Skift Take Boeing’s obstacles produce an uncompetitive environment offered the current state of the aircraft-manufacturing duopoly. And Boeing’s concerns seems formidable. Dennis Schaal Boeing needs to get its house in order. That was the message from Steven Udvar-Házy, executive chairman of Air Lease Corp., who said his company has lost some $500 million in income because of the...
Skift Take After shutting down or offering eight services– a few of which were relatively inconsequential– since the beginning of 2020, Expedia Group doesn’t expect any more such possession dispositions as part of its drive to make the company easier and more focused. But selling brands may end up being the easiest part of the exercise. Dennis Schaal, Skift There are a lot of...
Skift Take Water Hospitality is a Korean start-up that acquired traction in Japan and now prepares to use its hotel and vacation rental management services in other markets. If you can make it in Osaka, you can make it anywhere. Sean O’Neill, Skift This week, travel start-ups revealed more than $46 million in funding. >> H2O Hospitality, a business that handles travel accommodation on...
Skift Take Four days straight of flight cancellations is scaring Wall Street, which discarded its travel holdings on Monday as new uncertainty go back to the market. Tom Lowry Shares of U.S. airline companies and other travel-related companies fell on Monday as increasing Omicron cases and weather-related problems forced the cancellation of hundreds more flights, leaving travelers stranded across...
Skift Take Some metasearch sites have lost a bit of marketing appeal for advertisers. More brand marketing and Google are likely among the factors behind the trend. Dennis Schaal Travel metasearch sites such as Trivago and Tripadvisor fell considerably short of pre-pandemic 2019 revenue levels in 2022 while travel companies in other sectors, such as Airbnb in short-term rentals, and tours and...
Skift Take As Airbnb allows larger houses listed on the platform to be scheduled to full occupancy, it plainly comprehends that the ‘parties and occasions permitted’ search filter would have to go. Peden Doma Bhutia Airbnb Inc said on Tuesday it will make irreversible its restriction on parties in homes listed on its platform after seeing a sharp drop in reports of unapproved events...
Sean Donohue, the CEO of Dallas-Fort Worth International Airport, has seen his airport make a significant rebound from the pandemic, becoming the world’s No. 2 in terms of passenger count. Donohue explained at the recent Skift Aviation Forum how DFW parlayed its strengths, including its location in a fast-growing region, into a rapid recovery. Donohue also discussed DFW’s digital transformation...
Skift Take Integrated conversational AI has immense potential to transform travel search, planning and reservation. See our CEO break down how search and reservation engines need to step up on innovation. Sherry Sun The boom of conversational AI is making many brand-new possibilities dreamt of for decades finally possible. The technology today is 100 percent there, what matters is whether, or...
Skift Take Shouldn’t Booking.com have introduced flights at least a years back? In retrospect, yes, today it is making up for wasted time, and the benefit could be significant. Dennis Schaal Live now in 27 nations, flights on Booking.com, which avoided them for several years in favor of hotels, is suddenly an essential part of Booking Holdings’ technique, and a source of growth...
Skift Take The winner of the Chilean governmental election needs to make the process of visiting the country much easier for prospective travelers. The 5th biggest economy in South America is taking a big hit from the lack of travelers from financially rewarding source markets like neighboring Argentina. Paula Krizanovic Chile was preparing yourself for the summertime season and the chance to...