Hilton reported record hotel openings and development activity in the third quarter.
21.10.2024 - 23:47 / skift.com / Sean Oneill
The growth of the U.S. vacation rental and short-term rental supply has been decelerating, and the trend will likely continue next year as some properties convert to long-term rentals because of an ongoing housing shortage.
Key Data reported that supply growth in the U.S. remains strong at approximately 10% this year. But that’s a significant slowdown from about 20% growth two years ago. (The analytics firm collects data from 150,000 properties.)
“U.S. vacation rental and short-term rental supply growth may continue to slow in 2025 and 2026, as some units are converted to long-term rentals and migrant-focused corporate housing,” wrote analysts at Truist Securities in a report Monday.
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Hilton reported record hotel openings and development activity in the third quarter.
Good morning from Skift. It’s Tuesday, October 22, 2024, and here’s what you need to know about the business of travel today.
Good morning from Skift. It’s Wednesday, October 23, 2024, and here’s what you need to know about the business of travel today.
Booking your next car rental with Southwest Airlines just got more rewarding, offering travelers discounts and bonus points for their upcoming trips.
InterContinental Hotels Group (IHG) saw strong momentum in its expansion efforts in the third quarter. The hotel group added 17,500 rooms across 98 hotels, more than doubling its growth pace from the same period last year.
If all goes according to plan, Newark Liberty International Airport (EWR) may soon go from worst to first in nationwide rankings.
Oct 17, 2024 • 6 min read
What do the New York City subway and the tapas snack box on a United flight have in common? The primary way to pay for both is with a mobile wallet. (Unless, of course, you're a top-tier elite member entitled to free onboard snacks when flying on United).
Whitbread, parent company of Premier Inn, unveiled on Wednesday an ambitious 5-year plan aimed at driving growth for the UK’s largest hotel chain.
Startup BermudAir took to the skies a little over a year ago, promising to provide all-business class cabins and dark 'n' stormy cocktails on its two-or-so-hour flights between the U.S. and its namesake island.
Saint Lucia Tourism Authority has announced a significant milestone for Saint Lucia's tourism sector in August 2024, with total arrivals reaching almost 35,000. This number represents an impressive 27 percent increase compared to August 2023, marking the eighth consecutive month-on-month growth in 2024.
2024 marks a new era for the travel industry beyond the depths of Covid-19 and the volatility of the post-pandemic world. Skift Research’s State of Travel 2024 brings you 350+ insights into the current state of travel, consumer behavior, and sector-specific trends.