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Tourism
The payment network saw cross-border volumes jump 58 percent in its second quarter, but don't expect the spending surge to carry on.
Niket Nishant, Reuters | 2 years ago
Business Travel
“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.
Navan + Skift | 2 years ago
Online Travel
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?
Peden Doma Bhutia | 2 years ago
Hotels
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.
Sean O'Neill | 2 years ago
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.
Airlines
Demand to fly is off the charts, but airlines are besieged with longtime issues and a bunch of new ones that have come to roost at the same time, never mind the lingering pandemic drag.
David Shepardson, Reuters | 2 years ago
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.
Matthew Parsons | 2 years ago
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.
Mary Ann Ha | 2 years ago
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.
Rashaad Jorden | 2 years ago
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.
