Skift Take The American vaccination program has been so successful that the unthinkable even a few months back has actually happened. A lot for competence. Rafat Ali, Skift Lastly some relief for the much maligned American tourist after a year of being the bane of the world: immunized Americans will be enabled into European Union nations beginning this summertime, according to Ursula von der...
Skift Take Seizing smart, tactical chances coming out of the pandemic is leading of mind at Hyatt, naturally. But the Chicago-based business shouldn’t expect any deals in its potential European brand name hunt. The competition is too strong. Cameron Sperance Hyatt is almost back to success and planning a go back to a pre-pandemic growth target. The Chicago-based hotel company, which...
Skift Take Devastating news for many vacation hotspots that would have welcomed Americans with open arms this season. Matthew Parsons The U.S. Centers for Disease Control and Prevention (CDC) cautioned on Monday versus travel to Greece, Ireland, Iran, the U.S. Virgin Islands and other locations due to the fact that of an increasing number of Covid-19 cases in those locations. Other locations...
Skift Take This is more of a symbolic than substantive win for U.S. hotels. That said: growth is growth, and operators should be happy. Cameron Sperance U.S. hotel operators have reason to celebrate, but they shouldn’t get too cocky with this performance win. Revenue per available room — the hotel industry’s key performance metric — was up 5.7 percent last week from the same period in 2019...
Skift Take The Delta variation has set the travel recovery back with most U.S. airline companies eating modest pie after overly rosy outlooks in July. With business travel recovery delayed a minimum of 3 months, the industry intends to counter the tide of problem with some possible year-end, holiday cheer. Edward Russell, Skift The U.S. airline industry has rotated en masse far from what has...
Skift Take A cooled-off building market for hotels in the U.S. offers owners an opportunity to charge even greater rates during the recovery thanks to less provide in the market. But Marriott needs to show shareholders indications of development. Hello, Asia and Europe. Cameron Sperance The world’s largest hotel company has its eyes set on gobbling up international market share. Marriott...
Skift Take 4 Seasons intensified its advancement pipeline in the twenty years John Davison has been at the company in a variety of roles. The company’s brand name awareness and brand-new ownership structure ought to make this CEO search much easier than its last time around. Cameron Sperance The president at one of the world’s fastest-growing, ultra-luxury hotel business is set to...
Skift Take Who understood that 2021 would be the year of travel IPOs? Sean O’Neill, Skift Ixigo, an online travel and transit booking app, has actually filed papers with Indian regulators to raise $200 million (1,600 crore rupees) via an intital public offering. The Gurgaon-based online travel business on Thursday exposed its plan to issue new shares worth almost $100 million (750 crore...
Skift Take In this recent webinar, Braze and Skyscanner explored traveler patterns to reveal how brand names and operators can place consumer requirements front and center, build relationships in a time of unpredictability, and focus on individualized interactions that will motivate lifelong loyalty and trust. Braze Braze and Skyscanner recently joined Skift for a presentation and panel...
Native tourist had been growing significantly pre-pandemic, increasing by 180 percent between 2007-2017 in the U.S., while in Canada it was surpassing total tourist development by almost 24 percent. The pandemic predictably stunted that development, however it also disproportionately affected the sector and Native neighborhoods and small businesses in North and South America. However the ongoing...