Articles tagged “pricing”

The Southeast Asian online travel market is a crowded space. The industry players strive to strike a fine balance between creating the appropriate inventory mix, appealing prices and an easy-to-use interface with plenty of local offerings to distinguish themselves.

When we officially launched Skift on July 30, 2012, we couldn't have envisioned the insanity and tragedy of 2020 and 2021. But we got through it as a company, and much of the global travel industry, licking its wounds, has likewise proved to be as adaptable as the circumstances demand.

Many people in the U.S. have suddenly become worried about inflation. But experts and executives say the latest price hikes are mostly "good" inflation ... at least as far as the travel sector is concerned.

Airlines need to shift from forecasting models that rely primarily on historical data to ones that analyze real-time demand. That's how Amazon and other e-commerce companies handle pricing. No wonder travel tech players PROS, Amadeus, Sabre, and Flyr spy an opportunity.

Lufthansa Group may have done more than any other airline group to aggravate Amadeus, Travelport, and especially Sabre in recent years. Yet a grudging truce in the distribution battle may be possible, according to this exclusive interview with a top executive.

In coronavirus-related travel stories this week, Skift covered the divergent views among Marriott, Accor, American and United about the shape of the travel recovery, the anguish of travel's lost summer, contactless tech as the next big thing, and how tour guides will be at the forefront of safety measures.

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.

While dealt a blow by coronavirus, the cruise industry is managing to hold the line on pricing, at least for now. The long-term impact of the crisis remains to be seen, but the cruise industry has weathered many others in the past.

U.S. hoteliers are finding their pricing options constrained because of an influx of both short-term rental supply during peak periods, and because of hotel construction. Hoteliers may decide to get into the short-term rental market or not, but they increasingly have to take it into account when fine-tuning pricing strategies.

Once again — and this time it's the issue of pricing transparency in alternative lodging — European regulators are out in front of their counterparts in other parts of the world, including those in the United States. Travelers shouldn't have to be detectives in trying to figure out what their lodging tab will be.