2020 › February › 11

Coronavirus

Hilton CEO Says Business Could Be Impacted for Up to a Year From Coronavirus

Hilton and many other major hotel companies have had to close hundreds of hotels in China in response to the coronavirus. The outbreak could have long-lasting effects on the hotel industry, which has already been grappling with a slowing global economy and other geopolitical issues.

Nancy Trejos, Skift | 5 years ago

Hilton CEO Says Business Could Be Impacted for Up to a Year From Coronavirus

Hotels

Is Airbnb’s Stock Market Debut in 2020 Still On Track?

Sporting some red ink in its financial results doesn't spell doom and gloom for Airbnb's prospects of going public in 2020. On the other hand, the question for employees and investors becomes — at what valuation?

Dennis Schaal, Skift | 5 years ago

Is Airbnb’s Stock Market Debut in 2020 Still On Track?

Business Travel

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Mondee's acquisition of fast-growing CTS (Cosmopolitan Travel Service) makes the group North America's largest airfare wholesaler by market size. Notably, Mondee could afford the deal thanks to fresh backing by TCW Group, a giant asset management firm. Lots of institutional money is seeking opportunities in travel this year.

Sean O'Neill, Skift | 5 years ago

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Online Travel

Vacasa Seeks New CEO as Founder Eric Breon Steps Aside

Eric Breon grew Vacasa from a business run off his dining room table to North America’s largest full-service vacation rental management business. Few startups have the awareness to know when they need different leadership to get to an initial public offering, and Vacasa may be a rare exception.

Sean O'Neill, Skift | 5 years ago

Vacasa Seeks New CEO as Founder Eric Breon Steps Aside

Airlines

Qatar Airways-Backed Air Italy Is Shutting Down

Another European airline bows out. Alitalia has once again outlasted one of its purported challengers — now it desperately needs to find a buyer.

Patrick Whyte, Skift | 5 years ago

Qatar Airways-Backed Air Italy Is Shutting Down

Online Travel

The Many Ways Google Impacts Travel: New Skift Research

No matter where in the travel industry you turn, one company seems to be on everyone’s lips: Google.

Seth Borko, Skift Research | 5 years ago

The Many Ways Google Impacts Travel: New Skift Research

Online Travel

India’s MakeMyTrip Rewards Exec for Loyalty Work With Group CEO Promotion

Longtime leader and co-founder Deep Kalra will remain critical at the company in a newly created role of executive chairman. The change in job titles is a reward for co-founder Rajesh Magow's years of work leading the India business. Both executives have pushed hard on a subscription model, one of Skift's Megatrends for 2020.

Sean O'Neill, Skift | 5 years ago

India’s MakeMyTrip Rewards Exec for Loyalty Work With Group CEO Promotion

Business Travel

TUI Bets Big on Taking Thomas Cook Market Share

TUI CEO Fritz Joussen sounded much more upbeat than he did last December. While the Max grounding continues to cause problems for the company, holiday bookings for summer 2020 have grown. For now, it thinks it has the edge on its remaining competitors.

Patrick Whyte, Skift | 5 years ago

TUI Bets Big on Taking Thomas Cook Market Share

Tourism

Singapore Slashes Visitor Arrival Estimates by a Third for 2020 as Coronavirus Tests Its Mettle

The growing number of coronavirus cases in Singapore has heightened worries about human-to-human transmission among travelers, but the government’s swift and clear response so far shows its ability to manage a crisis.

Xinyi Liang-Pholsena, Skift | 5 years ago

Singapore Slashes Visitor Arrival Estimates by a Third for 2020 as Coronavirus Tests Its Mettle