Skift Daily Travel Briefing

Hilton CEO Chris Nassetta was the highest-paid hotel executive in 2024 with $58.7 million in compensation, followed by Marriott’s Anthony Capuano and Wyndham’s Geoffrey Ballotti. Meanwhile, Beijing has instructed Chinese airlines not to place new orders with Boeing amid rising U.S.-China trade tensions, a move that could impact both the aircraft manufacturer and China’s carriers. Lastly, travel brands in Southern Europe are adjusting to extreme heat, with companies like Intrepid Travel shifting tours northward and Melia Hotels planning a 2025 climate resilience strategy. What 10 Hotel and Resorts CEOs Were Paid in 2024 Chinese Airlines Told to Halt Boeing Orders: What It Means for Both Sides Warnings of Soaring Heat in Europe - Travel Businesses Begin to Adapt Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews (https://www.youtube.com/@SkiftNews) and never miss an update from the travel industry.

U.S. hotel growth is slowing due to weak travel demand and economic uncertainty, with Goldman Sachs projecting minimal revenue increases and a 45% chance of recession. Expedia has begun selling Ryanair flights in the U.S. and Europe after resolving a legal dispute, marking a shift in how airlines distribute inventory online. Meanwhile, new maritime regulations will require cruise lines to pay for carbon emissions, pushing the industry toward cleaner operations by 2035. U.S. Hotels Face Slowing Growth, with Weak Demand and Policy Uncertainty: Goldman Sachs New Global Rules to Force Cruise Ships to Pay for Carbon Emissions Ryanair Flights Now Available on Expedia Sites in Latest Milestone Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews (https://www.youtube.com/@SkiftNews) and never miss an update from the travel industry.

Travel executives are seeing early signs of weakening U.S. travel demand amid economic uncertainty, with hotel prices dropping and travelers opting for cheaper domestic trips. Frontier Airlines plans to cut capacity and anticipates a first-quarter net loss due to softening demand and necessary fare promotions. Meanwhile, Marriott has launched a new emotionally driven ad campaign, “Travel Shapes Us,” focusing on personal experiences rather than traditional hotel amenities. These Travel Tech Execs See Early Signs of Weakening Demand Marriott Unveils New Ad Campaign: 'Travel Shapes Us' Frontier Airlines Cuts Forecast, Cites Weak Demand and Fare Cuts Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews (https://www.youtube.com/@SkiftNews) and never miss an update from the travel industry.

Delta Air Lines has paused its 2025 outlook due to economic uncertainty and stalled growth, despite gains in international and premium revenue, while also noting a drop in Canadian bookings. Mandarin Oriental Hotel Group is launching its first major brand refresh since 1985, including a new app, updated branding, and an expanded global portfolio plan. Meanwhile, the short-term rental industry struggles to track its carbon footprint, with major platforms not requiring hosts to report emissions despite their sustainability goals. ‘Growth Has Largely Stalled’: Delta CEO Sounds Alarm on Tariffs Behind Mandarin Oriental's First Brand Update in 4 Decades — Exclusive The Problem With Tracking Short-Term Rental Emissions: ‘How on Earth Do You Count Them?’ Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews (https://www.youtube.com/@SkiftNews)  and never miss an update from the travel industry.

International arrivals to the U.S. dropped over 11% in March compared to last year, with significant declines from Western Europe, especially Germany, according to new government data. Morningstar has downgraded its 2025 revenue growth forecasts for major online travel companies due to economic concerns and tariffs introduced by President Trump. Meanwhile, Emirates’ president warned of a potential global economic reset, pointing to current financial market instability and challenges faced by major U.S. airlines. U.S. Tourism Data Warning: Visits From Europe Dropped in March Emirates President Warns: 'We Are in Troubled Times,' as Global Reset Looms Growth Outlook for Online Travel Firms Cut in Half: Morningstar Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews (https://www.youtube.com/@SkiftNews)  and never miss an update from the travel industry.

The U.S. hotel industry is under pressure due to trade disruptions from Trump's tariff policies, with HotelAVE CEO Michelle Russo warning of a 5% drop in revenue per available room and advising hotels to prepare for supply chain issues and reduced traveler demand. Spirit Airlines is undergoing a major leadership shake-up as CEO Ted Christie and CCO Matt Klein step down, following the airline’s recent emergence from Chapter 11 bankruptcy. Meanwhile, Europe’s upscale and luxury hotel sector, which saw $12 billion in transactions last year, is now grappling with new tariffs and market instability, causing many deals to be put on hold. A Tariff War Playbook for Hotels: What a Major Asset Manager Is Thinking Spirit Airlines CEO Steps Down as Part of Leadership Overhaul European Hotel Transactions Were Improving. That's Now in Jeopardy Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews (https://www.youtube.com/@SkiftNews)  and never miss an update from the travel industry.

Special Monday Edition:Global travel stocks suffered steep declines on Monday, with major markets in Asia, the Middle East, and Europe seeing significant selloffs due to mounting fears over global tariffs and economic instability. The Hang Seng index dropped over 13%, its worst fall since 1997, while travel-linked stocks like Trip.com and Alibaba plunged by double digits. European airlines and hotel giants also took hits, with IAG, Lufthansa, Accor, and IHG all posting substantial losses amid concerns about falling transatlantic travel demand and trade war impacts. In the Middle East, markets continued a downward slide, compounded by plunging oil prices and significant losses in companies like Saudi Aramco, adding to fears about tourism investment in the region.Read the full story on Skift.Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews and never miss an update from the travel industry.

President Trump's newly announced tariffs have increased recession fears, triggering a sharp drop in travel company stocks and prompting Skift Research to revise its 2025 global travel growth forecast down to 2-5%. U.S. and European airlines were hit hard, with major carriers like United, Delta, and American seeing stock declines of at least 8%, as economic uncertainty continues to weigh on the industry. Meanwhile, airlines are falling behind on their goal of net zero emissions by 2050 due to slow progress in sustainable aviation fuel production, with the IATA blaming government inaction. Travel Stock Carnage and Our New – Lower – Forecasts U.S. Tariffs Cloud Airline Industry Outlook as Stocks Plummet Airlines Warn About Hitting 'Net Zero' Emissions Goal: 'We Are Being Let Down' Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews and never miss an update from the travel industry.

U.S. President Donald Trump proposed extensive new tariffs that could indirectly impact the travel industry by raising costs for goods and potentially deterring international tourists due to rising prices and geopolitical tensions. Meanwhile, travel brands are facing uncertainty around marketing on TikTok as a U.S. ban looms, even though the app plays a significant role in travel discovery and promotion. Lastly, Virgin Voyages’ adults-only cruise strategy has proven successful, with a 60% revenue increase last year, as the company taps into a market segment often overlooked by traditional cruise lines. Trump’s New Tariffs and the Potential Hit to Travel TikTok Ban: Deadline Nears, What Does It Mean For Travel? Virgin Voyages CEO: Child-Free Strategy Fills Untapped Market Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews and never miss an update from the travel industry.

U.S. tariffs introduced by President Trump may indirectly affect the travel industry by increasing costs and strengthening the dollar, potentially deterring international visitors and raising expenses for hotel owners. Travel leaders like United Airlines and Accor have already reported declines in international travel to the U.S., citing negative perceptions and rising tensions as contributing factors. Meanwhile, vacation rental company Vacasa has endorsed a lower buyout offer from Casago and Roofstock over a higher bid from hedge fund Davidson Kempner, leading to legal scrutiny and an upcoming shareholder vote. Tariffs Won’t Be a Direct Hit on Travel - But They Can Still Hurt Europeans Are Cutting U.S. Summer Trips Due to 'Bad Buzz', Accor CEO Says Inside the Vacasa Bidding War — The Unfolding Battle Connect with SkiftLinkedIn: https://www.linkedin.com/company/skift/WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/Facebook: https://facebook.com/skiftnewsInstagram: https://www.instagram.com/skiftnews/Threads: https://www.threads.net/@skiftnewsBluesky: https://bsky.app/profile/skiftnews.bsky.socialX: https://twitter.com/skiftSubscribe to @SkiftNews and never miss an update from the travel industry.