Stay22 is projecting sales of over $415M USD for travel seller partners in 2024 as the company expands both content provider partners and travel seller portfolio.
13.02.2024 - 09:33 / skift.com / Dennis Schaal / Rashaad Jorden / Joby Aviation / Gordon Smith
Good morning from Skift. It’s Tuesday, February 13. Here’s what you need to know about the business of travel today.
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The Bahamas saw a drop in short-term rental bookings and hotel reservations in January after a U.S. State Department safety alert to travelers, writes Global Tourism Reporter Dawit Habtemariam.
Habtemariam notes short-term rental bookings fell 7% in January from the same month in 2023. Meanwhile, hotels in the Bahamas also registered weekly occupancy declines from last year throughout the month. While higher average daily rates may have deterred bookings, those drops followed a U.S. Embassy alert warning Americans about crime in Nassau.
A State Department spokesperson said the overall Travel Advisory for the Bahamas is at Level 2, which advises U.S. citizens to be cautious in the country due to crime.
Next, Expedia Group’s equity stake in American Express Global Business Travel has taken a beating — to the tune of $326 million, reports Executive Editor Dennis Schaal.
Expedia said on Monday the fair value of its equity stake in Amex GBT has dropped 40% since 2021. Expedia took a 19% stake in Amex GBT following its sale of corporate travel agency Egencia. However, Schaal notes Expedia may have benefited from the deal on several levels, including enabling it to offer hotel stays and vacation rentals to business travelers through Amex GBT.
Finally, flying taxis could take to the skies in Dubai by 2026 after local officials signed a deal with electric aircraft maker Joby Aviation, writes Airlines Editor Gordon Smith.
Joby’s contract with Dubai’s Road and Transport Authority gives the company exclusive rights to operate flying taxis in Dubai for six years. Smith notes Joby believes it could even operate air taxis next year, ahead of the planned 2026 launch. Joby has also signed a deal with infrastructure company Skysports, which will build and run take-off and landing areas for flying taxis in Dubai. Still, it’s no sure thing: As with all pioneering technologies, progress in the sector has been peppered with pitfalls.
Stay22 is projecting sales of over $415M USD for travel seller partners in 2024 as the company expands both content provider partners and travel seller portfolio.
SilverDoor Shares First Accommodation Market Quarterly Update for 2024
ALTOUR will be the first Atriis client to go live in March. The content will become widely available to all Atriis users during Q2 2024.
The success not only reflects the unwavering commitment of the developer towards excellence, but also sets the stage for a promising future in the burgeoning realm of luxury real estate in Dubai.
Located in the heart of the Aegean Sea, the picturesque island of Paros has recently captured the hearts of travellers worldwide, thanks to its starring role in the smash hit Netflix drama One Day.
Air New Zealand has apologized after it charged a married couple $8,000 to change their flight.
An imposing 189 metres up in the sky, London’s BT Tower doesn’t look like the most hospitable place to rest your head.
Alaska Airlines will launch a new flight between Portland, Oregon, and Atlanta this fall, continuing its efforts to expand its network this year.
Boeing’s efforts to improve its safety culture have been insufficient, a Federal Aviation Administration expert panel reported Monday.
What ski culture in the US has historically lacked is the idea of community-based après-ski activities. In the US, après-ski is usually no more than grabbing a drink in the ski lodge bar, and lacks the kind of scale and excitement that makes it a vital part of the ski day, as you’d find in the Alps.
In an extraordinary display of the strength of our country’s tourism sector, The Bahamas Ministry of Tourism, Investments & Aviation is proud to announce record-breaking visitor arrivals for 2023, which exceeded the forecasted projections. Surpassing all previous records, the nation welcomed a total of 9,654,838 visitors in 2023, marking a historic milestone in its journey as a leading global tourism destination. This figure represents a 38% increase over 2022 and a 33% increase compared to the previous 2019 record.
There are more than 17,000 golf courses in this country, and over a thousand in Florida alone (the most in the country), but there are none quite like the new Match Course at PGA National Resort in Palm Beach Gardens, FL.