I recently talked to Megan Jones, an editor for Call Center Helper, a magazine focused on the contact center world. We discussed turning Moments of Misery™ (complaints) into Moments of Magic® (positive customer experiences), and she shared a story.
19.01.2024 - 13:55 / skift.com / Spirit Airlines / Dennis Schaal / Rashaad Jorden / Skift Research
Good morning from Skift. It’s Friday, January 19. Here’s what you need to know about the business of travel today.
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The travel industry has gone from deep struggles during Covid to a major boom, with the high demand for “revenge travel.” So what’s in store for travel in 2024? Skift Research believes the industry will return to normal, writes Head of Research Seth Borko.
Skift Research said in its newly published 2024 Global Travel Outlook that revenue growth for the travel industry will likely decelerate. However, Borko writes the slowdown isn’t a sign of weakness. He adds that economic conditions appear poised to support further spending and that consumers increasingly prioritize travel.
Next, Airbnb argues that New York City hasn’t delivered on the benefits it promised residents after it enacted a ban on short-term rentals in the city, writes Executive Editor Dennis Schaal.
New York City enacted the law, which requires hosts be present for stays shorter than 30 days, as part of its efforts to increase housing availability and lower rents.
Taylor Marr, Airbnb’s senior housing economist, said there’s been no discernable increase in available rental supply since the city’s rules went into effect last September. In addition, rents in New York City rose roughly 2% in December.
Finally, Spirit Airlines faces an uncertain future following a federal judge’s decision to block its proposed merger with JetBlue Airways, writes Airlines Reporter Meghna Maharishi.
Maharishi writes Spirit is on its own to deal with declining revenues and surging operating costs. The airline hasn’t turned a profit since 2019 and several analysts said it probably needs a buyer or another way to improve its financial situation. Spirit’s shares have dropped by nearly 70% since the judge’s ruling.
Maharishi adds Frontier Airlines, which originally sought to merge with Spirit in 2022, could be a potential buyer. But some industry analysts believe it may be difficult for Frontier to launch a bid since it’s also in a financially weaker state compared to two years ago.
2024 will be the year that the travel industry fully transitions from catch-up to true growth above pre-pandemic levels. Without revenge travel as a tailwind we expect a more normal growth trajectory for the travel industry this year.
I recently talked to Megan Jones, an editor for Call Center Helper, a magazine focused on the contact center world. We discussed turning Moments of Misery™ (complaints) into Moments of Magic® (positive customer experiences), and she shared a story.
Eurostar will continue to run its direct service from London to Amsterdam this summer.
Luxury cruise line Seabourn wants to help travelers escape the cold in style — and for less — with a big winter sale that has up to 25 percent off fares.
Air India welcomed its new Airbus A350 in December — a first for the nation's flag carrier — and it's an incredible improvement from the airline's notoriously mediocre product.
Finding the right Valentine's Day gift can be tricky. You want to pick out something that's thoughtful, romantic, and special enough to remind your partner how much you appreciate them. If you're on the hunt for Valentine's Day gifts for the travelers in your life, we have plenty of ideas to help you out—from cozy at-home must-haves to camping essentials to luxe hotel stays for two. Whether you want to create a memorable experience or treat them to something sweet, we've culled together the best options to spoil your partner, your galentine, or maybe even yourself. Read on for 36 thoughtful Valentine's Day gifts for travelers.
An explosion of colorful, engaging painting shows provide a welcome antidote to the short days and general lack of sunshine that can make winter in London a tad dreary. Here are six essential art exhibitions to visit over the next month.
JetBlue and Spirit said Friday that they will appeal a judge's decision that would block them from completing their blockbuster merger.
If 2024 is the year to complete a bucket-list trip to discover a destination that's a little different, or to travel to a one-off event, then here are a few ideas—new long-haul flight routes from the U.S., unmissable one-off global events, 'new' European places to discover and new cruise lines venturing into dramatic waters in Australia. Here's what's waiting to be ticked off on your 2024 travel bucket list.
Last week Lufthansa made history. Weeks ahead of its major European rivals, the airline resumed scheduled services to Israel. As of last Monday, the German carrier is offering four weekly flights between Frankfurt and Tel Aviv and three from Munich. The routes mark the first time the company has operated to the country since the start of the Israel-Gaza war in early October.
Music, like travel, broadens the mind, opening new horizons and offering new perspectives.
The pandemic has a lot to answer for, not least creating an insatiable appetite among travellers to see more of the world — alone or accompanied. As travelling without a companion becomes increasingly easy, one of the fastest growing markets for solo travel is cruising — and with the industry embracing this demographic, it’s easy to understand why.
The upcoming spring break travel period may set new records for hotel occupancy — and prices. So if you’re looking for a place to stay in March and April, what should you do? I asked Tim Hentschel, CEO of HotelPlanner, how to get ahead of the trend and find an affordable hotel.