Skift Take
In Skift’s top stories this week, Chase pushes further into travel as a commerce classification, investors see Instagram as a larger platform for selling travel, and Qatar may be forced to focus on World Cup fans over other visitors.
Mary Ann Ha
Throughout the week we are publishing original stories night and day covering news and travel trends, including on the impact of coronavirus. Every weekend we will use you a possibility to read the most vital stories once again in case you missed them previously.
Chase to Launch Consumer Travel Portal; Claims Top 5 U.S. Travel Company With $8 Billion in Sales: Chase is doubling down on travel as an aspirational commerce category for its customers, with giant numbers to support its aspirations. Anticipate some more travel M&A by these banks.
Why Hotels Ought To Be Anxious Now About Looming Stagflation: Stagflation, or a mix of slow development and high costs, would be an unknown crisis. Even the shrewdest hotel executives and investors would need to be on guard.
Inflation Be Damned as Companies Motivate Travel No Matter What: Bottled-up demand seems to be trumping any worries that services may have more than increasing travel expenses, which isn’t your normal pre-pandemic trait. However a clash with tourists this summer might put the brakes on costs.
Hopper and Expedia’s Vrbo Partner on Global Vacation Leasings: Hopper is deploying an oft-used playbook for getting its houses’ company started. However a cancel-for- any-reason feature, still in advancement, might include a twist.
History of Short-Term Rentals Filled With Arrogance and Missed Opportunities: The phrase “listen to the client” is a cliche. But in the early days of the getaway rental company, the wise move was to listen to what the market was saying instead of force feed it the reverse.
Is Instagram the New Google for Travel? These Startups State It Is: Startups like Tripscout, which just raised $10 million in venture capital, and Curacity state Instagram is the Next Huge Thing in offering travel, much as Google was in the 2000s. Business like TripAdvisor were constructed mostly on their expertise at search marketing. Financiers are betting that a company like these will be next.
Qatar May Offer Preference to World Cup Ticket Holders Over Other Tourists: At a time when every location on the planet is throwing its doors open up to foreign travelers, accommodation-strapped Qatar might need to deny entry to ticketless tourists when the World Cup kicks off in the nation in November.
Hotels Aim To Reduce Guest Tension Beginning With the Journey to Arrive: Tourists are prepared to experience again, but they simply might not be prepared for the pitfalls of getting to their destination. Hotels are enhancing health, relaxation, and convenience in anticipation of those often-rocky journeys.
Discounts on Last-Minute Short-Term Rentals Might Be the Next Big Thing: Whether it’s via Whimstay or others, the Hotwire-like selling of last-minute inventory for trip rentals is predestined to find a role in this extremely hot sector.
Global Tourist Must Face These 3 Consumer Moves in Its Sustainability Push: Tourists are hitting the roadway and the skies again in droves, however their mindsets and habits have changed. How will the market take on the long-lasting impact of those changes, beyond surface ramifications? Sustainability conversations still stay far too lofty, far too slow in options, and far too focused on the outdoors visitor.