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Delta Air Lines, one of the most profitable carriers in the U.S., withheld its full year outlook for 2025, citing economic uncertainty. “With broad economic uncertainty around global trade, growth has largely stalled. In this slower-growth environment, we are protecting…
Good morning from Skift. It’s Tuesday, April 8. Here’s what you need to know about the business of travel today. A leading hotel asset manager says the U.S. hotel industry is dealing with significant challenges from President Trump’s tariff war,…
The president of Emirates has said the world is likely entering a economic reset. Sir Tim Clark’s comments come as the travel industry assesses the fallout from a turbulent week on international financial markets. “Right now, at this moment, we…
In 2024, Indian tourists to Australia increased 12% year-on-year, reaching 443,000 travelers, while spending by Indian tourists increased 17%. Even as Tourism Australia did not share an official target, Nishant Kashikar, country manager – India and Gulf at Tourism Australia,…
Key Points Morningstar lowered its 2025 revenue growth outlook for major online travel firms due to tariffs and economic concerns. Booking and Airbnb are seen as having ‘wide moats,’ while Expedia’s moat is ‘narrow’ and Tripadvisor has none. Investors are…
The post-pandemic boom for the airline industry could come to an end as tariffs, a sinking stock market, and declining consumer confidence weaken travel demand. At the start of the year, analysts expected strong results — premium and international travel would…
Visitors to the U.S. from 20 major countries dropped 10.3% in March from a year earlier, according to new data published Tuesday by the U.S. International Trade Administration. Visits from Western Europe dropped 17.2%, to 905,603. Those from Germany declined…
TravelPerk unveiled a new brand identity this week with the aim of representing how the company has changed since its founding 10 years ago, and seeking to differentiate itself from the alleged sameness of many of its competitors. Its logo,…
The UAE’s hotel sector posted record results in 2024 — before the recent global market turmoil. Abdulla bin Touq Al Marri, UAE Minister of Economy and Chairman of the Emirates Tourism Council, announced that hotel revenues in the country reached…
Dubai attracted a record 1,117 foreign direct investment (FDI) for projects in 2024, maintaining its position as the top global destination for FDI for the fourth consecutive year, according to data from the Dubai FDI Monitor. Dubai attracted an estimated…