Accor Accelerates Luxury Growth to Stay Ahead of the Pack

Accor's transformation over the past few years has been remarkable, but now it's facing a new challenge in Europe from the likes of Oyo. Can its accelerating development of upscale brands help offset growing competition in the midrange and economy sectors?

What 2019 Taught Us About the U.S. Airline Industry

No other country or region has an airline industry as strong as that of the U.S. What's the secret? Have U.S. airlines cracked the perennially difficult code to airline profitability, and will it last? Skift Airline Weekly dove deep and zeroed in on trends that explain the U.S. airlines' success.

Oyo’s Annual Losses Ballooned to $335 Million in 2019

Oyo appears to be taking its once-explosive global expansion strategy down a few notches, and that could be a good thing for the young company in the face of still-uncertain impacts from the coronavirus and the reputational damage it recently suffered. These losses aren't pretty.

Alaska Airlines Enters Oneworld Alliance and 5 Other Top Aviation Stories This Week

This week in airline news, after years being unaligned, Alaska Airlines is joining Oneworld. The carrier is also ramping up its codesharing agreement with American Airlines to include international flights, potentially posing real competition for some of Delta's routes. Plus, with Air Italy's closure, yet another European airline bites the dust.