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The hotel sector faced a complex, fast-changing new reality as tariffs announced by President Trump on Wednesday threatened to increase the cost to outfit, renovate, and develop properties — and to potentially reshape travel patterns. “All that concrete coming from…
Good morning from Skift. It’s Friday, April 4. Here’s what you need to know about the business of travel today. The sweeping new tariffs announced by President Donald Trump have raised the risk of recession and the response from financial…
Dusit Hotels & Resorts has officially returned to India and is expanding across the country, said Deepika Arora, Head for India at Dusit International at a press conference on Thursday. “It is no secret that India’s hospitality landscape is thriving.…
Airlines are in uncertain territory after President Donald Trump announced the latest round of tariffs. The tariffs will extend to nearly all imports from a long list of countries: A baseline of 10% for trading partners; 25% on all imported…
The sweeping new tariffs announced by President Donald Trump have raised the risk of recession and the response from financial markets was swift, with a sharp decline Thursday in shares of travel companies, as measured by the Skift Travel 200.…
The International Air Transport Association (IATA), which represents most global airlines, told Skift that reaching “net zero” emissions by 2050 remains the goal, despite warnings on Wednesday that the targets may have to be delayed. However, IATA warned that the…
Good morning from Skift. It’s Thursday, April 3. Here’s what you need to know about the business of travel today. President Donald Trump on Wednesday laid out a sweeping set of tariffs that would hit products from a long list…
Hospitality company Oyo reported a 15% revenue increase from its UK operations in 2024 compared to 2023. The improvement comes as the company experienced a modest 2% rise in average daily rate (ADR) and a 4% jump in revenue per…
This sponsored content was created in collaboration with a Skift partner. Open interlining is emerging as a modern approach for airlines to enhance how they connect passengers across multiple carriers on a single itinerary, improving efficiency and agility through a…
With Lady Gaga set to take the stage for four exclusive shows in Singapore in May, Indian travelers were among the top five global markets searching for accommodation in Singapore during this period, according to online travel platform Booking.com. Singapore…