Articles tagged “skift research”

Fuel efficiency is integral to the bottom line of airline operators. Skift Research found that efficiency improvements fluctuate considerably by year and between companies. Most were unable to achieve efficiency goals set by the industry.

Pressure is growing on airlines to reduce their carbon emissions. But how do you do that when you burn through gallons of jet fuel? Our analysis found that airlines have made good progress in becoming more fuel efficient, but have a long way to go to make significant reductions in emissions long-term.

The U.S. travel rate jumped to 35.3 percent in March, marking the biggest two-month increase since travel hit rock bottom in April 2020. With over half of American adults already vaccinated, the summer vacation peak is looking very promising for the travel industry.

A lot of positive vibes came from the travel industry during March. Many countries performed strongly in our Skift Recovery Index, with U.S. key indicators, in particular, up across the board.

After the ugliest year in travel history, 4Q 2020 earnings and other more recent data points suggest that the industry has turned a corner and is beginning to recover.

Who traveled during the pandemic year? How did they book travel? Where did they stay? How did they get to their destinations? We answer these questions about U.S. travelers by analyzing our aggregated monthly travel tracker survey of over 10,000 Americans.

Hotels need to reduce their carbon emissions by 66 percent by 2030, and 90 percent by 2050 to comply with the Paris Agreement on climate change. While there is a lot of talk, not all companies are walking the walk. We have identified those that are talking, and those that are walking.

Carbon reduction is gaining importance for stakeholders, and reporting is getting better amongst the largest hotel companies. Skift Research compares the emissions of six global chains to determine which is best positioned to become carbon neutral over the coming decades, and which are falling behind.

Upward we go. The Skift Recovery index registered a 4 point increase in February, no mean feat compared to the almost complete absence of movement over the past six months. Declining case counts and relaxing lockdown restrictions are to thank.

After a difficult year, 2021 is likely to be a year of travel startup exits and consolidation fueled by IPOs, M&A, and — new on the scene — SPACs. These deals could help drive renewed enthusiasm for investing in and founding companies within the travel.