Skift Daily Travel Briefing

Skift
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Sep 11, 2024 • 4min

Rome vs. Overtourism, Southwest Chair to Resign and 3 Big Travel Insights

Episode NotesRome is considering introducing a reservation system to clamp down on overcrowding at Trevi Fountain, one of the world’s most popular attractions, writes Global Tourism Reporter Dawit Habtemariam.Rome’s Deputy Mayor of Tourism Alessandro Onorato wants to introduce a ticketing reservation system around the fountain to better manage the flow of visitors. Residents of the Italian capital would still be able to visit Trevi Fountain for free, but tourists would have to pay a two euro “symbolic fee.” Revenue would go toward stewards who would help protect the monument.  Rome’s Deputy Mayor of Tourism Alessandro Onorato wants to introduce a ticketing reservation system around the fountain to better manage the flow of visitors. Residents of the Italian capital would still be able to visit Trevi Fountain for free, but tourists would have to pay a two euro “symbolic fee.” Revenue would go toward stewards who would help protect the monument.  Next, Southwest Airlines chair Gary Kelly plans to step down from the company’s board following pressure from a major shareholder, writes Airlines Reporter Meghna Maharishi and Airlines Editor Gordon Smith.Kelly will retire at the end of his term in 2025 following Southwest’s annual shareholder meeting. The news comes after Southwest’s board of directors met with Elliott Investment Management this week. Elliott, which has an 11% economic stake in the airline, has pushed for the resignations of Kelly and CEO Bob Jordan.The hedge fund has also called for other big changes at the struggling airline, including implementing baggage fees. Finally, Skift Research recently unveiled its State of Travel 2024 report, an in-depth look at the industry. Senior Research Analyst Varsha Arora examines three standout charts for a closer look. Arora notes a significant shift Skift Research has seen is the growing focus on experiences over material goods, which has boosted the demand for experiential travel. In addition, social media platforms are becoming an increasingly powerful tool not just for inspiration but for actual travel bookings. Skift Research found that 34% of travelers are very comfortable booking directly through social media platforms. Meanwhile, the appeal of travel loyalty programs is diminishing, especially among younger travelers. Producer/Presenter: Jose MarmolejosConnect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry. 
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Sep 10, 2024 • 4min

Apple’s New iPhones, Greece vs. Overtourism and Travel’s Popular Experiences

Episode NotesApple revealed more details on Monday about how it’s incorporating generative AI into its latest iPhones. Travel Technology Reporter Justin Dawes delves into how the new products could help travelers. The iPhone 16 and iPhone 16 Pro have been built with a dedicated camera button that can activate a tool to ask AI about visuals. Dawes notes the new iPhone can obtain information such as hours and ratings when pointed at a restaurant. In addition, the iPhone can save details about an event appearing on a flier to its calendar. However, Dawes reports a demo didn’t show whether the camera works for recognizing landmarks or translating text. Next, the Greek government has announced two new measures to combat overtourism, writes Global Tourism Reporter Dawit Habtemariam. Prime Minister Kyriakos Mitsotakis said recently that cruise passengers that step foot on the islands Santorini and Mykonos would be charged around $20 during the peak summer season. Revenue from the cruise fee would be used to mitigate the impact of the increased traffic. In addition, Mitsotakis announced that new short-term rental leases will be banned in three of Athens’ central districts for at least a year. The prime minister added the government will expand the ban to more districts if the number of short-term rentals exceeds a certain figure. Finally, Viator has unveiled data revealing the most popular travel experiences. Senior Hospitality Editor Sean O’Neill provides information about Viator’s findings.The data showed a surge in interest in hands-on experiences, with bookings for photography tours, sports lessons and painting classes all registering a 50% year-over-year increase. In addition, nearly half of Viator’s top experiences involved open-air activities like kayaking and mountain biking.Viator also revealed that bookings to cities with cooler climates — in particular, Helsinki and Stockholm — are booming as well as those to popular Asian destinations, such as Beijing and Osaka.Producer/Presenter: Jose MarmolejosConnect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.
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Sep 6, 2024 • 3min

Airline Loyalty Probe, Thomas Cook Sale and Hyatt Property Deals

Episode NotesThe Department of Transportation officially launched a probe on Thursday into whether the loyalty programs of the four largest U.S. airlines are engaging in deceptive or noncompetitive practices, writes Airlines Reporter Meghna Maharishi. Transportation Secretary Pete Buttigieg sent a letter to American, Delta, United and Southwest requesting that they provide records about their loyalty programs. The department said its probe would focus on how frequent flyer programs are impacted by extra fees and hidden pricing as well as reduced competition and choice. The Transportation Department first announced last November it would investigate the fairness of loyalty programs. Next, Poland-based online travel agency group eSky is buying tour operator Thomas Cook for roughly $40 million. Senior Hospitality Editor Sean O’Neill provides takeaways from the deal.O’Neill notes eSky’s acquisition is part of its strategy to expand its package holiday business in Western Europe. ESky expects the deal to increase package sales by over $255 million next year. However, O’Neill adds eSky faces challenges in reviving a tarnished brand as Thomas Cook went bankrupt in 2019. Finally, Hyatt wants to own fewer properties, and executives say they have reached a goal of $2 billion in gross proceeds from selling real estate, writes Senior Hospitality Editor Sean O’Neill. CEO Mark Hoplamazian said at a conference on Thursday that Hyatt will continue to selectively buy, renovate and sell properties to increase its brand portfolio. Since 2017, Hyatt has generated $5.6 billion in gross proceeds from asset sales. The company is also looking to make deals like its recent acquisition of hotel booking site Mr & Mrs Smith, which quickly added 700 hotels to Hyatt’s loyalty program and caters to Hyatt’s high-end clientele. 
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Sep 5, 2024 • 3min

Travel's Power Players, Hotel Growth Race and Expedia's B2B Business

Episode NotesSkift has unveiled its Power Rankings, our list of the most influential people in the travel industry. With the help of Skift Research, our editors spent several months establishing a methodology, crunching the numbers and weighing each leader’s influence to create our list of travel’s 30 most powerful people. Hilton CEO Chris Nassetta takes the top spot on our list. During his time as Hilton CEO, Nassetta has more than doubled Hilton’s global room. Number two is Airbnb CEO Brian Chesky, who has helped change how many people travel around the world. And just behind Chesky is United Airlines CEO Scott Kirby, the driving force behind the Chicago-based carrier being one of the U.S.’ most profitable airlines. Next, both Marriott and Hilton recently reached milestones in terms of portfolio growth. What company is leading the hotel growth race though? Senior Hospitality Editor Sean O’Neill delves into the matter.Hilton and Accor have seen their property counts increase by at least 6% in the past five years. Meanwhile, Hyatt registered a 25% growth spurt although O’Neill notes it was a jump from a significantly smaller base. As for room count, Hyatt was the largest gainer, recording a roughly 16% increase in the last five years. Finally, Expedia Group CEO Ariane Gorin has defended its $25 billion B2B business, arguing it isn’t diluting the company’s consumer businesses, writes Executive Editor Dennis Schaal.Gorin said at a recent investor conference that the B2B business is “incremental” to Expedia’s consumer businesses — including Expedia.com, Hotels.com and Vrbo. She noted that 60% of the bookings in the B2B business take place at points of sale on partner sites outside of the U.S. As for Expedia’s total business, including its consumer brands, only about 36% of revenue last year was generated outside of the U.S.  However, Skift Senior Research Analyst Pranavi Agarwal argues that Expedia is creating more competition for itself. Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.
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Sep 4, 2024 • 4min

Striking Hotel Workers, Southwest’s Activists and NZ’s Tourist Fees

Episode NotesThousands of hotel workers went on strikeacross several large U.S. cities between Sunday and Tuesday. Senior Hospitality Editor Sean O’Neill examines why the strikes are taking place and what they mean for the hotel industry. More than 9,000 workers at 21 hotels in 9 cities went on strike on Tuesday. O’Neill notes that hotels are struggling to balance maximizing profits with worker demands for better pay and improved working conditions. Gwen Mills, president of union Unite Here, told Skift in June that workers want increased wages as hotel revenue per room had gone up in recent months. Roughly 40,000 hotel workers in 22 North American markets have union contracts that could expire in the next year. Unite Here has threatened to expand strikes to 65 hotels in up to a dozen cities if its demands aren’t met.Next, investor Elliott Investment Management now owns 10% of Southwest Airlines’ common stock shares. That enables Elliott to hold a special meeting during which it could vote to make big changes at the airline, writes Airlines Reporter Meghna Maharishi. Regulatory filings posted on Tuesday revealed that Elliott managed to convert 10% of its economic stake in Southwest into common stock. Elliott could use a special meeting to force a vote on whether to oust Southwest CEO Bob Jordan and chair Gary Kelly. Special meetings are typically used to request shareholder votes on issues that can’t wait until the next general meeting.Elliott said it wants a leadership change at Southwest in part because the carrier’s stock has lost 50% of its market value in the last three years.  Finally, New Zealand has announced it will nearly triple entry fees for visitors, reports Associate Editor Rashaad Jorden. Travelers to the country will pay roughly $62 U.S. starting on October 1, up from a little more than $21. The increased entry fee is intended to help cover the costs of environmental protection around the country. Tourism Minister Matt Doocey argued the increased entry fee wouldn’t hurt travel since the new amount represents less than 3% of most visitors’ spending. However, some tourism executives believe the entry fee hike will make it more challenging for New Zealand to attract tourists. Producer/Presenter: Jose MarmolejosConnect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.
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Aug 30, 2024 • 3min

Billion Dollar Airport Upgrades, Qantas' New Jets and Edinburgh's Tourist Tax

Episode NotesAirports worldwide are investing large amounts in tech upgrades for a projected huge increase in passenger traffic. Travel Technology Reporter Justin Dawes profiles five U.S. airports making upgrades.JFK Airport shared plans earlier this year for its new terminal 6, which will include digital concierge services as well as a self check-in and bag drop. The airport said its new terminal 1 would feature a state-of-the-art baggage handling system. San Francisco International Airport has started working on a $2.6 billion project to modernize terminal 3, which will include automated bag drop stations and new security checkpoints. And Pittsburgh International Airport is building a new terminal with more streamlined ticketing stations and baggage claim systems. Next, Qantas unveiled details about its all-new aircraft on Thursday. Airlines Editor Gordon Smith takes a look at the Airbus A321XLR, which the Australian carrier will start receiving next April.  Qantas says the aircraft — which Airbus has coined the “XLR” or “Xtra Long Range” — will open up direct domestic and short-haul international routes. It’s a direct replacement for Qantas’ existing Boeing 737s, which are due to leave the carrier’s fleet over the next decade. The XLR can fly around 1,500 nautical miles further than the outgoing 737s. Finally, Edinburgh’s city council recently approved a proposal to levy Scotland’s first tourist tax. Local officials are worried the tax could make the city less competitive, writes Global Tourism Reporter Dawit Habtemariam. The “Transient Visitor Levy” will charge guests staying at paid accommodations in Edinburgh 5% per room night. Capped at seven consecutive days, the tax will go into effect in 2026. Edinburgh officials will use the funds for affordable housing, infrastructure and destination management, among other areas. Habtemariam notes some tourism businesses are concerned the new tax will make the Scottish capital more expensive for tourists. Marc Crothall, chief executive of the Scottish Tourism Alliance, described Edinburgh’s new tax as a contentious matter, citing concerns about the possible impact on future bookings.  For more travel stories and deep dives into the latest trends, head to skift.com. Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.
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Aug 29, 2024 • 4min

Short-Term Rental Arms Race, Saudi Tourism Push and Air France-KLM's Next Move

Episode NotesA growing number of short-term rental hosts are turning to amenities such as pools, hot tubs and mini golf to help stand out from the competition. Reporter James Farrell examines what one executive calls an “amenities arms race.”Farrell writes hosts and owners willing to invest in developing properties with high-end amenities are likely to see benefits. Analysis from AirDNA found that listings with pools and hot tubs posted higher revenues and occupancy rates than listings without them. Luxury listings with high-quality amenities saw more pronounced revenue benefits than budget or economy listings. Farrell adds the push for more amenities might be driven partly by the desire of hosts to appeal to families as well as wellness or adventure travelers. David Krauss, CEO of advocacy group Rent Responsibly, said members of those groups tend to expect high-quality amenities.  Next, Saudi Arabia says it’s a destination for all types of travelers in its new tourism campaign, writes Middle East Reporter Josh Corder.A video titled “This Land is Calling” showcases several of the kingdom’s attractions, including skyscrapers and seaside resorts. Corder notes the campaign aims to highlight the nature in the country as well as its culture and entertainment options. The video’s narrator is a solo female traveler as Saudi Arabia attempts to send a message that it’s a welcoming environment for female travelers. The campaign launched on Wednesday in the UK, the U.S., France, Italy and Germany. Finally, the Air France-KLM Group has officially become a shareholder in SAS Scandinavian Airlines, having formally acquired a roughly 20% stake in the company. Airlines Editor Gordon Smith lists three things to pay attention to. SAS will join the SkyTeam group of airlines on September 1 after having long been a member of rival Star Alliance. Smith notes one of the biggest implications of the shift pertains to loyalty programs, with members of SAS and Air France-KLM’s programs soon being able to enjoy reciprocal frequent flyer benefits. Smith adds that flyers will find buying tickets and connecting between flights operated by the airlines easier. For example, Air France-KLM passengers will have easier access to 33 destinations in Northern Europe via SAS hubs. In addition, SAS confirmed it recently completed bankruptcy proceedings in the U.S., which CEO Anko van der Weff said represents a new era for the company. For more travel stories and deep dives into the latest trends, head to skift.com. Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.
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Aug 28, 2024 • 4min

Travel Innovators, Parks Vs. Overtourism and China’s Senior Travelers

Episode NotesColumnist Colin Nagy believes a growing number of luxury travelers are looking for depth instead of hyper glitz. With that in mind, he provides his list of this summer’s biggest innovators in travel as well as information about more than a dozen noteworthy trends in the industry.Nagy writes his list is inspired by brands that build and execute with integrity and vision. He praised Belmond, his choice for hospitality brand of the year, for embracing the idea of slow luxury. Nagy also commended the Mandarin Oriental for showing a deep respect to Oman’s culture in the opening of the company’s newest property in the country.In addition, Nagy cited Sri Lanka and the Pacific island nation of Palau as destinations he’s paying close attention to. Next, the National Park Foundation recently received a $100 million grant to help combat overtourism at the country’s national parks. Global Tourism Reporter Dawit Habtemariam lists three ways national parks are looking to manage visitor numbers. More parks are requiring visitors to make a reservation for peak periods. Glacier and Mount Ranier National Parks have implemented vehicle reservation systems for popular entrances while Yosemite reinstated its requirement that visitors book their visits in advance during certain periods. The National Park Service also plans to implement a uniform permit application process for tour operators. In addition, some parks — including Zion and Glacier — have raised camping fees to cover maintenance costs, while others have submitted proposals for fee increases next year.Finally, Trip.com Group reports that China’s senior citizens are spending a large amount of money on travel. So the company is taking more steps to appeal to that growing segment of China’s population, writes Asia Editor Peden Doma Bhutia. Trip.com Group recently launched the Old Friends Club, which is geared toward travelers older than 50. The company said Chinese senior citizens have spent more than $224 million on its platform this year. CEO Jane Sun said during its earnings call this week that seniors are showing a growing interest in customized tours.  Bhutia notes China’s population is aging rapidly, with 28% of Chinese projected to be older than 60 by 2040.Producer/Presenter: Jose MarmolejosConnect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.
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Aug 27, 2024 • 4min

Labor Day Surge, Middle East Bump, and Amex GBT and AI

Episode NotesRecent data suggests Americans are traveling in large numbers for Labor Day, and short-term rentals are seeing a surge in bookings for the holiday weekend, writes Global Tourism Reporter Dawit Habtemariam. More than 2.4 million nights have been booked on short-term rental platforms for the four-day period ending on September 1. That’s a 13% jump from last year, according to data analytics firm AirDNA. Short-term rental daily room rates are up 13% from last year. However, short-term rentals at urban destinations increased by only 1%, which AirDNA attributes to New York City’s crackdown on the sector. Domestic travel for the Labor Day weekend is projected to be up 9% from last year, according to AAANext, American Express Global Business Travel is increasingly using AI to handle trip requests via e-mail, which can help free up agents to take care of more critical tasks, reports Senior Hospitality Editor Sean O’Neill.Chief Marketing and Strategy Officer Evan Konwiser said agents manually reading, routing and responding to every message creates bottlenecks and inconsistent service. Natural language processing enables Amex GBT agents to categorize incoming messages accurately, such as urgent flight changes and routine invoice requests. Amex GBT is also benefiting as large corporate clients grapple with net-zero commitments – it is developing tools to help corporations make travel choices that cut their carbon impacts.Finally, the Middle East is seeing a tourism surge, largely driven by an increase in Saudi Arabia, writes Middle East Reporter Josh Corder.Saudi Arabia saw a combined 60 million international and domestic tourists in the first half of this year. Those travelers injected roughly $38.1 billion into the economy. Saudi officials didn’t disclose the split between international and domestic tourists. The kingdom also has the most hotels under construction among Middle Eastern countries.  Meanwhile, Dubai saw a 9% increase in international overnight visitors in the first six months of 2024 from last year. And Qatar saw a 28% jump from the same period. Producer/Presenter: Jose MarmolejosConnect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.
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Aug 23, 2024 • 3min

Biz Class Bookings, Viking’s Earnings and Small Meetings Boom

Episode NotesHotels are devising plans to bypass traditional booking intermediaries to help boost direct bookings from corporations and businesses. Senior Hospitality Editor Sean O’Neill explains why the shift could disrupt how business travel is sold. Some hotel executives believe they can attract business travelers to book directly if they provide more enticing offers that can’t be found via third parties. Several large hotels are testing a new pricing and booking process called attribute-based booking. Hotel executives have argued the new process will help corporations better understand their spending. Attracting more direct bookings could help hotels save money. However, O’Neill notes a transition to attribute-based booking faces several hurdles, including a lack of industry-wide standards. Next, Viking CEO Torstein Hagen said the luxury cruise line doesn’t see any sign of a slowdown in travel, writes Global Tourism Reporter Dawit Habtemariam. Hagen said during its second-quarter earnings call on Tuesday that Viking doesn’t see any reason for concern going into 2025. He added the company recently had one of its strongest booking weeks ever. Habtemariam notes roughly 95% of Viking’s passenger cruise days for 2024 were booked as of August 11. Viking Holdings generated $1.6 billion worth of revenue during the second quarter, a roughly 9% increase from last year. Finally, a growing number of companies are organizing regular in-person gatherings to bring staff together. That’s driving travel managers and hotels to modify their offerings to cater to the boom in smaller meetings and events, writes Reporter Christiana Sciaudone.  Travel management firm Reed & Mackay recently doubled its meetings and events staff to address growing demand for offsite internal events. DeAnne Dale, an executive at the company, said clients are doubling or tripling their number of yearly gatherings and reorganizing how they operate. Meanwhile, Hilton has made it easier for companies to book room blocks and meeting spaces online with customized packages. CEO Chris Nassetta said during a recent earnings call that the company is poised to get a boost from meetings and events. For more travel stories and deep dives into the latest trends, head to skift.com. Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/X: https://twitter.com/skiftFacebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Subscribe to @SkiftNews and never miss an update from the travel industry.

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