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This episode of the Skift Travel Podcast featured a discussion with Amar Lalvani, Executive Vice President, President & Creative Director, Lifestyle at Hyatt. Lalvani touched on The Standard’s evolution following Hyatt’s acquisition of the brand in 2024 with Editor-in-Chief Sarah Kopit and…
Key Points New York City cut its 2024 tourism forecast by 3 million visitors due to negative global sentiment toward the U.S. International tourism is declining sharply, with overseas visitor projections for 2025 dropping by 2 million. Policy issues, especially…
The three largest timeshare companies, Hilton Grand Vacations (HGV), Travel and Leisure, and Marriott Vacations Worldwide, have reported first-quarter earnings. Together, they brought in nearly $2.85 billion in revenue. Here are four things we learned from their results: 1. More…
A new Federal Trade Commission rule requiring transparent prices for hotels, online booking sites, and short-term rentals takes effect May 12, and Congress is moving to make portions of the rule permanent. The House passed the Hotel Fees Transparency Act on…
Several Indian travel companies suspended new bookings to Turkey and Azerbaijan on Friday, a new step in the escalating fallout from the India-Pakistan conflict. The decisions followed official condemnations from Turkey and Azerbaijan of India’s recent strikes in Pakistan-Occupied Kashmir,…
The parent company of British Airways and Iberia has ordered more than 70 new widebody aircraft. The total deal, announced by IAG on Friday morning, forms one of the largest plane orders of the year so far. European manufacturer Airbus…
InterContinental Hotels Group (IHG) reported mixed first-quarter results Thursday, with global room revenue up over 3% but signs of weakening demand in some key markets. U.S. bookings flattened in recent weeks while those in China fell for the second straight…
Sphere Entertainment Co. has said it will soon roll out a new global development plan that focuses on smaller and cheaper venues so it can more easily expand. “We’re definitely talking worldwide about Sphere,” said Chairman and CEO James Dolan…
Demand for travel to the U.S. has weakened, and Expedia Group is feeling it. Two-thirds of the company’s business comes from the U.S., and inbound travel dropped 7% during the first quarter of the year, executives said on Thursday. Inbound bookings…
The second annual Skift Data + AI Summit on June 4 in New York City will bring together leading voices in travel, technology, data and beyond to explore how artificial intelligence is reshaping the industry. Here’s a complete look at…