Busting Myths About Deglobalization and What It Means For Travel

Collette is now offering an exclusive Fall Flash presale for travel advisors.

At at time when the travel industry is still grappling with a labor shortage, you have to think some companies in the sector are “labor hoarding,” hanging on to workers that might have otherwise been downsized for costs savings or seasonality reasons, simply because of the fear of not being able to fill roles later.

The investor mania for special purpose acquisition companies, or SPACs, in the past two years cooled mighty quick, with most travel companies going public through this process plummeting in value since their stock market debuts.

Southwest’s Meltdown Should Be a Technology Warning for Airlines: Instead of heeding employee concerns, Southwest focused primarily on tech for customers, leading to a worst-case example of what can happen when modernizing operations is not a priority. May other airlines learn from Southwest’s mistake.

Doing local in a more memorable way is becoming increasingly important for hotels. Marriott International VP of Design Aliya Khan and Curator Hotel & Resort Collection President Jennifer Barnwell discuss the rising demand for more lifestyle, capturing experiences through design and balancing renovations with changing consumer expectations.

Hari Nair, Expedia Group’s global senior vice president and general manager of lodging marketplace, took the stage with Skift founder and CEO Rafat Ali this week to discuss big trends shaping travel for 2023 at Skift’s annual Megatrends event in New York City. The industry veteran gives his take on travel spending, talent acquisition, and opportunities for loyalty programs across Expedia’s house of brands.

Skift Megatrends Defining Travel in 2023: Here are 16 travel industry trends for the new year and beyond that we hope will help you navigate your businesses through increasingly uncertain and opportunistic times.

Las Vegas Sands is pursuing a multi-billion flagship casino, entertainment and hospitality development following its agreement to purchase a long-term lease over the home to the Nassau Veterans Memorial Coliseum, opened in 1972 on Long Island in New York. This would be the company’s first entertainment project in the U.S. since it sold its Las Vegas properties last year.

Ace Hotel Chain Acquired for $85 Million by Hospitality Firm Sortis: Ace only has about a dozen properties, but it has punched above its weight in brand impact. Here’s our analysis of whether Sortis is a good home and if $85 million is a good price.

Vacasa Slashes 17 Percent of Workforce in Second Recent Round of Layoffs: It’s clear that Vacasa’s ranks were bloated, and that the company was not very well-run in recent years. Like several other now-struggling, newly public companies, Vacasa faces a challenging road ahead.

Lyft is introducing a new sustainability dashboard for companies in the Lyft Business Portal.

Everything got scrambled by the pandemic. Skift’s Senior Hospitality Editor Sean O’Neill gives an overview of 2023 Megatrends in the hospitality space, where a great merging in customer lives will start to challenge leaders in thinking outside the box.