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Latest News

Tourism

Egypt Searches for New Tourists After Losing Russia and Ukraine Markets

With war raging between two of its biggest inbound markets, the Egyptian tourism board is looking at the tried-and-tested move of developing new markets. However, not quite ready to give up on Russian tourists, Egypt is also exploring bringing them through a third country. If this works, will other destinations follow suit?

Egypt Searches for New Tourists After Losing Russia and Ukraine Markets

Travel Technology

How Much Hotel Tech Investment Is Just Way Too Much

Some hoteliers risk being overly ambitious in their tech efforts coming out of the pandemic.

How Much Hotel Tech Investment Is Just Way Too Much

Hotels

OTA Insight Buys Transparent to Offer Both Hotel and Vacation Rental Data

Here's yet another sign that alternative accommodations are becoming sophisticated businesses just like hotels.

OTA Insight Buys Transparent to Offer Both Hotel and Vacation Rental Data

Short-Term Rentals

Sonder Says New Public Company Visibility Helps Close Deals in Premium Locales

Sonder began feeling an adverse impact from the Omicron outbreak in late November 2021, and that spilled over into January and February, hurting its booking numbers. Still, the forecast is for a 2022 revenue jump of 100 to 110 percent as it inks new deals in more lucrative markets.

Sonder Says New Public Company Visibility Helps Close Deals in Premium Locales

Hotels

Hilton, Hyatt, and Accor Freeze Hotel Development in Russia

Western hotel companies are still making money in Russia, but this is a notable step for an industry that has been a holdout amid all the companies ditching their presence in the country following its invasion of Ukraine.

Hilton, Hyatt, and Accor Freeze Hotel Development in Russia

Airline Weekly

The U.S. Pilot Shortage May Not Peak Until 2023

The pandemic only put off a problem that had been looming for the U.S. airline industry: The shortage of pilots. Airlines are competing for scarce talent and are cutting back schedules because they can't find enough aviators. Not helping matters is a historic run-up in fuel prices, which only adds to airlines' woes as they start to see demand for travel rise.

The U.S. Pilot Shortage May Not Peak Until 2023

Short-Term Rentals

The Rise of Short-Term Rentals in Asia Pacific: New Skift Research

The STR industry in APAC is at a nascent stage with promising growth prospects. It is to be seen how the STR market matures to find its demand-supply equilibrium and market leaders.

The Rise of Short-Term Rentals in Asia Pacific: New Skift Research

Business Travel

Electric Car Rentals and Shares Gain Momentum With Business Travelers

A record deal by Hertz to buy 100,000 Teslas and deeper agency technology integrations are helping meet a revived corporate demand.

Electric Car Rentals and Shares Gain Momentum With Business Travelers

Airlines

Daily Podcast: Road Trip and Airline Price Worries

Good morning from Skift. It's Wednesday, March 9, in New York City. Here's what you need to know about the business of travel today.

Daily Podcast: Road Trip and Airline Price Worries

EventMB

Top Trends Shaping Mobile Event Apps in 2022

Mobile technology plays a leading role in creating compelling hybrid event experiences. Understanding the key trends for mobile event apps in 2022 is a great starting point for selecting the right apps and working with providers in the most productive way.

Top Trends Shaping Mobile Event Apps in 2022

Tourism

Pandemic, War Hit to Travel Spending Leaves Luxury Giant Ferragamo With No 2022 Guidance

Many brands will have been counting on tourists to mix sightseeing and luxury goods shopping as pandemic restrictions ease, but those shopping trips across Europe's capitals may now be on hold as the war in Ukraine continues.

Pandemic, War Hit to Travel Spending Leaves Luxury Giant Ferragamo With No 2022 Guidance