In Skift's top stories this week, Microsoft increases its internal penalty for business travel carbon emissions, large numbers of Russians head to Dubai and Maldives, and U.S. airlines struggle to fill pilot shortages.
Membership Collective Group and its leading brand Soho House haven’t seen profitability since the first club opened more than 25 years ago. Opening more clubs at reduced costs can lead to profits, but that also risks diluting the exclusivity once associated with the brand.
The airline industry has been focused on the price of oil the last few weeks. It appears that a crisis has been averted, but there’s no guarantee of smooth sailing for the foreseeable future.
China's national hotel performance sank amid an Omicron surge that is gripping major cities on the mainland as well as Hong Kong. But you wouldn't know that based on the development interest in the region from major companies like IHG.
This week, travel startups announced more than $115 million in funding. A few of the companies had very startup-y names such as Placemakr, TravelX, FutureStay, and Hoo.