American Airlines has announced a blockbuster new aircraft order, from not one but three different manufacturers.
15.02.2024 - 10:23 / skift.com / Brian Chesky / Dennis Schaal / Rashaad Jorden / Sean Oneill / Audrey Hendley / Gordon Smith
Good morning from Skift. It’s Thursday, February 15. Here’s what you need to know about the business of travel.
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Marriott and Hilton have both released their annual financial reports for 2023. Senior Hospitality Editor Sean O’Neill lists 12 noteworthy takeaways after comparing the companies’ 10-K filings.
The two hotel giants have a rivalry in terms of loyalty program membership numbers. Marriott currently has roughly 16 million more loyalty program members than Hilton. But O’Neill notes Hilton could overtake Marriott in 2025 if the two companies maintain their most recent growth rates this year.
O’Neill adds that both companies were considerably more profitable in 2023 than they were six years prior.
Next, Airbnb CEO Brian Chesky believes the company can create a new artificial intelligence interface that will help transform it into a cross-vertical company, writes Executive Editor Dennis Schaal.
Chesky said the planned interface could be one of the most innovative ever created. He added that it would enable Airbnb to become a cross-vertical company: Think Amazon when it expanded beyond books and Apple when it launched the app store. Chesky also said Airbnb would make announcements later this year regarding new products and services.
Finally, American Express has opened the world’s largest Centurion Lounge at Atlanta’s Hartsfield-Jackson International Airport, writes Airlines Editor Gordon Smith.
The 26,000-square foot lounge, which includes indoor and outdoor areas, is American Express’ latest effort to target high-spending travelers. It also includes a whiskey bar serving cocktails designed by Centurion’s mixologist. American Express Travel President Audrey Hendley said a new Atlanta lounge was a major priority for the company.
What am I looking at? The performance of hotels and short-term rental sector stocks within the ST200. The index includes companies publicly traded across global markets, including international and regional hotel brands, hotel REITs, hotel management companies, alternative accommodations, and timeshares.
The Skift Travel 200 (ST200) combines the financial performance of nearly 200 travel companies worth more than a trillion dollars into a single number. See more hotels and short-term rental financial sector performance.
Read the full methodology behind the Skift Travel 200.
American Airlines has announced a blockbuster new aircraft order, from not one but three different manufacturers.
Marriott Bonvoy and Cathay members can enjoy a wealth of benefits and privileges, such as hotel stay redemptions, two-way points transfer, and enhanced flight and travel package experiences.
From an unforgettable trip to see three shows in three countries, to concert packages for shows in select cities across Europe and North America, Marriott Bonvoy unlocks access to Taylor Swift | The Eras Tour.
Hilton Grand Vacations reported financial results on Thursday, following recent reports from timeshare operator rivals Marriott Vacations Worldwide and Travel and Leisure Company.
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It’s Willy Wonka’s Golden Ticket competition of 2024. Marriott Bonvoy is offering members of its loyalty scheme the chance to see Taylor Swift’s Eras tour. And you don’t have to work out ways to get enough Bonvoy points to be the highest bidder; it’s a sweepstake which means anyone can win. Winners will be picked at random - a good thing. Less great is that the odds against you winning are huge.
In a bid to win over a younger audience to its hotel chains, Marriott International is adding Taylor Swift's Eras tour to its loyalty program.
Marriott International's Bonvoy rewards program is tapping into the Taylor Swift frenzy, granting Bonvoy members the chance to experience Swift's Eras Tour through either a sweepstakes or the Marriott Bonvoy Moments platform, where members can trade in hotel-stay points for experiences, concerts and sporting events.
Marriott International expects to open 14 hotels in South Asia this year, 12 of which will be in India, adding approximately 1,200 rooms to the hotel chain’s existing portfolio in the country.
Marriott International saw an expansive growth of its business across Latin America and the Caribbean in 2023, an important segment that drove its overall record business and development pipeline for the year.
Hilton announced a new partnership with outdoor hospitality company, AutoCamp, to offer their unique, nature-centric accommodations on Hilton’s direct booking channels, and Hilton Honors members a new way to earn and redeem their points.
Marriott said Monday that the 200 millionth person had joined its loyalty program as the company aims to retain its title as having the world’s largest hotel rewards program.