Category Travel & Leisure

Tech companies promising to automate old industries are still getting big investment deals in 2025.  Klook, which is modernizing the historically low-tech sector of ticketed experiences, just landed its second large fundraise in the past 18 months. And RoomPriceGenie, despite…

Accor’s chief executive said on Thursday that the group scrapped plans to open two hotels on the Greek island of Mykonos because of water shortages and the risks from fire hazards . During the company’s earning’s call, CEO Sébastien Bazin…

President Trump has started his term threatening tariffs on several key trading partners. A 25% duty on imports of aluminum and steel is due to come into effect March 12 and there’s a potential trade war looming with Canada, the…

Good morning from Skift. It’s Friday, February 21 and here’s what you need to know today about the business of travel. Choice Hotels built its empire on roadside chains, but the company is increasingly turning to upscale and extended-stay properties…

Seattle isn’t the first destination to come to mind when considering British Airways’ transatlantic network. For example, the carrier offers up to 10 flights a day from London to New York, and that’s before partner options with American Airlines are…

Accor on Thursday reported an 11% revenue increase for 2024 – a jump that largely came from its luxury division. The company’s luxury and lifestyle segment grew 19%, more than triple the 5% growth rate of the mainstream business. The…

Spirit Airlines is set to exit Chapter 11 bankruptcy as a private company after a U.S. bankruptcy judge approved the carrier’s restructuring plan Thursday.  As part of Spirit’s restructuring plan, the airline will exit bankruptcy through a take-private deal backed…

Nestled In the heart of the crystal clear, warm, and extremely inviting blue waters of the South Pacific, with golden sandy beaches and palm trees swaying in the gentle, warm tropical breeze, the adults-only luxury Tokoriki Island Resort is without…

Glenn Fogel, the CEO of Booking Holdings, said he’s been at the firm for nearly 25 years, and has heard it all before how emerging and disruptive technologies would “disintermediate” his company. He said years ago the talk was that…

There is now an AI customer acquisition channel in travel, and Tripadvisor officials said they are already seeing the benefits. Tripadvisor CEO Matt Goldberg and Chief Financial Officer Mike Noonan both expressed enthusiasm Thursday about the early results of the…