Good morning from Skift It’s Thursday, December 17, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. There is no end in sight for Cathay Pacific’s troubles, as the Hong Kong-based carrier grapples with an almost complete collapse in passenger traffic.
Good morning from Skift It’s Wednesday, December 16, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The global hotel industry continues to expand its footprint, even in the worst year on record for travel demand.
Good morning from Skift It’s Tuesday, December 15, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Travel may start to rebound in the months ahead as effective Covid vaccines are distributed and administered. That should mean the airline industry can breathe a sigh of relief — but not so fast, the industry says.
Good morning from Skift It’s Monday, December 14, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. It's a rough time to work for an airline. In the single largest monthly employment drop since September 1990, U.S. airlines let go of nearly 37,000 people in October, new data from the U.S. Bureau of Transportation Statistics shows.
Good morning from Skift It’s Friday, December 11, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Airbnb, the longtime travel unicorn almost left for dead when its homesharing business nosedived in March, executed an initial public offering on Thursday of near-mythical proportions, writes Executive Editor Dennis Schaal.
Good morning from Skift It’s Thursday, December 10, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Airbnb is an increasingly formidable player in the hospitality sector, but with its rapid growth came critiques that the company risked losing its "live like a local" ideology and soul.
Good morning from Skift It’s Wednesday, December 9, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. For the first time since its founding, a woman is vying for the post of secretary general of the United Nations World Tourism Organization for the 2022-2025 term.
Good morning from Skift It’s Tuesday, December 8, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. A coming together of two software titans will not only impact the way most companies do business in the future, it could redefine how they manage and book their travel, writes Corporate Travel Editor Matthew Parsons.
Good morning from Skift It’s Monday, December 7, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The U.S. hotel sector continues to see falling unemployment the further it gets from the peak summer travel season. But winter is coming — and not many are rejoicing, writes hospitality reporter Cameron Sperance.
Good morning from Skift It’s Friday, December 4, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. European low-cost carrier Ryanair placed an order for 75 Boeing 737 MAX aircraft, a signal of faith in the jet despite its remaining grounded in Europe.
Good morning from Skift It’s Thursday, December 3, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The hotel industry’s coronavirus relief holiday wish list has a good chance of getting fulfilled, no matter what kind of stimulus bill passes in Washington.
Good morning from Skift It’s Wednesday, December 2, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today.
Good morning from Skift It’s Tuesday, December 1, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. When tourism came to an abrupt halt in March, destination marketing organizations saw their primary revenue stream — a percentage of lodging taxes or “bed taxes” — tumble overnight.
Good morning from Skift It’s Monday, November 30, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Accor and Ennismore’s combined lifestyle hotel division announced last week isn’t meant to flood the world with trendy hotels.
Good morning from Skift It’s Wednesday, November 25, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Europe-based hotel giant Accor continued its focus on lifestyle brands Tuesday with plans to join forces with Ennismore, the owner of Hoxton Hotels.
Good morning from Skift It’s Tuesday, November 24, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Amtrak boss Bill Flynn isn't the only travel CEO steeling themselves for a wretched Christmas.
Good morning from Skift It’s Monday, November 23, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The data is clear. More than half of America chooses to travel for Thanksgiving, by car or by plane, in spite of a second Covid wave raging coast-to-coast, with a record near 80,000 thousand people hospitalized as of last Wednesday.
Good morning from Skift It’s Friday, November 20, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Optimistic news surrounding two coronavirus vaccines may have sent the stock market soaring, but that isn’t driving passengers any faster back to commercial airlines.
Good morning from Skift It’s Thursday, November 19, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The Federal Aviation Administration has approved the Boeing 737 Max to fly again, ending a 20-month grounding in the wake of two fatal accidents, but Boeing's best-selling aircraft will be limited to the U.S. for now.
Good morning from Skift It’s Wednesday, November 18, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. It’s official. The U.S. and the UK formally signed an open skies agreement, allowing unlimited flights between the two countries. The countries intend to recognize the new deal from January 1 on, when the UK will no longer be part of the U.S.
Good morning from Skift It’s Tuesday, November 17, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Airbnb was one of the fastest growing travel companies in the world before the pandemic hit.
Good morning from Skift It’s Monday, November 16, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. South Africa reopened its borders to international travelers earlier this month, as travel leaders in a city on the country’s eastern coast argue tourism is pivotal in delivering the country a full economic recovery from the coronavirus pandemic.
Good morning from Skift It’s Friday, November 13, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Many businesses can finally get back to traveling — technically speaking — as airlines patch their networks back together and country borders reopen with a mix of Covid tests and quarantines.
Good morning from Skift It’s Thursday, November 12, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. JetBlue plans to offer short-term rentals with the help of a partner not named yet, possibly by the end of the year, writes Executive Editor Dennis Schaal.
Good morning from Skift It’s Wednesday, November 11, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The extended stay hotel sector continues to defy hotel industry expectations and performance trends during the travel industry’s worst year on record, writes hospitality reporter Cameron Sperance. Extended Stay America reported a $31.
Good morning from Skift It’s Tuesday, November 10, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Pharmaceutical giant Pfizer could seek U.S. government approval for its Covid vaccine as early as this month, as clinical trials have shown it is up to 90 percent effective in preventing the disease.
Good morning from Skift It’s Monday, November 9, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The world’s largest hotel company proved Friday major profits are possible, even in the depths of a global pandemic.
Good morning from Skift It’s Friday, November 6, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Booking data may show the hotel industry continues to steadily improve from record low demand levels seen in early April. But Hyatt CEO Mark Hoplamazian is worried about the rest of the year, writes hospitality reporter Cameron Sperance.
Good morning from Skift It’s Thursday, November 5, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. The financial worst of the pandemic looks to be behind Hilton, and now is the time to think about growth, company leaders conveyed to investors Wednesday on a third quarter earnings call.
Good morning from Skift It’s Wednesday, November 4, in New York City. For daily updates in your inbox, subscribe to the Skift Daily newsletter at skift.com/daily. And now, here’s what you need to know about the business of travel today. Real estate investment firm Highgate earlier this fall scooped up the biggest known U.S. pandemic-induced distressed hotel deal to date.
