to earn extra income by planning and booking trips. Skift previously reported on Fora’s ambitions to “easily recruit some 100 000” newbies to the industry after raising a total of $18.5...
Indonesia is planning to introduce visa-free entry for tourists from 20 nations, including India. The country’s tourism minister, Sandiaga Uno, has announced that the policy is in the works and it will be finalized before October this year. The move aims to boost international tourism in Indonesia, Uno said. Apart from India, Indonesia is planning to allow visa waiver to Australia, China, Japan...
Good morning from Skift. It’s Wednesday, October 23, 2024, and here’s what you need to know about the business of travel today. Listen Now Subscribe Apple Podcasts | Spotify | YouTube | RSS Episode Notes NYC Tourism + Conventions, the city’s destination marketing organization, announced on Tuesday it named Julie Coker as its next president and CEO, writes Global Tourism Reporter Dawit...
New York City’s Office of Special Enforcement says it has now decided on 90% applications from potential short-term rental hosts as part of regulations that kicked in last September. Here are the numbers it provided Skift, which are as of January 15: Approved: 1,211 – or 22% of the total applications submitted. Rejected: 897 – or 16% of applications handed in. The OSE has bounced back more than...