Skift Take A lot of Indians are waiting a long time to visit the U.S. Eric Garcetti wants to generate the same excitement in U.S. travelers about visiting India. Justin Dawes There’s a big demand from Indian tourists to visit the U.S., but there’s not as much demand the other way around. Eric Garcetti, U.S. Ambassador to India, thinks that’s starting to change — and he’s pushing to enhance demand...
Skift Take One challenge for struggling travel SPACs beyond their stock prices is to create something new that’s truly valuable to their customers. Booking.com did just that years ago, although others have caught up in the interim. Dennis Schaal Reverse stock splits are almost never a good sign and companies have a tough time recovering. They do it when their shares are in the basement and...
Skift Take Nujuma opens next month as one of the most expensive hotels in Saudi Arabia. Josh Corder Marriott International has dressed one of its top general managers as Lawrence of Arabia to promote its new resort along the Red Sea. Nujuma, A Ritz-Carlton Reserve is expected to be the most expensive hotel ever operated in Saudi Arabia – commanding rates of more than $3,400 a night when it opens...
Skift Take Here’s what our 10 year anniversary means to the folks behind the magic. The Skift Dream Team. Rafat Ali As we celebrate our 10 years at Skift, while we have become amongst the most influential industry forces in the global travel sector, I have been reflecting on what it means to build a small AND mighty team that delivers on the promise, day in and day out. Originally three of...
Skift Take China’s opening up, but if the airlines don’t step up their flight game, we might be looking at even crazier airfare hikes with all these eager travelers. Peden Doma Bhutia China has simplified entry rules for U.S. citizens visiting the country on tourist visas. Starting January 1, tourist visa applicants in the U.S. will no longer be required to submit proof of round-trip air...
Skift Take Travelzoo could gain a new set of customers if its metaverse project truly takes off. For now, its investment is modest, though. Dennis Schaal Deal publisher Travelzoo plans to launch a subscription-based travel metaverse in September as a way to reach new customers. The Travelzoo Meta, which began testing in May with a limited set of users, “will be browser-enabled entertaining travel...
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A Packed Agenda at Skift Global Forum East in Dubai
Backed by Skift’s editorial expertise, Skift Global Forum East returns to Dubai on November 19-20 to gather travel leaders and industry experts as we explore the key global trends across travel, including insights from those in tourism, hospitality, aviation, experiences, and more.
Brian Quinn | 12 hours ago
Skift Take Stephen Scherr, the former Goldman Sachs chief financial officer, has already put a stake in the ground with a new order for 65,000 electric cars from Sweden’s Polestar. But can he help fix Hertz so soon after its exit from bankruptcy? Matthew Parsons Stephen Scherr, the new CEO of car-rental firm Hertz, has downplayed the challenge of taking over the helm of a company that only...
In the latest episode of the Skift Ideas Podcast, Colin is joined by Harry Jameson, CEO of Pillar Wellbeing, a service provider targeting sophisticated, health-curious individuals who wish to optimise today and future-proof tomorrow through the three core ‘pillars’ of Movement, Nourishment and Recovery. Harry has over 18 years’ experience in the fitness & hospitality industries, having...
Skift Take Want to develop a hotel? Think beyond just room revenue. Money talks, and more investors like CGI want to see increased emphasis on social issues and sustainability going forward. So-called ESG is no longer a side thought. Cameron Sperance Environmental and social issues are finally getting more recognition in the hotel investment arena, but it all comes down to location. ESG — or...