Skift CEO Video: Travel Planning and Booking Are About to Converge, Are You Ready?

India is having a moment. And Skift has been there documenting it for the last few years as it is ready to shape the future of the global travel industry. The India outbound traveler is poised to become the biggest global force in coming years, and the Indian domestic market is one every major global brand is now clamoring to be part of.

Our largest Skift Global Forum to date is officially one month away and we can hardly believe it. Here is what you can look forward to this year:

No, you weren’t just imagining your social media timelines full of all your friends posting from Istanbul and Turkey this summer. It happened to be true.

The short booking travel booking windows that became the predominant mode of booking in the pandemic — for obvious reasons with lots of uncertainty around Covid & travel plan — are holding strong and in fact increasing in the 0-21 days window, according to the latest quarterly data from Expedia Media Solutions.

For the past decade, tens of thousands of travel leaders from over 70+ countries around the world have joined Skift in New York City to discover what comes next for the world’s most impactful industry at Skift Global Forum. This year will be no different – except, of course, bigger and better than ever before.

Skift founder Rafat Ali interviewed Hilton CEO Christopher Nassetta via hologram Wednesday at Skift Global Forum East in Dubai. Nassetta said Hilton expects to organically develop its own new brands rather than chase costly acquisitions in part because “we don’t want to have to fix other people’s problems.”

CEO Christopher Nassetta said Hilton expects to organically develop its own new brands rather than chase costly acquisitions in part because “we don’t want to have to fix other people’s problems.”

Hertz has been a remarkable turnaround story of the pandemic, during which it went into a massive bankruptcy, came out of it under an investor group led by Knighthead Capital and Certares, and then went public a year ago.

Last year, Skift debuted its Future of Lodging Forum in New York City – focused on what Skift has called The Great Merging of how we live, work, and travel. This year, we are bringing this event and a wide cross-section of hospitality leaders together in London on March 29th, 2023.

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.