Travel is the only major industry getting hit from both directions at once: AI search volumes are exploding without converting while total AI token bills internally are rising.
CEO Sébastien Bazin said an Ennismore IPO is "one of four or five" possible fates for the lifestyle joint venture. In M&A-speak, that means Accor's board hasn't decided yet.
India's two biggest airlines spent the last few years expanding aggressively abroad. IndiGo leased wide-body aircraft for the first time. Air India was looking to rebuild into a world-class global carrier. Both are now in retreat, at least temporarily, from some of those ambitions.
Senior planners often say they feel trapped in their roles, with no upward mobility. The good news is that there is opportunity beyond the meeting department.
Is Brian Chesky development of a new AI Lab outside of Airbnb an acknowledgement that building AI capabilities within Airbnb hasn't been up to par? Or are some tech developments like AI too large to sit out without having more skin in the game?
AI can't sell what hotel systems can't see. Until room-level data, guest behavior, and service pricing live in one connected system, the industry's AI gains will stay stuck on the cost efficiency side of the ledger.
Canada's three winter sun standbys — the U.S., Cuba, and Mexico — are all in trouble at the same time. The Caribbean has never had a better opening. Most destinations are not ready to walk through it.