Airbnb co-founder Joe Gebbia, who saw his role diminished in recent years, announced he will “step back” from his “full-time operating role” at the company. Gebbia, 40, who co-founded the company with Brian Chesky and Nate Blecharczyk in 2008 in San Francisco, will remain on the board and continue to serve on the non-profit Airbnb.org. He was reelected to the Airbnb board...
Here’s a sampling of what the Daily Lodging Report provided to its readers this past week. If you’re not a subscriber, you should be. Don’t wait. Sign up now here. Sunday, March 27 Hyatt Hotels announced they are terminating their association, contracts and relationships with Hyatt Regency Moscow Petrovsky Park in order to comply with sanctions and government directives. Meanwhile over at Skift...
Spirit Airlines said Friday it had entered into an agreement to extend the deadline to refinance some of its debt. In a regulatory filing, Spirit said the deadline would be extended from October 21 to December 23. The budget carrier was facing an October 21 deadline on renegotiating an agreement with the U.S. National Bank Association related to processing certain payments made to it via Visa or...
Good morning from Skift. It’s Thursday, August 1. Here’s what you need to know about the business of travel today. Listen Now Subscribe Apple Podcasts | Spotify | YouTube | RSS Episode Notes Marriott executives are optimistic they’ll see growth throughout the year despite emerging headwinds, writes Senior Hospitality Editor Sean O’Neill. CEO Anthony Capuano said the company saw strong travel...
Airlines
Southwest Airlines Flights to Be on Expedia
The move marks another major shift for Southwest, which had long resisted online travel agencies and encouraged direct bookings as a way to boost customer loyalty.
Meghna Maharishi | 15 hours ago
British birdwatcher Harriet Babeo arrived at Cuba’s Bay of Pigs earlier this week and promptly racked up 80 species for her list including the world’s smallest hummingbird and the elusive red, white and blue Cuban trogon, rarities found only the island. Far more challenging, she told Reuters, was hunting down a few liters of gasoline for her group’s rental car...
After finishing up a strong third quarter, Booking Holdings upped its outlook for the full year, pointing to strength in room nights, alternative accommodations, flights, AI, Europe and Asia. Its share price was up more than 6% in after-hours trading Wednesday evening. The company’s alternative accommodations’ room nights outpaced Booking’s core hotel business – 14% growth for...
Skift Take In this video from Skift Global Forum 2024, Daniel Hostettler of Boca Raton discusses the transformation of luxury hospitality, highlighting the shift towards personalized experiences, the integration of technology to enhance guest interactions, and the strategic rebranding efforts of the Boca Raton resort. — The Boca Raton This sponsored content was created in collaboration with a...
This sponsored content was created in collaboration with a Skift partner. The UAE and much of the Middle East have set their sights on significant tourism growth. The country aims to increase hotel guest numbers from the 14.3 million who stayed in 2022 to 40 million by 2031, with construction surging ahead to create 235,000 rooms by that date. A major driver of this momentum is the unified...
Dubai Tourism CEO Issam Kazim joked that Dubai is an Indian city. Speaking at Skift India Summit 2024 on Wednesday in Gurugram, India, Kazim had a point. Dubai and India are closely linked when it comes to Indians living in Dubai, as well as cultural and travel ties. Much of Dubai’s modern success as a tourism hub grows out the many Indians choosing to stay there. Since 2015, India has...