Articles tagged “luxury”

China’s Trip.com Group Has ‘Less Worse’ Second Quarter Than Booking and Expedia

China’s Trip.com Group Has ‘Less Worse’ Second Quarter Than Booking and Expedia

Dennis Schaal, Skift

In some respects, travel companies are prisoners of their geographic strengths and weaknesses in the Covid-19 era. Operational considerations aside, it sure didn't hurt Trip.com Group to be based in China.

4 weeks ago

Swiss Tax-Free Airport Shopping Firm Sold for $2.6 Billion to Private Equity-Backed Buyer

Swiss Tax-Free Airport Shopping Firm Sold for $2.6 Billion to Private Equity-Backed Buyer

Joshua Franklin, Reuters

Have you ever claimed your value added tax back for things you bought during a trip to Europe? Then you probably used a Global Blue Tax Free Shopping service. If your airport line was endlessly long, you'll be amused to know it took nine months for Global Blue's sale to happen.

2 months ago

Accor and SBE Begin Global Expansion of Delano Hotel Brand Despite the Pandemic

Accor and SBE Begin Global Expansion of Delano Hotel Brand Despite the Pandemic

Cameron Sperance, Skift

The worst time ever to launch a global expansion of an iconic luxury hotel brand? Maybe not, if you are players like Accor and SBE with enough capital and Delano brand awareness.

2 months ago

Where Are Travel Prices Headed? Get Ready for Twists and Turns

Where Are Travel Prices Headed? Get Ready for Twists and Turns

Dennis Schaal, Skift

Domestic airfares around the world fell dramatically in May — on average. But, as with hotels, there are currently pockets of strength — and will be for months. Still, contrarian trends don't make for a nice, tidy trend line when it comes to prices.

5 months ago

Sri Lanka to Reopen Small-Group Tourism in 5-Star Hotels

Sri Lanka to Reopen Small-Group Tourism in 5-Star Hotels

Waruna Karunatilake, Reuters

The peak tourism season in Sri Lanka starts in November. The country is reopening tourism slowly for now, and is catering to luxury travelers in high-end hotels where cleaning regimes are said to be the most rigorous.

5 months ago

A Plunge in Tourism Is Hurting Luxury Retail in Europe

A Plunge in Tourism Is Hurting Luxury Retail in Europe

Silvia Aloisi, Francesca Piscioneri, and Christian Lowe, Reuters

The fashion capitals of Paris, Rome, and Milan are awakening to a harsh reality. Chinese and other Asian tourists accounted for a crucial slice of the luxury retail sector’s sales in Europe before coronavirus, but those visitors aren't likely to return soon.

5 months ago

Japan’s Hoshino Resorts Will Shift Its Marketing to Woo Domestic Travelers

Japan’s Hoshino Resorts Will Shift Its Marketing to Woo Domestic Travelers

Junko Fujita and Ritsuko Shimizu, Reuters

The Tokyo-based, 100-year old hospitality company, Hoshino Resorts, used to focus on international luxury travelers. But, as Japan essentially closes to foreign travel for months to come, the privately held company has pivoted to wooing domestic tourists.

6 months ago

Are Ski Resorts Ready for a Warmer World?

Are Ski Resorts Ready for a Warmer World?

Samantha Shankman, Skift

Climate change is more than an existential threat to the outdoor ski economy. It will take a combination of greener operations and smarter business practices to ensure its viability for decades to come.

7 months ago

Wellness Travel in the Time of Coronavirus

Wellness Travel in the Time of Coronavirus

Leslie Barrie, Skift

While certain wellness travel trends are on the rise, like sound therapy, they won't drive more bookings as long as the coronavirus is a threat. Wellness travel, along with the rest of the industry, will need to hold tight and hope the outbreak gets under control.

8 months ago

How Hyatt’s Miraval Resorts and Others Are Tuning In to Sound Healing

How Hyatt’s Miraval Resorts and Others Are Tuning In to Sound Healing

Laura Powell, Skift

If you have been noticing more spas offering treatments that incorporate Tibetan singing bowls, tuning forks, or gongs, you aren’t alone. Sound therapies are starting to make waves in the spa industry.

8 months ago

Can Luxury Hotels Like Four Seasons and The Peninsula Make a Social Impact?

Can Luxury Hotels Like Four Seasons and The Peninsula Make a Social Impact?

Leslie Barrie, Skift

Luxury travelers increasingly want to stay at hotels with a social conscience. While it's great that locations like Four Seasons Chicago and The Peninsula are working with the refugee-helping nonprofit Heartland Alliance, it should be thought of as just that — a small move in the right direction.

8 months ago

How The Peninsula and Others Are Welcoming Refugees With Job Training

How The Peninsula and Others Are Welcoming Refugees With Job Training

Laura Powell, Skift

The U.S. government in 2020 may have severely limited the number of refugees it would resettle, but a luxury hospitality program taking place in America's heartland is proof that refugees are still welcome here.

8 months ago