Articles tagged “europe”

Hotels

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

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.

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

Airlines

European Summer Travel Hit by Strike-Related Disruption

The industry is jittery, but there isn't actually any strike action set for the remaining weeks of summer.

European Summer Travel Hit by Strike-Related Disruption

Airline Weekly

American Chases European Profits With New Copenhagen, Naples and Nice Flights

Airlines are making big profits on transatlantic routes this summer. American wants a bigger piece of that with plans for three new destinations next year.

American Chases European Profits With New Copenhagen, Naples and Nice Flights

Tourism

Portugal Sets First Half Foreign Visitor Record

Portugal's record first-half foreign visitor number is just another sign of Europe's strong tourism recovery this year.

Portugal Sets First Half Foreign Visitor Record

News Blog

Smartbox Group Acquires Nordic Experiences Platform Truestory

European-based experience gift platform Smartbox Group has acquired the Scandinavian experiences platform Truestory. Lasse Kjær, founder of Truestory, announced the acquisition in a LinkedIn post, stating the Nordic-centred experiences platform, with some "1,000 live experiences from more than 600 hosts", now had a "new owner who wants to invest in Truestory to redeem the long-term potential of the business."…

Tourism

Europe’s Scorching Heat Could Send Tourists to Cooler Destinations

Sweltering summers in Europe are increasingly becoming a major problem for the travel industry. Not only could they lead to travelers changing their vacation habits, but they could also drive some travelers to cancel trips — which would a tremendous blow for an industry still trying to recover from the pandemic.

Europe’s Scorching Heat Could Send Tourists to Cooler Destinations

Tourism

Europe’s Travel Revival Appears to be Slow

The Skift Travel Health Index shows that all regions have recovered, but Europe's travel revival appears to be rather slow. With 17 out of 22 countries having fully recovered and Europe being a popular summer hotspot, the global travel industry has geared up for a bright summer season.

Europe’s Travel Revival Appears to be Slow

News Blog

Hotel Chart of the Week: Europe’s Rising Room Rates Are Tolerated by Many Travelers

How are hotels doing post-pandemic? It all depends on the market and the type of hotel. In the U.S., average hotel rates nationwide have barely recovered to 2019 levels after accounting for inflation, but individual markets like New York City are performing better than before, while other individual markets, like San Francisco, are doing worse.…

Airlines

Ryanair Targets Dominance in Less-Developed Central and Eastern Europe Market

The Dublin-based low-cost airline’s mega deal for up to 300 Boeing 737-10s is just in time to support a push into newer markets.

Ryanair Targets Dominance in Less-Developed Central and Eastern Europe Market

News Blog

Lufthansa Reaches $350 Million Deal for Italy’s ITA Airways: Report

Lufthansa finally has a deal. For ITA Airways that is, and according to reports. The Frankfurt-based carrier will initially buy 40 percent of the state-owned Italian airline for $343-354 million (€320-330 million), according to a report by Italian daily Corriere Della Sera. Lufthansa would invest a further $537 million to raise its stake in ITA…