Category Travel & Leisure

Europe’s upscale and luxury hotel market demonstrated significant investment activity and resilience in 2024, but the sector now faces a complex and rapidly evolving economic landscape.  While 2024 saw strong growth, buoyed by post-pandemic recovery, the market is currently being…

Spirit Airlines announced Monday that CEO Ted Christie would step down from the role, just weeks after the ultra-low-cost carrier exited Chapter 11 bankruptcy.  The carrier said its board of directors has established an “Office of the President” to oversee…

Shares in many of the world’s leading travel companies sank on Monday, compounding last week’s heavy losses. Markets in Asia, the Middle East, and Europe dropped sharply, with the Hang Seng index in Hong Kong closing down more than 13%…

Canada has quietly updated its travel advisory for citizens heading to the United States, warning them to “expect scrutiny” from border officials who have broad powers to search electronic devices without warrants. CBC first reported the change Friday. The guidance…

Airfares aren’t what they used to be. Features once taken for granted are fast becoming optional add-ons. In the 2010s, the checked bag and even the humble carry-on disappeared from the main ticket price at many airlines. Today, seat reservations,…

Airbnb co-founder Joe Gebbia, who served as chairman of the refugee and disaster relief non-profit Airbnb.org since its inception, has decided to exit Airbnb.org. The move happens one month after Airbnb publicly distanced itself from the personal views of Gebbia,…

Skift Take Mondee went public via SPAC, then went bankrupt, and now its founder is the majority owner of the privately held company. Mondee, a booking platform for travel agents, on Friday said that it has been acquired and has…

Challenges loom as the Trump administration continues to impose policy changes, travel bans, and increasing tariffs, raising concerns of a potential ‘global grounding’. The new tariffs have raised a risk of a recession, with shares of travel companies plummeting in…

This week’s episode of the Skift Travel Podcast features a discussion that occurred during a recent LinkedIn Live session titled Global Grounding of the Economy – How Will it Impact Travel?. Editor-in-Chief Sarah Kopit, Head of Research Seth Borko, and…

Civits are dying for your coffee. Today is World Civet Day—a day most people have never heard of but one that desperately needs to be on every traveler’s radar. Because behind that $50 cup of “cat-poo-chino” lies a global industry…