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Singapore Airlines Secures Record $13 Billion Funding Lifeline

Singapore Airlines Secures Record $13 Billion Funding Lifeline

Jamie Freed and Anshuman Daga, Reuters

Many carriers will be looking on enviously at this record bailout. Singapore Airlines not only gets to survive the crisis, but is also primed to come out stronger on the other side.

5 days ago

UK Hotels Get a Little Lift From Block Bookings for Crisis Workers

UK Hotels Get a Little Lift From Block Bookings for Crisis Workers

Matthew Parsons, Skift

As more countries mobilize their crisis workers, hotel groups can at least rely on small levels of business — the tricky part will be figuring out which properties stay open, and who exactly checks in.

6 days ago

Separating Hype From Emerging Tech’s Real Shortcomings Post-Crisis: New Skift Research

Separating Hype From Emerging Tech’s Real Shortcomings Post-Crisis: New Skift Research

Wouter Geerts, Skift Research

Not all tech is worth the hype. But then again, the current crisis will likely accelerate the adoption of some worthwhile emerging technologies. It’s important to know how this will impact the travel industry. We’ve set out the most important technologies to help you burst that hype bubble.

7 days ago

U.S. Travel Arrangement and Reservation Sector to Top $57 Billion in 2020: Skift Research Forecast

U.S. Travel Arrangement and Reservation Sector to Top $57 Billion in 2020: Skift Research Forecast

Haixia Wang , Skift Research

The travel arrangement and reservation services sector has experienced strong growth for the past few years and outperformed other major travel verticals. We believe this trend will continue in the next few years, aided by more digital transformation.

2 months ago

Cvent Group Bookings Down Even Before Potential Coronavirus Impact

Cvent Group Bookings Down Even Before Potential Coronavirus Impact

Lauren Ward, Skift

A predicted dip in group bookings is making hotels more aggressive on bookings, with future uncertainty compounded by coronavirus and the 2020 election.

2 months ago

American Suggests 737 Max Return Pushed Further to Second Half

American Suggests 737 Max Return Pushed Further to Second Half

Madhu Unnikrishnan, Skift

American Airlines suggests that it's not planning for the Boeing 737 Max to return to flying until the late summer or fall. But the airline is still positive this year will be better than last. That shouldn't be too hard.

2 months ago

Still Waiting for Richard Branson’s Virgin Hotels to Transform Hospitality

Still Waiting for Richard Branson’s Virgin Hotels to Transform Hospitality

Nancy Trejos, Skift

Richard Branson created Virgin Hotels nine years ago, promising to deliver about two dozen boutique hotels with flair. So far, only three hotels have opened. Will it be able to accelerate its growth in 2020?

3 months ago

Surge in Experiential Luxury Travel Drives Growth in Boutique Trade Shows

Surge in Experiential Luxury Travel Drives Growth in Boutique Trade Shows

Laura Powell, Skift

The recent development of high-end niche travel marketplaces demonstrates that luxury travel is expanding in depth, breadth, and focus.

4 months ago

How Global Hotel Chains Differ in Approach to Asia-Pacific’s Huge Opportunity

How Global Hotel Chains Differ in Approach to Asia-Pacific’s Huge Opportunity

Raini Hamdi, Skift

Who has the best setup in Asia? No one-size-fits-all approaches there. But as competition increases amid a softer market, expect strategies and structures to evolve.

4 months ago

Airbnb Tests Teaming With Google’s Vacation Rental Business in the U.S.

Airbnb Tests Teaming With Google’s Vacation Rental Business in the U.S.

Dennis Schaal, Skift

Airbnb has intensified its testing of Google's vacation rentals business. Does this mean Airbnb will fall down a rabbit hole of Google dependence? Not necessarily. Romances can be so fleeting.

4 months ago

China’s Massive Social Media Landscape Presents Challenges to Luxury Marketers

China’s Massive Social Media Landscape Presents Challenges to Luxury Marketers

Laura Powell, Skift

The Chinese luxury market is huge but not monolithic. That's why understanding the capabilities of the country's myriad social media apps — and knowing how to nuance messages within them — is key to connecting with this lucrative market.

4 months ago

Trip.com Group’s Softer Growth Shows Extent of China Outbound Slowdown

Trip.com Group’s Softer Growth Shows Extent of China Outbound Slowdown

Raini Hamdi, Skift

Single-digit growth is something China’s largest online travel company isn’t used to, but that may just happen in the fourth quarter. Growth has already softened in the third.

5 months ago