Connect

Recent Stories from :

Lufthansa CEO Sees His Airline Surviving Through Carnage to Come

Lufthansa CEO Sees His Airline Surviving Through Carnage to Come

Patrick Whyte, Skift

The aviation industry is going to change dramatically over the coming weeks and months. Lufthansa thinks it is well-placed to ride this one out, but how many other airlines can say the same?

5 months ago

Lastminute.com Optimistic Bookings Will Start Returning by May

Lastminute.com Optimistic Bookings Will Start Returning by May

Patrick Whyte, Skift

Given that we still don't know enough about the coronavirus, is this a case of overoptimism? Whatever happens, an online player like Lastminute.com is probably more resilient than asset-heavy travel companies.

5 months ago

Dire Case for Airlines Laid Out by Industry Trade Group

Dire Case for Airlines Laid Out by Industry Trade Group

Patrick Whyte, Skift

Even the best-run airlines will eventually run out of cash if ticket sales dry up. Governments across the world are going to have to step in.

5 months ago

IHG Is the Model for Hotel Chains on Cancellations as Crisis Mounts

IHG Is the Model for Hotel Chains on Cancellations as Crisis Mounts

Patrick Whyte, Skift

Of the big global hotel chains, IHG is so far leading the way in terms of a customer-centric cancellation policy. Its rivals should take note.

5 months ago

Egyptian Tourism Entrepreneur Buys Stake in TUI

Egyptian Tourism Entrepreneur Buys Stake in TUI

Patrick Whyte, Skift

One of Warren Buffett's best known bits of investment advice is: "Be fearful when others are greedy and greedy when others are fearful.” The fundamentals for TUI still look good, so Hamed El Chiaty might have just struck a bargain deal for himself.

5 months ago

How Travel Companies Themselves Are Taking Coronavirus Precautions

How Travel Companies Themselves Are Taking Coronavirus Precautions

Patrick Whyte, Skift

Travel companies are having to adapt not just to a new world for their customers, but for their staff too. This might be a temporary change, but when things return to normal, will our working habits revert as well?

5 months ago

Airbnb, Expedia and Others Agree to Landmark Data-Sharing Deal With European Union

Airbnb, Expedia and Others Agree to Landmark Data-Sharing Deal With European Union

Patrick Whyte, Skift

It's hard to know whether greater transparency will benefit or hinder these short-term rental platforms. Might lawmakers use the information as a stick to wield over the industry?

5 months ago

Hostelworld Still Pushing on Expansion Even With $4.5 Million Coronavirus Profit Hit

Hostelworld Still Pushing on Expansion Even With $4.5 Million Coronavirus Profit Hit

Patrick Whyte, Skift

There's not much travel companies can do about the coronavirus outbreak. Like many of its peers, Hostelworld is having to execute its growth strategy in an unfavorable environment.

5 months ago

TUI Will Cut Budgets, Freeze Hiring to Deal With Coronavirus Spread

TUI Will Cut Budgets, Freeze Hiring to Deal With Coronavirus Spread

Patrick Whyte, Skift

This seems like a sensible approach from TUI. At the moment, there are just too many unknowns, but it does seem like things will get worse before they get better.

5 months ago

Hostmaker Collapse Prompts Further Consolidation in Europe’s Short-Term Rental Market

Hostmaker Collapse Prompts Further Consolidation in Europe’s Short-Term Rental Market

Patrick Whyte, Skift

In a growing sector like this where there is a race to scale up, casualties will always exist. Houst will be hoping to capitalize on Hostmaker's misfortune.

5 months ago

IAG Says It Won’t Repeat Past Mistakes With Coronavirus Response

IAG Says It Won’t Repeat Past Mistakes With Coronavirus Response

Patrick Whyte, Skift

Willie Walsh has accumulated decades of experience across the aviation industry, and he's big enough to admit he's made mistakes in the past. The situation looks bleak at the moment, but what happens when the market recovers?

5 months ago

Online Travel’s eDreams Odigeo Sees Bookings Tumble After Coronavirus Outbreak

Online Travel’s eDreams Odigeo Sees Bookings Tumble After Coronavirus Outbreak

Patrick Whyte, Skift

Online travel agency eDreams Odigeo has been pretty explicit in its bookings breakdown. Similar businesses should also expect a rocky few months ahead as the world deals with the outbreak and spread of coronavirus.

5 months ago