Skift Take The sale to VICI Residences is the latest example of MGM Resorts following the hotel industry’s “asset-light” organization design and going back from real estate ownership. A few of the business’s greatest landmark resorts, like the Bellagio, have already been sold off to Blackstone. Cameron Sperance Casino operator MGM Resorts said on Wednesday it had actually...
Skift Take More indications of Omicron subsiding. Thai authorities are mulling whether to drop quarantine requirements yet again for vaccinated travelers going into the nation. Tom Lowry Thailand is thinking about bringing back a quarantine waiver for vaccinated visitors, its health minister stated on Monday, as part of a proposed alleviating of some COVID-19 procedures later on this week...
Skift Take This was the year of the travel IPO with 10 market debuts. But a minimum of 10 more travel business are most likely to go public in 2022. Investors, regardless of disappointing Covid obstacles, continue to bet on the long-lasting strength of the travel industry. Sean O’Neill This year set a record for travel business going public or revealing they will go public, setting up 2022...
Overtourism has been blamed for, among other things, accelerating environmental degradation, driving up rents for local residents, and overwhelming infrastructure. But there is a powerful group that is emerging to play a leading role in the fight against overtourism post-pandemic: travel advisors. As people are getting back on the road in large numbers, travel advisors have increasingly become...
Skift Take In the meantime, masks for everybody is the simplest, safest, and most effective method to fly large groups of individuals. A plan like this would need more lines and screenings or need passengers and airline company workers to trust one another– and trust remains in brief supply in the U.S. today. Jason Clampet A group of Senate Republicans prompted the Centers for Illness...
Skift Take We’re excited to be coming back with more hybrid occasions with this robust calendar of forums and tops in 2022. In addition to the return of our Megatrends and Europe Online forum, we will be launching two new events: a Lodging Summit in May, and a Middle East Global Online Forum in December. Rafat Ali As we look ahead with optimism to take a trip’s recovery in the coming...
Skift Take Whether it’s the political divide over requireds, or a just a convenience level with 90 percent of its staff members immunized now, Disney is drawing back on requireds at its showcase Orlando, Florida, park. Will it start to chill out at its other theme park, too? Tom Lowry Disney World near Orlando, Florida, run by Walt Disney Co, has actually put its COVID-19 vaccination...
Skift Take By acquiring Argentinan supplier Whyline, Clear is doubling down on innovation that permits travelers to reserve an area in line when they sign in for their flight. This “virtual queueing” tech might be used outside of airports, too, such as at attraction parks, in conference places, and on cruise liner. Sean O’Neill Clear, the airport screening and biometric identity...
Skift Take Good morning from Skift. It’s Friday, March 4, in New York City City. Here’s what you need to know about business of travel today. Rashaad Jorden Today’s edition of Skift’s day-to-day podcast focuses on the travel business that are distancing themselves from Russia, the almost post-pandemic practices of U.S. tourists, and a massive obstacle for Russian airlines...
Skift Take Twice the monetary discomfort is a good concept but prohibiting non-vaccinated tourists, at least throughout the existing rise in the U.S., is an even better one. Jason Clampet The Transportation Security Administration (TSA) is doubling fines for newbie wrongdoers who stop working to wear masks, effective Friday, and stated repeat offenders might face fines as high as $3,000. The...