Carleton Varney leaves behind a legacy that gave hotel operators the freedom to break from bland playbooks on design, and that challenged them — Dare to be bold.
Everybody in the cruise business suffered during Covid except CEOs, it seemed. As passengers canceled or got sick, and workers got laid off, executive compensation topped 1,000 times the median worker's pay. Including tips.
In a quiet week for travel tech fundraising, highlights include a 3 million pound crowdfunding for a service that lets consumers rent a yacht to feel like, well, a yacht owner. Slowing venture capital returns may be a caution flag for deals later this year.
At the big hotel-technology gathering, all roads still lead to Covid. Hoteliers have an even bigger staffing problem than many realize, booking data points to wary consumers, and the most-desired technologies are those that let us go back out into the world without engaging the people in it much.
Kenya is a prime example of how far cashless economies need to go, especially for tourism. The country's successes will need to be measured against the challenges.
Barcelona is trying to avoid limiting the growth of its tourism industry, yet again, balancing an economic reboot and residents’ needs. Failure might turn it into fresh territory for moving ahead with stricter policies as it looks to put its overtourism past behind it.
A London startup is betting that travelers will take mystery vacations, learning their destinations at the airport. A Czech travel agency raises $100 million for expansion. And other venture capital and funding news this week.