Category: coronavirus recovery

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What Airbnb Fears the Most and 12 Other Top Travel Stories This Week

Bollywood icon Shah Rukh Khan (SRK) and his wife Gauri Khan temporarily put their Delhi home up on Airbnb via a promotional contest. AirbnbSkift Take: In this roundup, we highlight our coverage of Airbnb’s financials released ahead of its initial public offering (we wrote eight articles!), the key takeaways from the inaugural Skit Aviation Forum,…… Continue reading What Airbnb Fears the Most and 12 Other Top Travel Stories This Week

New Sites and Apps Aim to Dispel Confusion About Travel Restrictions Worldwide

Passengers of a flight from Amsterdam wearing protective face masks arrive at the Eleftherios Venizelos International Airport, following the easing of measures against the spread of coronavirus disease, in Athens, Greece, June 15, 2020. Alkis Konstantinidis / ReutersSkift Take: Who isn’t confused about the ever-changing pandemic-related restrictions in place? It’s good to have some more…… Continue reading New Sites and Apps Aim to Dispel Confusion About Travel Restrictions Worldwide

Booking Holdings Says Leisure Hotels Are Able to Hold Rates Without Having to Offer Deep Discounts

A jetty for guest arrivals at the Baros Maldives, a luxury property in the Baros resort island in the Maldives that reopens October 1, 2020. Baros MaldivesSkift Take: A hotel price war hasn’t materialized as some dreaded. Booking Holdings CEO Glenn Fogel sees an opportunity to prove the value of his brands as a source…… Continue reading Booking Holdings Says Leisure Hotels Are Able to Hold Rates Without Having to Offer Deep Discounts

Europe Sees Modest Rebound in Cheap Flight Bookings: New Skyscanner Data

Young Asian woman with backpack in international airport looking at the flight information timetables board. Skyscanner, the travel price-comparison brand, has shared data suggesting a rebound in some types of flight bookings in Europe for cheap short hops. AdobeSkift Take: If you’re looking for flickers of hope, new data suggests that budget airlines are seeing…… Continue reading Europe Sees Modest Rebound in Cheap Flight Bookings: New Skyscanner Data

New Booking Data Shows Lopsided Global Recovery Frustrating Travel Outfits

Raffles Hotel and Resorts opened its Raffles Bali property in July 2020, with 32 ocean view villas in Jimbaran. AccorSkift Take: You can’t really talk about a global recovery for the travel sector overall. Regions are out of sync, reveals new data from Travelport. Companies are affected differently, depending on their market exposure. — Sean…… Continue reading New Booking Data Shows Lopsided Global Recovery Frustrating Travel Outfits

India’s MakeMyTrip Pushes Out Expectations for Profits Even Further Because of Pandemic

The Jal Mahal Palace near Jaipur, which is the capital of the state of Rajasthan, India. Sayan Nath / UnsplashSkift Take: One wonders whether some travel companies like MakeMyTrip Group must rethink parts of their business during the pandemic. They may continue to struggle to pay out millions in refunds to customers due to a…… Continue reading India’s MakeMyTrip Pushes Out Expectations for Profits Even Further Because of Pandemic

Airports and Rail Operators Prioritize Some Touchless Technologies Over Others

Eurostar, a rail operator, will in 2021 roll out new facial recognition technology powered by the vendor iProov for passport control and ticket identification. IProovSkift Take: Vendors are getting creative with pandemic-related services, like the following: Passport control via facial recognition. Contactless elevators. Food-ordering without needing an app. Luggage disinfection via ultraviolet light. Mask-detecting robots.…… Continue reading Airports and Rail Operators Prioritize Some Touchless Technologies Over Others

Despegar Salvages Its Acquisition of Mexican Travel Agency Best Day

Cityscape of Buenos Aires, Argentina. JumpStorySkift Take: Despegar, Latin America’s largest online travel company, will pay much, much less than its original $136 million proposed price to buy Mexican travel agency Best Day. Expect similar tough haggling over deal terms by travel companies across the globe. — Sean O’NeillRead the Complete Story On Skift

Another Travel Merger Sunk by Coronavirus: Ebix Purchase of Yatra Falls Apart

Dhruv Shringi, the co-founder of Yatra, has been CEO of the travel company based in Gurgaon for about 14 years. YatraSkift Take: The crisis has caused several deals in the travel sector to come undone, such as an American Express GBT deal, Wex’s bid to buy Enett, and Sabre’s bid to buy Farelogix. But ever…… Continue reading Another Travel Merger Sunk by Coronavirus: Ebix Purchase of Yatra Falls Apart