Articles tagged “tours and activities”

TripAdvisor’s Experiences and Restaurants Businesses Outpace Vacation Rentals

TripAdvisor’s Experiences and Restaurants Businesses Outpace Vacation Rentals

Dennis Schaal, Skift

TripAdvisor faces a quandary: It needs to have an alternative accommodations business to round out its hotel offerings, but rentals revenue declined and slowed the otherwise-positive trajectory of its non-hotels segment. While TripAdvisor is a market leader in experiences and restaurants, its rentals business is muddying up the works.

5 days ago

MakeMyTrip Is Latest to Join the Tours and Attractions Bandwagon

MakeMyTrip Is Latest to Join the Tours and Attractions Bandwagon

Sean O'Neill, Skift

MakeMyTrip's management deserves credit for ending a period of decelerating growth and for reducing operating losses over several quarters. But many investors are impatient for an era of profits.

3 weeks ago

Equinox Will Launch Luxury Tours in 2019 as New Hotels Open

Equinox Will Launch Luxury Tours in 2019 as New Hotels Open

Dan Peltier, Skift

If it ends up being successful, and we don't see any red flags why it wouldn't be, Equinox will have a value proposition not many travel brands can touch: an exclusive place to work out, sleep, and explore the world.

1 month ago

Credit Card Giant Chase Jumps Into Tours and Activities

Credit Card Giant Chase Jumps Into Tours and Activities

Dan Peltier, Skift

Tours and activities partnerships like the one between Atlas Obscura and Chase seem like a win-win. Card companies acquire knowledge about trends in the sector, and what travelers are demanding. Meanwhile, tour operators get access to loyal consumers willing to shell out for the trip of a lifetime.

1 month ago

The New York Times Adds Day Tours to Grab Piece of Booming Tours and Activities Sector

The New York Times Adds Day Tours to Grab Piece of Booming Tours and Activities Sector

Dan Peltier, Skift

The newspaper business continues to go through an evolution in the digital era, all while the travel industry is thriving and demand grows for tours and activities. City Tours probably won't be the biggest revenue generator for the Times anytime soon, but it could do a lot to make the publisher cooler and more relevant.

2 months ago

TUI Group Buys Musement as Tours and Activities Sector Stays Hot for Deals

TUI Group Buys Musement as Tours and Activities Sector Stays Hot for Deals

Dan Peltier, Skift

The global heat map for tours and activities continues to burn bright this year as big players like TUI scoop up small players like Musement for back-end technology that will help them get more personalized products to travelers.

2 months ago

Viator’s Travel Agent Program Gets Mixed Reviews

Viator’s Travel Agent Program Gets Mixed Reviews

Paul Biasco, Skift

The market for off-the-beaten-path tours and experiences has been heating up this year with the emergence of Airbnb’s Experiences. TripAdvisor, which emphasizes on-the-beaten path offerings, is putting a huge effort into trying to stay on top. Its new travel agent program is part of that effort.

2 months ago

Budget Carrier AirAsia Is Trying to Become a Lifestyle Booking Site

Budget Carrier AirAsia Is Trying to Become a Lifestyle Booking Site

Dennis Schaal, Skift

Can a budget carrier like AirAsia also be an aspirational brand, and a hotel and activities booking site? The dual operations — running an airline and an online-travel-agency-like operation — seem like a big stretch. That's especially so when the airline is facing intense pressure from rising fuel costs.

2 months ago

Skift Forum Preview: TripAdvisor CEO Shrugs Off Advertising Slump as a Blip

Skift Forum Preview: TripAdvisor CEO Shrugs Off Advertising Slump as a Blip

Dennis Schaal, Skift

Here's an unorthodox thought in business: TripAdvisor CEO Steve Kaufer knows that the company's value proposition for its customers can remain strong even when the financials face difficulties every once in a while. That's a truism that sometimes gets lost when pundits focus merely on stock price variations.

2 months ago

Tour Booking Startup Evaneos Raises $80 Million

Tour Booking Startup Evaneos Raises $80 Million

Sean O'Neill, Skift

Overtourism is a struggle facing many destinations. Companies like Evaneos, which connects travelers with off-the-beaten-track tours and activities, may go some way to addressing the issue.

2 months ago

Skift Global Forum Preview: Startup Seeks to Turn Vacation Into Art

Skift Global Forum Preview: Startup Seeks to Turn Vacation Into Art

Sarah Enelow-Snyder, Skift

These days, not all experiences are created equal. In-depth, time-consuming, even taxing activities will actually do the word "experience" justice, though they may not attract the mainstream.

2 months ago

Booking Holdings Bought HotelsCombined for Only $140 Million

Booking Holdings Bought HotelsCombined for Only $140 Million

Dennis Schaal, Skift

Don't you just love those proverbial tuck-in acquisitions? Booking Holdings didn't break the bank for either HotelsCombined ($140 million) or FareHarbor ($250 million). Sometimes making smaller bets is a much smarter strategy than gargantuan deals, but only time will tell.

3 months ago