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Hotels
Good morning from Skift. It's Wednesday, February 16, in New York City. Here's what you need to know about the business of travel today.
Rashaad Jorden | 2 years ago
Startups
Hertz is now in a pole position among rental car brands in the race to adopt electric vehicles. Separately, it's notable that private equity firm Certares has begun placing venture equity bets in early-stage companies.
Sean O'Neill | 2 years ago
Good morning from Skift. It's Monday, February 7, in New York City. Here's what you need to know about the business of travel today.
Ground Transport
Hertz's next CEO has his work cut out for him in remaking the company. The car rental firm's transformation plan sounds good on paper, but it will be up to Stephen Scherr to turn vision into reality.
Dennis Schaal | 2 years ago
Business Travel
Ahead of going public, Amex GBT has provided a compelling argument for growth in its 53-page document, with a string of acquisitions and partnerships already under its belt. But does its enormous size now line it up for success, or weigh it down?
Matthew Parsons | 2 years ago
Although electric cars could play an enormous role in the fight against climate change, an important question is how easy will it be for consumers to charge those vehicles? The U.S. needs to improve its charging network infrastructure to encourage more people to buy and drive electric cars.
Subrat Patnaik and Sanjana Shivdas, Reuters | 2 years ago
While leading any major company will bring enormous challenges, Mark Fields is fortunate he can devote his focus at Hertz to matters other than bankruptcy.
Paul Lienert, Reuters | 2 years ago
The travel agency joins Hertz, Worldstrides and several airlines in taking this particular route to weather the financial storm caused by the pandemic.
Online Travel
It is certainly an attractive time for private equity firms to invest in travel companies under pressure, but picking winners is never a slam dunk.
No niche purchase this time round, but a more rounded investment in a wide-ranging aerospace business group. Find out more when Certares founder Greg O’Hara speaks at Skift Global Forum in New York next week.
Matthew Parsons, Skift | 2 years ago