The tours, activities, and experiences market is a lucrative and underexplored opportunity in the travel industry. Its high fragmentation, influx of small suppliers, and rapid shift from offline to online makes it a goldmine for online intermediaries to gain market share from traditional offline players.
Hotelbeds, which reportedly hired bankers a couple of months ago to ready an initial public offering, has appointed a new general counsel, and the hotel wholesaler touted her experience in…
The future role of the global distribution system could be a lot different than it is today. Amadeus is investing to ensure it maintains its place in that future.
Travel's focus on sustainability is giving way to the more impactful concept of regeneration. Luxury travel, too, is stepping up, looking beyond minimizing harm to actively restoring and improving ecosystems. The challenge lies in execution, where real-world impact will define success.
As with lots of cash and stock deals, the ultimate outcome will depend on Upgrade's eventual exit, and how that turns out. On the face of it, though, this deal looks underwhelming for Uplift.
In a recent webinar, Amazon Web Services (AWS) joined Skift to explore how cloud technology can unlock foundational innovation for travel and hospitality companies across their organizations.