Skift Research travel tips

In its annual outlook for the travel industry, Skift Research has created 2023 global revenue forecasts for airlines, hotels, short-term rentals, cruise lines, and online travel agencies. Skift also built an estimate for international cross-border travel from 2023–2025. This outlook is meant as a companion piece to our recent State of Travel report that offers in-depth coverage of all travel segments.

JetBlue said recently that it was eliminating a number of routes from its network. It soon became clear that the low-cost airline was adopting a network optimization strategy aimed at cutting unprofitable services and redeploying its fleet to more lucrative locations.

The travel industry continued to strengthen in February: The Skift Travel Health Index stood at 107, 7% growth over February 2023.

In a survey by Skift Research, 43% of U.S. travelers said their dream vacation was as financially challenging to achieve as in 2019.

In a country known for tradition, India’s travel industry is undergoing a rapid transition. The younger population and a rising use of smartphones is reshaping India’s traditional travel booking landscape.

The period after the Great Financial Crisis in 2008-2009 until 2019 was a golden decade for online travel agencies. Booking and Expedia benefitted from the shift to online bookings, a consolidation of the online distribution landscape, and share gains from hotels. They become the most powerful duopoly in online travel. 

When Norse Atlantic released its results for 2023, it was a celebration of several milestones. These included completing its first full year of operation and carrying over a million passengers on more than 4,000 flights.

In December 2019, Ariane Gorin, president of Expedia Business Services, moderated a fireside chat with Chairman Barry Diller and Vice Chairman Peter Kern at an all-hands employee meeting. Expedia Group had just parted ways with its CEO and CFO, and Kern would soon be named CEO.

Last week, Skift Research published our Global Travel Outlook. The main takeaway was that 2024 will be a year of . 

Good morning from Skift. It’s Friday, January 19. Here’s what you need to know about the business of travel today.

What are the preferences and behaviors of Millennials and Gen Z travelers across the United States, the United Kingdom, and Germany?

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

In Part I of our series on Google Travel, we analyzed the hotel distribution landscape in the U.S. by web-scraping over 5,000 hotels and their respective distribution offerings across Google’s sponsored and organic auctions.

This week Choice Hotels publicly offered to acquire Wyndham Hotels & Resorts following months of private discussions between the two companies. This was pretty exciting in itself, with the last major M&A deal in the hotel industry being the Starwood-Marriott merger in 2015. However, a few days later, more news broke that Wyndham rejected Choice’s offer and saw its stock being halted on the NYSE.

Our latest Skift Research report delves into the Google Hotels platform through extensive data scraping, using AI-powered Browse.ai and customized Python scripts to amass data from over 5,000 hotel listings in the U.S.

Delta, United, and American Airlines are three of the biggest airlines – not just in the United States but also globally.

The pandemic sped up the transition towards digital and alternative payment methods. Non-cash transaction volumes are projected to surge to $2.3 trillion by 2027, and it has become essential for hoteliers to embrace a variety of payment options to enhance guest satisfaction. To do so, they should consider adopting modern fintech systems and establishing partnerships with leading payment processors.

Good morning from Skift. It’s Thursday, September 21. Here’s what you need to know about the business of travel today.

Marriott International’s emissions data shows its greenhouse gas emissions increased in 2022, despite having committed to reductions. 

In the world of short-term rentals, there are many ways people can book a stay. Offline bookings continue to make up a significant chunk of the market, albeit a declining one, and there are many niche online booking platforms, as highlighted in our Skift Short-Term Rental 250 map.

Good morning from Skift. It’s Friday, November 18. Here’s what you need to know about the business of travel today.