Skift

Selina’s Big Stock Swing

Skift — Tue, 22 Aug 2023 10:52:14 +0000

Skift Take: Today's edition of Skift's daily podcast looks closer at Selina’s stock drop, American Air’s pilot deal, and Omni Hotels’ ambitions.
— Rashaad Jorden

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Skift India Report: Hotel Sector Could Add $1 Trillion to Economy by 2047

Skift — Tue, 22 Aug 2023 03:00:00 +0000

Skift Take: The vision for the hospitality sector goes much beyond just branded hotels — to include tier-2 and 3 cities which will be crucial for tourism growth. Plus, other highlights from last week's news in hotel deals and development across the country.
— Amrita Ghosh

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Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Skift — Mon, 21 Aug 2023 17:30:06 +0000

Skift Take: Selina's stock price stabilized on Monday after a sharp drop to an all-time low on Friday. The chain of premium hostels and coworking spots is taking steps to escape penny-stock status.
— Sean O'Neill

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The Americas Lead Airline Capacity Recovery in 2023

Skift — Mon, 21 Aug 2023 16:40:12 +0000

Skift Take: North and South America have been standout performers in leading the industry's capacity recovery post pandemic. While this was anticipated, there are noteworthy shifts in interregional capacity from North America to the Middle East, Africa and Asia.
— Ashab Rizvi

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North Korea’s State Airline Permitted to Resume Flights to China

Reuters — Mon, 21 Aug 2023 14:53:27 +0000

Skift Take: Beijing allowing Air Koryo to resume flights to China is another big step in the country easing its enormously strict Covid measures and a major boon for one of its largest trading partners.
— Rashaad Jorden

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Omni Hotels Knows it’s Tiny. Here’s How it Thinks it Can Compete with Global Giants

Skift — Mon, 21 Aug 2023 06:30:00 +0000

Skift Take: The global hotel groups talk like they're going to inherit the earth. So how can a small brand like Omni thrive? In his first major interview as its new president, Kurt Alexander outlines his plan.
— Sean O'Neill

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Ask Skift: Are Low-Cost Carriers Always Cheaper?

Skift — Mon, 21 Aug 2023 04:30:00 +0000

Skift Take: Travelers have increasingly turned to low-cost airlines in recent years in the hopes of finding less expensive ways to fly, but are they really saving money? Here's what we found on the matter.
— Rashaad Jorden

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A Better Hotel for the Middle Class?

Skift — Sun, 20 Aug 2023 10:49:26 +0000

Skift Take: This week IHG launched a new mid-market brand, Garner, as a conversion brand to quickly expand and refresh new and previously independent hotels.
— Jason Clampet

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European Summer Travel Hit by Strike-Related Disruption

Reuters — Sat, 19 Aug 2023 12:10:32 +0000

Skift Take: The industry is jittery, but there isn't actually any strike action set for the remaining weeks of summer.
— Sean O'Neill

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Zeelo Raises $14 Million to Optimize Corporate Shuttle Routes: Startup Funding Roundup

Skift — Fri, 18 Aug 2023 20:51:51 +0000

Skift Take: Zeelo is helping corporate clients make shuttle routes more efficient, and Teleport is making the visa submission process a little less tedious.
— Justin Dawes

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