Skift Take Accor does not wish to own real estate, however it does want to throttle ahead with growth in the way of life hotel sector– where many of the staying independent operators own their real estate. A SPAC can help Accor balance this kind of dispute in future acquisitions. Cameron Sperance Accor is the most recent business to dive into the unique purpose acquisition business, or...
Because the pandemic started, Lufthansa and other airlines have actually been desperate to get consumers back in the air. But they have actually been trying to restore travel without having faithful consumers redeem miles for free flights– a practice that’s less financially rewarding than encouraging travelers to redeem miles for non-flight rewards rather. One of Lufthansa...
Today, travel startups announced more than $78 million in financing. >> Canary Technologies, which builds software to assist hotels enhance operations and success, has actually closed a $15 million Series A financing round. F-Prime, which is associated with Fidelity Investments, led the round. Read this week’s Skift profile of F-Prime. Y Combinator (an accelerator that assisted to catapult...
Skift Take National park and rural authorities in France have absorbed lessons from domestic overtourism during the pandemic. Dawit Habtemariam France’s national parks and countryside towns are implementing systems and techniques to manage the circulation of traffic in the middle of the summer season travel boom. During the pandemic, locals flocked to France’s parks and countryside, a...
Skift Take Part of Expedia Group’s long-running profit margin gap with Booking Holdings has been structural, but a significant piece of it has been inefficiencies. Expedia’s Peter Kern is looking to bridge the great divide, but the outcome is far from assured. Dennis Schaal, Skift It’s been a perennial handicap in the competition between Expedia Group and Booking Holdings — Booking...
Skift Take Hotels understand that thoroughly addressing their employees’ psychological health not only helps them maintain personnel, however goes a long method in cultivating a happy workforce more likely to improve the visitor experience. Carley Thornell Vianel Filpo, general supervisor at Turks and Caicos Collection, a group of luxury resorts, will never forget the day he found a staff...
Skift Take This is great news for America’s travel organizations that their largest market body will lead on sustainability and push for the best policies to be in place to green the future of U.S. travel. Lebawit Lily Girma The travel industry need to be at the forefront of the push for sustainability and the U.S. Travel Association said on Thursday that it plans to lead that effort...
Skift Take In a spat with parallels to U.S. airlines several years ago objecting to governmental aid to Gulf carriers, Ryanair will deal with the uphill fight of trying to obstruct the Italian federal government’s funding of a brand-new airline, Italia Trasporto Aereo. Dennis Schaal Ryanair will appeal versus funds provided to the government-owned Italian airline company that will change...
Skift Take New York City tourist recovered after the horrific attacks of 9/11, and it will do so once again after the pandemic. Possibly the present four-year projection for the recover of international travel is too conservative. Dennis Schaal New York has introduced its largest tourism advertising campaign in history. John F. Kennedy International Airport bustles once again with foreign...
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In Skift’s top stories today, Airbnb believes its rivals have the travel marketing funnel all incorrect, hostel brand Generator is targeting cities doing not have inexpensive hostels and Tunisia is expanding its tourism branding with aid from the U.S.
Allison Armijo