The smartest read of Chesky’s AI lab is that he learned the exact lesson of Meta’s metaverse: if you’re going to make a bet the market will punish, don’t make it where the market can see it.
Each Gulf hub airport converts sovereign wealth into a different theory of national relevance. Saudi Arabia is about to test whether aviation can convert something heavier — national ambition itself — into a destination economy.
Travel companies have built a banking-like float system around consumer prepayments, without banking-like protections, and the scale is now too large to ignore.
The great AI upskilling of the travel workforce has begun, but even among the industry’s largest companies, the gap between who is preparing their employees for AI and who is just cutting with it is widening fast.
The best airlines in America are also the most personality-dependent. The premium era is flattering both boards into thinking succession is a problem for later. It isn’t.
The travel industry celebrates loyalty member counts the way it celebrates sustainability commitments: loudly, frequently, and with very little evidence the numbers have changed anything.