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Travel Companies Laid Off Thousands in 2023 - skift.com - Usa
skift.com
23.12.2023

Travel Companies Laid Off Thousands in 2023

Travel companies laid off more than 6,600 employees in 2023. The total comes from more than 20 travel companies that disclosed layoffs for various reasons.

Google, Travalyst and Cirium in Talks on How to Measure Airline Emissions - skift.com - Eu - Usa
skift.com
17.07.2024

Google, Travalyst and Cirium in Talks on How to Measure Airline Emissions

Google, a key partner in the Prince Harry-founded Travalyst coalition, has been a leading authority on measuring airline emissions.

How a Hackathon led to Sabre’s First AI Product for Hotels - skift.com
skift.com
12.07.2024

How a Hackathon led to Sabre’s First AI Product for Hotels

Sabre wanted to know how generative AI could improve the customer-service experience for hotel operators, so the company made that topic a category for an internal innovation competition last August.

Short-Term Rentals Haven’t Fully Caught On For Business Travel - skift.com - Chad
skift.com
07.06.2024

Short-Term Rentals Haven’t Fully Caught On For Business Travel

A number of travel management companies and corporations are starting to allow vacation rentals as accommodations, but there’s room for growth.

Google's AI Projects for Apps, Airlines, and Hotels - skift.com - Australia - Usa - city New York - state Alaska - Serbia - state Indiana - Oman - county Cloud
skift.com
28.05.2024

Google's AI Projects for Apps, Airlines, and Hotels

Google is fully in its Gemini era. That’s what the CEO said during the tech giant’s latest developer conference, and we’re seeing it with the company’s own consumer-facing products, and also through partnerships with travel companies.

Sabre is first GDS to power NDC for SAP Concur and the corporate travelers it serves - traveldailynews.com - state Texas
traveldailynews.com
04.03.2024

Sabre is first GDS to power NDC for SAP Concur and the corporate travelers it serves

By making Sabre-sourced NDC content available to its customers and users, SAP Concur can help accelerate the industry’s shift from traditional EDIFACT to NDC distribution. In turn, corporations will gain access to more personalized offers to deliver a better travel experience to their employees.

Sabre Details Issues From 2023 - skift.com
skift.com
16.02.2024

Sabre Details Issues From 2023

Sabre has a long way to go to reach the power it had before the pandemic. That was clear from its 2023 annual report, showing its latest financials and other details about the business, including layoffs completed last year and plans for tech investment. 

Oyo to Add 400 Properties to Push Religious Tourism: India Report - skift.com - Singapore - India - city Mumbai - county Pacific
skift.com
17.01.2024

Oyo to Add 400 Properties to Push Religious Tourism: India Report

IPO-boundhospitality and travel technology company Oyo has announced that it would open around 400 properties in popular spiritual destinations by year end.

American Airlines CEO Defends Direct Booking Approach - skift.com - Usa
skift.com
02.11.2023

American Airlines CEO Defends Direct Booking Approach

American Airlines’ multi-year changes to its ticket distribution have had contentious implications for travel agents. The American Society of Travel Advisors in August filed an unfair trade complaint with the U.S. Department of Transportation, accusing American of causing “substantially higher air ticket prices for consumers and frustrated travel management companies.”

Sabre's Cash Flow Swings Positive After Cost Cuts - skift.com
skift.com
02.11.2023

Sabre's Cash Flow Swings Positive After Cost Cuts

Sabre said it had positive cash flow in the third quarter for the first time since 2019 – $39 million, a reversal from negative $123 million a year ago. Revenue jumped 12%, driven primarily by an increase in air and hotel bookings. 

TUI Takes Its Own Remote Working Further With Free Hotel Stays - skift.com - Spain - Germany - city Berlin - Britain - city London
skift.com
25.08.2023

TUI Takes Its Own Remote Working Further With Free Hotel Stays

TUI’s remote work policy, launched during the pandemic, is set to evolve as the travel giant looks to offer its staff free stays across its hotel and resort network.

Airbnb's Best Quarter and Other Top Stories This Week - skift.com - state Colorado - Qatar
skift.com
25.08.2023

Airbnb's Best Quarter and Other Top Stories This Week

Airbnb Posts Best Quarter Yet on Relentless Travel Demand: Airbnb CEO Brian Chesky says his company can thrive in boom and bust cycles if it keeps innovating. To meet that promise, his company will have to boost its pricing competitiveness and makes it easier for individuals to list properties. And make the case to Wall Street on unfair comparisons to 2021.

Former Sabre CEO Sam Gilliland Hired to Lead Airline Software Company Accelya - skift.com - Spain - state Colorado
skift.com
25.08.2023

Former Sabre CEO Sam Gilliland Hired to Lead Airline Software Company Accelya

Sam Gilliland, who was the CEO of Sabre Corporation for 10 years, is taking the top role at Accelya.

UAE Eyes $122 Billion a Year From Tourism by 2031 - skift.com - Saudi Arabia - Qatar - Uae - Egypt - Oman - city Dubai - Kuwait - city Kuwait
skift.com
25.08.2023

UAE Eyes $122 Billion a Year From Tourism by 2031

In a bid to boost tourism’s contribution to the national gross domestic product to $122 billion a year by 2031, the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, launched the UAE Tourism Strategy 2031 on Friday. Eyeing an annual increase of $7.4 billion, the tourism startegy aims to attract new investments of $27.2 billion to the tourism sector in the country, and attract 40 million hotel guests in 2031. The strategy includes 25 initiatives and policies to support the development of the tourism sector in the country, according to the government media office. With the return of tourists, the United Arab Emirates’ tourism revenues surpassed $5 billion in the first half of this year.

Mastercard to Invest in Fintech Company Conferma Pay - skift.com - Britain
skift.com
25.08.2023

Mastercard to Invest in Fintech Company Conferma Pay

Mastercard is planning to make a minority investment in Conferma Pay, a fintech company acquired earlier this year by Sabre Corporation.

Lastminute.com Hits 'Restart' Button With New CEO - skift.com - city Amsterdam - Italy - Switzerland - city Milan, Italy
skift.com
25.08.2023

Lastminute.com Hits 'Restart' Button With New CEO

Rocked by a Covid relief financial scandal that led to the jailing and resignations of now-former CEO Fabio Cannavale and chief operating officer Andrea Bertoli, Amsterdam-based Lastminute.com’s shareholders elected Luca Concone as an executive director, and he’ll serve as CEO.

Google Flights Could Shift Strategy After Heavy Layoffs - skift.com - Usa - China - Canada - state Alaska - Turkey
skift.com
25.08.2023

Google Flights Could Shift Strategy After Heavy Layoffs

Especially heavy layoffs at Google Flights, including senior managers and engineers who joined Google with the ITA Software acquisition in 2011, could signal strategy shifts in the company’s multifaceted airline business, Skift has learned.

Sabre Pushes Through Setbacks Toward Positive Recovery - skift.com - state Texas - Russia - county Pacific
skift.com
25.08.2023

Sabre Pushes Through Setbacks Toward Positive Recovery

Despite uneven demand in 2022, Sabre expects continued overall recovery leading to positive free cash flow for the company by the end of this year. 

Caesars Now Sells Flights and Vacation Packages - skift.com - city Las Vegas
skift.com
25.08.2023

Caesars Now Sells Flights and Vacation Packages

Caesars Entertainment is adding an online travel agency business model, as it launches a new website that lets guests books flights as well as their accommodation.

American Airlines Shakes Up Corporate Travel Booking - skift.com - Usa
skift.com
25.08.2023

American Airlines Shakes Up Corporate Travel Booking

With just one month to go, there’s a lot of noise about American Airlines’ decision to hold back 40 percent of its fares, mostly for business travel, for so-called New Distribution Capability-powered channels and direct channels, such as its own website.

Sabre to Make Former CWT Exec Kurt Ekert CEO - skift.com - state Texas
skift.com
25.08.2023

Sabre to Make Former CWT Exec Kurt Ekert CEO

Travel technology giant Sabre said on Wednesday that Sean Menke, who has been CEO of the company since 2016, will become executive chair of its board on April 27, at which time its current president, Kurt Ekert, will become its CEO, too.

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