Sinopsis
Your daily insight into the business of travel from the industrys most trusted authority.
Episodios
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Michelin Unveils New Hotel Rating System
09/04/2024 Duración: 02minEpisode Notes Michelin is rolling out a new hotel rating system worldwide this year. The company has already awarded 24 French hotels its highest rating, “Three Keys,” writes Travel Experiences Reporter Jesse Chase-Lubitz. Michelin said it’s looking to evaluate hotels beyond basic amenities, with an emphasis on their restaurants, design and service. One key signifies a “special” hotel, two keys an “exceptional” hotel, while three keys represents “extraordinary” establishments. Michelin has bestowed the new honors on 189 French hotels, and it plans to reveal its picks for top U.S. luxury hotels later this month. Next, Spirit Airlines has announced two major changes to boost its balance sheet, writes Airlines Editor Gordon Smith. Spirit has reached a deal with Airbus to delay deliveries of some new jets by five years. The carrier said the decision is expected to improve its liquidity position by roughly $340 million over the next two years. Spirit is also planning to furlough about 260 pilots from September 1
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Solar Eclipse's Impact on Airlines
05/04/2024 Duración: 02minEpisode Notes The total eclipse that will pass diagonally across the U.S. next week is expected to boost tourism in dozens of cities. So how will it impact air travel? Reporters Meghna Maharishi and Elizabeth Casolo have answers. The Federal Aviation Administration has issued warnings about traffic possibly being higher at airports in the eclipse’s path. However, two airports run by the Niagara Frontier Transportation Authority in New York State aren’t projecting more traffic than usual. Meanwhile, one expert said it’s safe to fly in the middle of a solar eclipse, adding it’s practically no different from flying at night. United Airlines and Southwest Airlines, among other carriers, have offered flights that provide travelers a chance to see the eclipse. Next, travel technology company Amadeus announced it has agreed to an expanded partnership with Expedia, writes Executive Editor Dennis Schaal. Schaal reports Expedia will further incorporate the New Distribution Capability into its operations. The NDC e
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Brand USA Names New CEO
04/04/2024 Duración: 02minEpisode Notes Brand USA will have a new president and CEO soon. NYC Tourism + Conventions CEO Fred Dixon will lead the U.S.’ destination marketing organization starting July 15, writes Global Tourism Reporter Dawit Habtemariam. Dixon, a veteran of the travel industry, will be tasked with helping the U.S. tourism industry make a full recovery from the pandemic. Long visitor visa wait times and the U.S.’ outdated air infrastructure have posed challenges for Brand USA. Dixon comes to Brand USA after having helped NYC secure $30 million in funds to market itself after the pandemic. Next, Hilton has acquired a majority controlling interest in Sydell Group, the owner of NoMad Hotels, reports Senior Hospitality Editor Sean O’Neill. Sydell will design, brand and manage the NoMad brand while Hilton will take the lead in working to get more NoMad hotels created. Hilton expects to build up to 100 NoMad hotels. NoMad, which currently has properties in Las Vegas and London in its portfolio, will join Hilton’s rewards p
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Concur Co-Founder Acquires Direct Travel
03/04/2024 Duración: 02minSteve Singh, co-founder of travel expense management company Concur, and four firms have acquired corporate travel agency Direct Travel, writes Travel Technology Reporter Justin Dawes. Singh said the group purchased Direct Travel, one of the world’s largest corporate travel agencies, from private venture capital firm Antares Capital and other debt providers. He said they’re planning to release a platform for Direct Travel customers that combines the four firms’ technologies and services. The platform is expected to include an artificial intelligence-powered trip planner and a way to provide assistance to travelers facing disruptions. Next, Trivago has brought back members of its leadership team from the time of its IPO in December 2016, reports Executive Editor Dennis Schaal. Trivago recently named Robin Harries its chief financial officer, a move the company said completed its leadership changes. Schaal notes that four executives who left Trivago in 2020 have returned to the Germany-based hotel metasearc
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Travel Metasearch's Big Issues
02/04/2024 Duración: 03minEpisode Notes Travel metasearch sites, which enable consumers to compare hotel or flight prices from multiple vendors simultaneously, had been thriving since the early days of online travel. But the sector is experiencing a rough patch now, reports Executive Editor Dennis Schaal. Schaal writes some of the major travel metasearch players have had financial issues in recent years, noting Google has eaten into Tripadvisor’s metasearch market share. Tripadvisor’s hotel metasearch revenue grew only 7% in 2023. Meanwhile, Trivago recorded a roughly $176 million loss last year. Wells Fargo Managing Director Brian Fitzgerald said factors other than increased competition from Google have contributed to the struggles of travel metasearch companies. Hotels in particular have been able to attract more direct traffic through their loyalty programs. Next, United Airlines is offering pilots unpaid time off in May due to delivery delays with Boeing jets, writes Airlines Reporter Meghna Maharishi. The carrier said its proj
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Airbnb Makes Changes to Its Cancellation Policies
29/03/2024 Duración: 02minEpisode Notes Airbnb will introduce a new cancellation policy in June that will cover weather-related disruptions, reports Executive Editor Dennis Schaal. Airbnb’s “Major Disruptive Events Policy” would enable guests to cancel reservations and receive refunds when a natural disaster causes government travel restrictions or mass outages of utilities, such as electricity or water. Airbnb’s new policy would allow guests to cancel reservations mid-trip during a covered event. However, the short-term rental giant explicitly said its new policy would not cover Covid-19 or flu outbreaks. Next, Marriott Vacations Worldwide has launched its first collection of timeshares in cities, a sign of the increasing demand for timeshares outside of resort locations, writes Senior Hospitality Editor Sean O’Neill. The Marriott Vacation Clubs City Collection has properties in seven U.S. cities, including Boston, New York and San Francisco. While city timeshares will still be the minority of the group’s portfolio, executives s
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Google Unveils New AI-Powered Travel Tools
28/03/2024 Duración: 03minEpisode Notes Google is launching several new artificial intelligence-powered tools to help travelers plan trips, writes Travel Technology Reporter Justin Dawes. The new tools will allow Google Search to create itineraries based on prompts from users. Dawes reports users can search for a trip itinerary, and they’ll see flight and hotel options as well as suggestions for attractions and dining. Google said the AI tools use information appearing online and reviews that users post about businesses. Google is also enhancing its Maps app to provide users more details about certain destinations in the U.S. and Canada. Next, the U.S. State Department will receive $50 million to help it cut visa wait times and passport backlogs, writes Global Tourism Reporter Dawit Habtemariam. President Joe Biden recently signed a bill into law that would provide the department more resources to tackle lengthy visa wait times, one of the travel industry’s most pressing issues. The average wait time for a first-time visitor visa
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How Hilton Got So Big
27/03/2024 Duración: 03minEpisode Notes Hilton has built the largest pipeline of hotels in its history, an achievement CEO Chris Nassetta attributed to the power of the group’s brands. Nassetta touched on Hilton’s pipeline growth and more in an interview with Senior Hospitality Editor Sean O’Neill. Hilton has also seen membership growth in its loyalty program surpass that of its rivals in the last five years. Nassetta cited partnerships Hilton has entered into and improvements in the program’s app as reasons for the membership boom. He also addressed Hilton’s work to reduce carbon emissions in its franchised hotels. Next, Breeze Airways announced it’s launching a co-branded credit card and re-branded loyalty program, writes Airlines Reporter Meghna Maharishi. Chief Commercial Officer Lukas Johnson said Breeze was eager to launch the co-branded credit card as part of its effort to revamp its loyalty program. The credit card, in partnership with Barclays, would allow customers to earn 10 times the points for checked baggage and premi
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The New Business Travel Mega Merger
26/03/2024 Duración: 03minEpisode Notes Amex GBT announced plans on Monday to acquire CWT for $570 million, a deal that would combine two of the world’s largest corporate travel agencies. Travel Technology Reporter Justin Dawes explains why Amex GBT executives are pushing for the megadeal. Amex GBT CEO Paul Abbott said acquisitions are a key part of its growth strategy, noting the combined company would generate revenue of at least $3 billion. Abbott added acquiring CWT would strengthen several areas of Amex GBT, citing CWT’s footprint in industries such as the media, entertainment and sports. In addition, Amex GBT also said the acquisition would help produce savings of $155 million within three years. Next, Boeing’s senior leadership team is undergoing a major overhaul. CEO Dave Calhoun announced he’s leaving the role at the end of the year, writes Airlines Editor Gordon Smith and Airlines Reporter Meghna Maharishi. In addition to Calhoun stepping down, Commercial Airplanes Division CEO Stan Deal is retiring while board chair Lar
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Hilton Investor Day's Main Takeaways
22/03/2024 Duración: 03minEpisode Notes Hilton recently held a private presentation for investment analysts at its U.S. headquarters. Senior Hospitality Editor Sean O’Neill lists the three biggest takeaways from the presentation’s 223 slides. First, Hilton claims the world’s largest hotel pipeline. The company said it controls about 20% of the rooms under construction worldwide. Hilton added its loyalty members are responsible for 64% of its total room nights booked, which it claims is an industry high. The company said it’s aiming to get that number up to 75%. In addition, Hilton said it’s increasing its investment in technology to help sell more ancillary services to guests. Only 13% of its bookings include these upsells. Next, United Airlines will allow friends and family to create joint accounts for pooling frequent flier miles through its loyalty program, writes Airlines Reporter Meghna Maharishi. Any adult United MileagePlus user can be “pool leader” and create a joint account on United’s website. United MileagePlus Chief Ope
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India Could See a Lifestyle Hotel Boom
21/03/2024 Duración: 02minEpisode Notes Ennismore co-CEO and founder Sharan Pasricha believes India is a sleeping giant in the lifestyle hotel sector, writes Middle East Reporter Josh Corder. Pasricha told Senior Hospitality Editor Sean O’Neill at the Skift India Summit on Wednesday that the new wave of lifestyle hotels could be in India. Ennismore currently doesn’t have any hotels in India in its portfolio. But Pasricha said that could change as soon as this year, citing India’s growing middle class and infrastructure improvements as reasons why lifestyle hotels could thrive in the country. Next, Eric Garcetti, U.S. Ambassador to India, is eager to see U.S. travel demand for India increase, writes Travel Technology Reporter Justin Dawes. Garcetti told Skift CEO and founder Rafat Ali at the Skift India Summit that Americans don’t know India as well as Indians know the U.S. Garcetti said a lot of work needs to be done to promote India as a tourism destination. But he noted India’s tourism infrastructure has gotten a boost from the gr
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India’s Booming Travel Market
20/03/2024 Duración: 02minAir India has major goals. CEO Campbell Wilson is looking to turn the company into a “top-tier and world-class airline” after decades of underinvestment by Indian officials, writes Airlines Reporter Meghna Maharishi. Wilson discussed Air India’s strategy during a discussion with Asia Editor Peden Doma Bhutia at the Skift India Summit today. The company has undergone a major overhaul in recent months that includes new business class cabins and a new logo. In addition to going on a major hiring spree, Air India has also recently placed an order for 470 aircraft — one of the largest orders in commercial aviation. Next, the CEOs of India’s two largest online travel agencies said they’re not at war with each other. But they acknowledged they’re in a race to take advantage of India’s huge potential for growth, writes Middle East Reporter Josh Corder. MakeMyTrip CEO Rajesh Magow said at the Skift India Summit that there’s room for multiple competitors in the sector considering the huge size and potential of Indi
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India’s Weddings Are Big Business for Travel Brands
19/03/2024 Duración: 03minEpisode Notes Indian weddings are a billion dollar business — and not just in India. Asia Editor Peden Doma Bhutia delves into the increasingly lucrative phenomenon. Bhutia writes Indian weddings aren’t just celebrations — they’re massive economic engines. The roughly 3.5 million couples that got married in India between November 23 and December 15 last year spent about $57 billion on wedding-related expenses. Meanwhile, the more than 900 weddings Marriott hosted in India last year generated close to 10% of its revenue in the country. Bhutia cites Thailand and the United Arab Emirates as destinations eager to attract wealthy Indians looking to get married. A Thai tourism official said the country hosts between 400 and 500 Indian weddings annually. Next, United Airlines CEO Scott Kirby has sought to reassure travelers after a spate of recent mishaps aboard United flights, writes Airlines Reporter Meghna Maharishi. Kirby sent a memo to customers on Monday stating that United is working to improve safety. Un
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State Tourism Boards Relying More on Instagram and YouTube
15/03/2024 Duración: 02minEpisode Notes The growing push to ban TikTok in the U.S. has raised questions about how travel brands would market themselves without the popular app. Global Tourism Reporter Dawit Habtemariam writes several state tourism offices have already directed more resources toward Instagram and YouTube. Habtemariam notes Visit Utah has increased its investment in Instagram Reels after Utah’s governor banned state government agencies from using TikTok in 2022. Katlyn Svendsen, an executive at Travel South Dakota, said the state took a similar approach after South Dakota enacted its own state government ban on TikTok that year. Svendsen said the agency has had success reaching audiences on platforms such as Instagram Reels and YouTube Shorts. Next, business travel could make a full recovery from the pandemic in 2024, writes contributor Justin Bachman. Business travel is expected to hit 95% of 2019 levels this year, according to the U.S. Travel Association. However, some major corporations could send more staff on th
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Visa-Free Travel Becomes More Common
14/03/2024 Duración: 03minEpisode Notes Skift on Wednesday unveiled its newest venture: Executive Search. The aim: Address the growing demand for skilled and visionary leaders within the travel sector. The people we place will define the future of travel. Skift has helped thousands of travel industry leaders establish connections at our events throughout the years, often indirectly acting as a recruitment firm. The Executive Search unit is the next step in assisting companies looking not only to acquire talent but better understand prospective candidates. We turn next to the growing push to ban TikTok in the U.S. Although it’s uncertain the U.S. government will enact such a measure, Global Tourism Reporter Dawit Habtemariam breaks down how a TikTok ban would impact the U.S. travel industry. U.S. lawmakers have expressed concerns over China's government having access to personal data of American citizens, with TikTok being owned by a Chinese company. Habtemariam notes a ban on TikTok would disrupt the global travel industry as many t
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The Solar Eclipse Tourists Will Gather in April
13/03/2024 Duración: 03minEpisode Notes A total solar eclipse will pass diagonally across the U.S. on April 8, a development that’s poised to spark a tourism surge. So are destinations prepared to take advantage of the visitor boom? Global Tourism Reporter Dawit Habtemariam examines the issue. The eclipse will cross the country from the south to the east, touching roughly a dozen states. Habtemariam cites Niagara Falls, New York as one destination expecting to see large crowds for the eclipse. A local tourism executive said the region is expecting 1 million visitors. In addition, domestic flight bookings for cities where viewers can see the full eclipse have increased fourfold from April 1 to 7 last year. However, Habtemariam notes communities will have set aside massive resources to serve the large number of projected visitors. One Texas country has already declared a state of emergency ahead of the eclipse due to concerns about the impact on local infrastructure. Next, airlines went on a hiring spree after the pandemic to address
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Airbnb Is Turning Off Hosts’ Cameras
12/03/2024 Duración: 03minEpisode Notes Airbnb announced on Monday it’s banning the use of all indoor security cameras, writes Short-Term Rental Reporter Srividya Kalyanaraman. The company said the change comes after it received feedback from guests, hosts and advocacy groups. Indoor cameras had been permitted in common areas of homes under certain conditions, but the cameras had to be disclosed to guests and not be in private spaces. Hosts not complying with the new policy by April 30 could see their listings or accounts removed. Next, Saudi Arabian officials believe its latest tourism campaign featuring soccer icon Lionel Messi can help it overcome negative perceptions, writes Global Tourism Reporter Dawit Habtemariam. Fahd Hamidaddin, CEO of the Saudi Tourism Authority, addressed the kingdom’s efforts to increase visitor numbers in an interview with Skift. Saudi Arabia recently launched a campaign titled “Go Beyond What You Think” in which Messi attempts to break down stereotypes about the country. Hamidaddin said thus far the cam
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TikTok Is Coming for Travel
08/03/2024 Duración: 03minEpisode Notes Millions of travelers look to TikTok for help in planning their next trip. So we discussed the company’s influence in the travel industry, among other topics, with Stuart Flint, head of TikTok’s global business solutions for Europe and Israel. Flint told Global Tourism Reporter Dawit Habtemariam that several major travel brands are working with TikTok, including Booking.com. Although TikTok doesn’t currently allow travelers to book directly on the platform, Flint acknowledged that could change as commerce is a huge part of its growth. He also addressed TikTok’s role in the growing trend of “travel dupes,” which are possibly cheaper and less crowded alternatives to popular destinations. Next, United Airlines is putting a pause on pilot hiring in the spring due to aircraft delivery delays from Boeing, writes Airlines Reporter Meghna Maharishi. New-hire classes won’t take place in May and June while some may resume in July, according to a staff memo. The memo cited new aircraft certification and
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Tripadvisor's Possible Sale
07/03/2024 Duración: 02minEpisode Notes Speculation has been rife about what company could be behind the possible sale of Tripadvisor since the news first broke last month that it was in play. Executive Editor Dennis Schaal writes about recent reporting that one possible buyer is private equity firm Apollo Global Management. Apollo has expressed interest in a bid , according to Bloomberg. Schaal notes that Apollo’s exploration of any purchase is believed to be in an early phase. Tripadvisor has formed an independent committee to vet any offers, which analysts and travel industry insiders believe will come from private equity firms. Tours and activities leader Viator is the fastest-growing in Tripadvisor’s portfolio of brands. In speaking to travel industry insiders, most agreed that buying Tripadvisor and then selling Viator made the most sense. Next, the alleged rape of a Brazilian tourist in India has raised questions about whether the country is safe for female tourists, reports Asia Editor Peden Doma Bhutia. Bhutia writes the in
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American Airlines Focuses on Smaller Cities and Loyalty Programs
06/03/2024 Duración: 03minAmerican Airlines is changing its strategy. The company is turning to smaller U.S. cities and its loyalty program to boost revenue, writes Airlines Reporter Meghna Maharishi. American Chief Commercial Officer Vasu Raja cited the Sun Belt region as a location the carrier is focusing on. The region has accounted for 75% of U.S. population growth in the past decade, according to U.S. Census data. American’s focus on smaller U.S. cities lies in contrast to rivals like Delta and United, which have chosen to emphasize capacity across long-haul international routes. American is also looking to increase membership in its frequent-flier program. Roughly 65% of the company’s revenue came from members of its AAdvantage program. Next, Airbnb is poised to unveil a new series of non-core services as part of its quest to become a “super brand for travel,” reports Executive Editor Dennis Schaal. Airbnb is looking to expand co-hosting, a service some homeowners use to manage their listings if they don’t want to do it them