Middle East Tourism’s Fading Momentum
Today's podcast looks at the strength and weaknesses of Middle East's tourism sector, how travel companies are using artificial intelligence, and some fresh funding for travel startup Klook.
Sean O’Neill is Skift’s Senior Hospitality Editor. Sean’s forte is reporting, and he’s broken multiple hotel industry scoops. He has also conducted 1:1 interviews on stage with the CEOs of Marriott, Hilton, IHG, Hyatt, and Wyndham.
Klook Raises $210 Million to Compete With Viator and GetYourGuide
Klook turning profitable is good news. And the travel startup's failure to get additional follow-on funding from troubled backer Softbank is unsurprising. Klook has made great strides, but it must someday find an exit for its early investors.
IHG CEO Sees Credit Cards as Key to Unlocking More Growth
IHG believes its larger peers make 10 times as much in fees from co-branded credit cards than it does. So it has room to grow this profitable revenue.
Selina’s Struggle to Survive: What’s Next for the Hotel Brand
Selina hopes to avoid bankruptcy by seeking a restructuring out of court. Other travel companies that have similarly struggled after going public in a rocky market will watch closely.
What’s Next for the Alaska-Hawaiian Airline Merger
Today's podcast looks at the Alaska Air-Hawaiian Air combo, American Air's tussle with travel agents, and an investment in Travelport.
Saudi Arabia’s Wealth Fund Takes 49% of Rocco Forte in Luxury Hotel Play
Saudi's main investment fund is a wolf in cashmere that knows the value of luxury assets. This deal underscores the enduring resilience and allure of European luxury travel.
How Posadas, Mexico’s Largest Hotel Group, Competes Against Global Giants
Posadas could be a partner for major hotel groups for co-marketing deals, given the quality of its Mexican resorts.
Hyatt’s Loyalty Program Expands Rare Perk: Sharing Status for a Day
Sharing is caring. But it can also drive viral marketing for a hotel loyalty program.
Accor Names New CEOs for Luxury Hotel Brands Orient Express and Fairmont
Accor said on Thursday it would appoint Gilda Perez-Alvarado as CEO of Orient Express, its luxury hotel brand, effective January 1.
Dolly Parton’s Newest Hotel Shows Her Independent Streak
Further cementing her status as a savvy entrepreneur, Dolly Parton and her partner company, Herschend Family Entertainment, run their hotels without the help of third parties.