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Latest News

Airlines

S&P Downgrades JetBlue’s Credit Rating

JetBlue’s credit rating was downgraded as the carrier struggles to return to profitability.

S&P Downgrades JetBlue’s Credit Rating

Hotels

Hyatt Releases Upbeat Hotel Metrics, Delays Conference Call

Hyatt didn't provide a full report on its 2023 performance, but it did release some key numbers for the full year that suggested strong momentum.

Hyatt Releases Upbeat Hotel Metrics, Delays Conference Call

Online Travel

Expedia Pulls Vrbo Ad in Canada After Backlash

Expedia/Vrbo removed the offending ad in Canada to put out a fire. But if the ad was disparaging to locals, why continue to air it globally?

Expedia Pulls Vrbo Ad in Canada After Backlash

Skift Meetings

Marriott Shares Event Trend Predictions for 2024

Another glance into the crystal ball for events in 2024 this time by Marriott International predicts a few grand trends including the return of large meetings, appealing to Gen Z, an ongoing bleisure love story among others.

Marriott Shares Event Trend Predictions for 2024

Online Travel

Tripadvisor Expects First Profits for Viator and TheFork As Potential Sale Looms

A potential buyer could decide to break up Tripadvisor's parts, including Viator, TheFork, and metasearch, under the theory that the parts are worth more than the whole.

Tripadvisor Expects First Profits for Viator and TheFork As Potential Sale Looms

Hotels

Wyndham Results Hurt By Cost and ‘Noise’ of Choice Hotels’ Hostile Bid

Wyndham executives said a Choice Hotels offer to buy it has sandbagged them with work in rebuffing the offer and addressing regulators' concerns. The bill so far is $75 million.

Wyndham Results Hurt By Cost and ‘Noise’ of Choice Hotels’ Hostile Bid

Airlines

First Deliveries of New Airbus A321XLR Plane Delayed Again

Developing new aircraft is rarely easy, but this fresh delay to the company’s flagship narrowbody jet program will come as a disappointment to Airbus and its customers.

First Deliveries of New Airbus A321XLR Plane Delayed Again

Daily Lodging Report

China’s Hotel Construction Pipeline Hits Record High

According to the latest China Construction pipeline Trend Report from Lodging Econometrics, China’s hotel construction pipeline ended 2023 with record-breaking project and room counts.

Tourism

Bali Charges Tourist Tax to Address Overtourism

Bali hopes the new levy can help it address the growing pains of tourism.

Bali Charges Tourist Tax to Address Overtourism

Hotels

Oyo Denies Reports of Withdrawing IPO, Source Says It’s ‘Exploring All Options’

The nearly three-year wait for an IPO launch just goes to show the immense challenges Oyo has faced in its plans to go public. Now, should the company manage to secure funds from investors beforehand, it will undoubtedly choose that path without any hesitation.

Oyo Denies Reports of Withdrawing IPO, Source Says It’s ‘Exploring All Options’