New tech is enabling travel brands to upsell consumers with more targeted trip insurance policies. Think rain cancellation policies for camping or ski trips.
Investors are betting that the trend in renting RVs won't run out of gas after the pandemic wanes. They've funded Outdoorsy, an Airbnb-type service for recreational vehicles. Investors think the startup's new private vehicle insurance product will help accelerate the RV trend.
In Skift's top travel stories this week, we covered antitrust concerns about the American-JetBlue partnership, the hospitality industry's insurance woes, a labor shortage as travel rebounds, and we reviewed Kayak's first hotel.
Coronavirus infections are rising again in many Western nations. But some travel companies hope the impact on vacation planners will be far less than in previous surges, thanks partly to sales of new and more flexible travel insurance policies.
Legislators may have a pandemic business interruption insurance solution — but it almost certainly won't help hoteliers currently struggling due to coronavirus-related drops in travel.
This summer is set to reach post-recession highs on almost all accounts, giving travel marketers greater competition and opportunities to cash in on newly confident U.S. travelers.
Airlines often anticipate delays by dropping change fees, but insurance can be a lifesaver for flyers already at the airport. However, our findings were not conclusive enough to suggest the weather will result in a long-term benefit for insurance companies.
We're finally starting to see some of the changes that are necessary for service like Airbnb and RelayRides to expand from hot, growing companies to bankable services that won't get tripped up by insurance and lease disputes.