Articles tagged “inflation”

“It’s the economy, stupid.” The legendary 1992 quote from political strategist James Carville is equally relevant today as it seems like almost every conversation about the future of corporate travel and expense is now focused on inflation and other economic factors. In this recent webinar, we discussed how companies are adjusting their policies and technology solutions to keep pace.

MakeMyTrip is moving its focus from retail customers to go deep into the hinterland by tapping into small travel agents across India. In a country where online penetration is still low, will this bet pay off?

Hoteliers used to obsess about putting "heads in beds." But Wyndham instead focuses on charging the highest hotel prices possible, or what we call a focus on "rates and dates." So far, in 2022, Wyndham's approach has paid off.

Undeterred by competition from global online travel companies, MakeMyTrip envisions to be the first port of call for Indian travelers. A travel superapp is definitely a step in the right direction towards this goal.

Companies are holding their nerve, because hotels have the upper hand right now when it comes to dictating rates. It’s a gamble leaving negotiations until so late, but you have to question how long prices can keep climbing.

Following Memorial Day Weekend, Americans are still planning to travel during the next major U.S. summer holiday, but with more careful planning and sentiment stability about rising fuel prices.

Good morning from Skift. It's Thursday, June 16, in Puerto Rico (where the Skift Team is meeting). Here's what you need to know about the business of travel today.

Hotels in the U.S. may be hitting the peak of their pricing power. Owners and managers need to make sure that spiking costs for labor, construction, and supplies don't erode their financial recovery from the pandemic's depths.

In Skift's top stories this week, Chase pushes further into travel as a commerce category, investors view Instagram as a bigger platform for selling travel, and Qatar may be forced to prioritize World Cup fans over other visitors.