Seth Borko travel tips

Despite recession risks and inflation impacts, the travel industry has in fact plenty of significant upsides.

This isn’t the old Tripadvisor, the one where the company was dependent on metasearch and chasing advertising clicks. At the new Tripadvisor, users can use generative AI for trip-planning and to book experiences, dining reservations and hotels.

A cycle of interest rate cuts could start as soon as September, according to comments Friday by Jay Powell, the chairman of the U.S. Federal Reserve: “The time has come for policy to adjust,” Powell said.

Good morning from Skift. It’s Friday, August 16, 2024, and here’s what you need to know about the business of travel today.

Travel stocks were the best performers Monday, a day when the broader U.S stock market had its worst day in years – but don’t get too excited. Fact is, travel had front-loaded the pain. While it was Monday’s performing sector, the travel sector has been the performing group of stocks over the past week and past year. 

Good morning from Skift. It’s Thursday, July 25, and here’s what you need to know about the business of travel today. 

When it came down to it, Google didn’t want to anger its core customers — advertisers — and this week announced it won’t phase out third-party cookies in its Chrome browser as planned.

Wealthy travelers aren’t just looking to lie on a beach during their vacations. The super rich are increasingly eager to shell out big bucks for experiences that may shock themselves — and leave others envious.

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Can property managers successfully build national brands? Have short-term rental businesses tilted too heavily toward travelers instead of homeowners? What has been the impact of New York’s Local Law 18, which amounted to a defacto ban of most Airbnbs, on individual homeowners?

A growing number of consumers are turning to a class of drugs known as GLP-1’s, including Ozempic, in large part to help them lose weight. Editor-in-Chief Sarah Kopit and Head of Research Seth Borko discuss the impact of Ozempic and GLP-1s on the travel industry in this episode of the Skift Travel Podcast.

Skift Research reported earlier this year that Booking and Expedia — two giants of online travel — are experiencing slower growth and greater pressure on profit margins as they face more competition from Google.

Earlier this week, Skift Research’s Seth Borko and Pranavi Agarwal hosted a LinkedIn Live session to discuss the evolving role of credit card companies in the travel industry. Their conversation built on an earlier Skift Research report about banking and travel loyalty.

The recent earnings seasons provided a glimpse into how the largest publicly traded travel companies are faring.

Airbnb recently launched a new category of experiences and stays called Icons that aims to tap into the power of pop culture.

Travel executive pay is a topic we’ve covered extensively at Skift. In this episode of the Skift Travel Podcast, our full-time hosts, Editor-in-Chief Sarah Kopit and Head of Research Seth Borko discuss several issues related to those often large pay packages — including compensation for Airbnb CEO Brian Chesky, whose 10-year pay package could turn into $1 billion or more.

The Skift Travel Podcast has brought listeners industry-defining news and reporting, as well as featured interviews that have highlighted critical issues in the business of travel.

Choice Hotels created a storm last October when it went public with a hostile takeover bid for Wyndham Hotels & Resorts. It is giving Wyndham stockholders until Friday to tender their shares.

Will 2024 be a Goldilocks year for the global travel industry? We’ve gone from “too cold” during the pandemic to “too hot,” as demand for revenge travel outstripped capacity. Could 2024 be “just right?”​

It’s been a momentous year for the travel industry and the Skift Research team. Across our 50-plus reports, we created hundreds of charts to visualize the data behind the travel industry.

Skift Research produces a wide range of reports, surveys, and data tools – we published more than 50 reports in 2023, a record for us.

Good morning from Skift. It’s Friday, November 3. Here’s what you need to know about the business of travel today.