With more than 8 million people crammed into five boroughs spanning a mere 300 sq miles, New York City is a boisterous metropolis that famously refuses to sleep.
25.08.2023 - 13:30 / skift.com / Jason Clampet / Pieter Elbers
This week was packed with so much short-term rental news that we’re worried it may overshadow next week’s sold-out Skift Short-Term Rental Summit (but not worried, especially since you can still register to watch the livestream). First it was the release of our big list of the most-influential 250 brands in short-term rentals. Then it was a flurry of activity on Friday as Airbnb sought to put an end to New York City rules that will restrict certain types of activity in the city. We have everything covered, below.
Expedia CEO Calls Out Rival Agoda: How They Get Those Cheap Prices
Apple doesn’t let Best Buy discount iPhones, and hoteliers don’t want online travel agencies like Agoda to undercut their rates. A win for the hotel industry would be a loss for travelers.
Highest-Paid Hotel CEOs
Most CEOs at the largest hotel companies ended 2022 with less actual overall compensation than they might have. We know this fact thanks to a splendid new U.S. reporting requirement, which cast pay packages in a fresh light. See More: Highest Paid Online Travel CEOs
Indigo CEO on Big Planes, Bigger Plans and a Potential Loyalty Program
Recognizing Indian low-cost carrier Indigo’s achievement of flying 86 million passengers in 2023 fiscal, CEO Pieter Elbers acknowledges that customer choice plays a vital role in achieving such remarkable numbers. No wonder, Indigo thinks it’s now time to implement a loyalty program to help attract and retain customers.
Travel Die Hards: Agents Continue to Adapt to Disruption
Managing complexity and adding a human touch has always been the strength of travel agents. They’ll need to embrace that as they face the latest travel tech disruptions.
GetYourGuide’s $194 Million Investment Raise Pushes it Towards $2 Billion Valuation
GetYourGuide has moved into the $1 billion+ funding league with its latest raise. This might seem high in the short term, but not if projections for growth in the experiences sector hold.
Airbnb Says These Rules Chill the Host Registration Process in New York City
It is a charade for New York City to require hosts to have no locks on any bedroom door in their unit so guests and hosts can live in a “common household.” On the other hand, requiring platforms to submit transaction reports doesn’t seem unreasonable. More on This: Airbnb Sues New York City Ahead of July Deadline That Puts $85 Million in Annual Bookings at Risk
Small Cities Lose Air Service as Large Airlines Exit
Post-pandemic airline economics is killing flights to small cities.
Unleashing AI: The Potential for Hospitality Brands
Hospitality brands stand to benefit from both the creative possibilities and the efficiency that AI will bring. Here’s how to start thinking about it now.
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With more than 8 million people crammed into five boroughs spanning a mere 300 sq miles, New York City is a boisterous metropolis that famously refuses to sleep.
The time of year will definitely be a factor in how you choose to get around when you visit New York City – taking the subway in summer or opting to walk in the depths of winter can test your discomfort threshold. On the other hand, in the city that never sleeps, you can get anywhere, anytime, thanks to night-owl cabbies and trains that run around the clock. That's a boast not many other cities can make.
There are plenty of people out there who, for some ungodly reason, pay lots of money to be scared.
Anyone who knows me and my dining out habits knows that once I discover a restaurant I love, I’m hooked and go again and again- that could mean twice a week or more sometimes or weekly straight for a year when I’m in town.
Thousands of Airbnbs and short-term rentals are about to be wiped off the map in New York City.
Good morning from Skift. It’s Wednesday, September 6. Here’s what you need to know about the business of travel today.
Airbnb and New York City have often had a tough relationship, one marked by lawsuits and other disputes. Airbnb has argued that New York City’s regulations have hurt its ability to do business, which the company believes will become more challenging when the city starts enforcing its host registration law regarding short-term rentals on September 5.
In our weekend roundup, we delve into the pros and cons of Google’s latest foray into the tours and activities industry, providing insights into how online travel agencies might stand to benefit. We also catch up with IHG’s new CEO Elie Maalouf and his ambitious plans for the brand’s future. From AI’s influence on the travel sector to the latest controversies in short-term rentals, keep reading for a comprehensive look at the most pressing issues in today’s travel landscape.
The vice chairman and CEO of Expedia Group, Peter Kern, covered a lot of ground during his session at Skift Global Forum in New York City in September. Kern gave his perspective on mergers and acquisitions, technology, and micro-services.
This week Executive Editor Dennis Schaal stepped back from the earnings buzzsaw that has been the last month and took a longer look at three brands he covers a lot: Airbnb, Expedia, and Booking. In the case of Airbnb, he looked at what it and Booking may do with their piles of cash, as well as what it should expect from Expedia’s Vrbo. These are two stories that would not have been possible to write this time last year when Airbnb didn’t have a year behind it as a public company.
Hotel leaders from around the world gathered in London this week for the Skift Future of Lodging Forum. Senior Hospitality Editor Sean O’Neill wrote an excellent summary of the event earlier this week where he shared slides from speakers, quotes from attendees, and a Paris Hilton TikTok.
New York’s tourism industry has roared back from its rough pandemic years, but local pessimism and empty offices could hamper the sector’s long-term trajectory.