Trends and Tendencies

Yotel, the UK-based hospitality management company, is entering a new phase of expansion following a shift in its ownership structure.  With Al Bahar Group increasing its stake to more than 95% by acquiring an additional 30% from Starwood Capital, CEO…

Skift CEO Rafat Ali discussed the current state of tourism in Southeast Asia with Gary Bowerman and Hannah Pearson, hosts of The South East Asia Travel Show. They addressed, among other topics, how the region has rebounded from the pandemic,…

Pakistan’s announcement of airspace closure has forced Indian airlines to reroute international flights – most of them heading to Europe, North America, Middle East, and Central Asia.  The hardest hit in this may be the Central Asian countries, rising stars…

American Airlines said Thursday that efforts to shore up its profitability had been outweighed by softening demand for domestic leisure travel and a fatal collision in January near Washington, D.C.  The carrier reported a net loss of $437 million for…

The 2nd annual Skift Data + AI Summit returns to New York City on June 4, bringing together a powerful mix of travel, tech, and data executives to explore how artificial intelligence is transforming the business of travel. This includes…

This sponsored content was created in collaboration with a Skift partner. Cruise demand is booming, and it’s reshaping not just what happens onboard each ship but throughout the entire cruise journey. As more travelers choose cruising for their holidays, ports…

Fora Travel, which is recruiting newbies to become travel advisors, has raised $40 million in a Series C funding investment round, according to published reports and a LinkedIn post from the company founder. Co-founder Evan Frank, who was also co-founder…

Inspirato, the struggling luxury hospitality brand, said Thursday that it had “terminated” the employment of its president, David Kallery. In financial filings, Inspirato did not say why Kallery “was separated from the company, effective immediately.” “The Company is currently in…

Accor, the Paris-based hotel operator, reported solid first-quarter performance despite broader economic concerns related to recent U.S. trade policies. “We’re not seeing cracks in demand,” said Martine Gerow, chief financial officer, on an earnings call Thursday. “We feel good about…

Booking Holdings CEO Glenn Fogel earned $126.4 million in “compensation actually paid” in 2024, according to the most recent financial filings with the SEC. He edged out now-former Expedia Group CEO Peter Kern, who was in the post for a…