Good morning from Skift. It’s Wednesday, September 13. Here’s what you need to know about the business of travel today.
25.08.2023 - 14:00 / skift.com / Rashaad Jorden / Pranavi Agarwal / Skift Research
Good morning from Skift. It’s Friday, March 10. Here’s what you need to know about the business of travel today.
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The U.S. economy could face a recession later this year. So how will a hotel industry still recovering from the pandemic fare amid a period of economic uncertainty? Skift Research delves into the topic in a newly published report examining how different hotel chain scales perform during a recession.
Senior Research Analyst Pranavi Agarwal writes that although the macroeconomic outlook for the U.S. appears bleak, the hotel industry should receive a boost from the ongoing recovery of both business and international travel. She notes the luxury sector in particular is expected to remain resilient. The report also explains why a recession in 2023 would be different from previous economic downturns.
Next, Ukraine’s tourism industry has suffered immensely since the start of the Russian invasion a year ago. So how is it moving forward? Ukrainian tourism chief Mariana Oleskiv explained its efforts to rebuild the damaged industry in an interview with Skift at the ITB Berlin tourism convention.
Oleskiv, the chairperson of the State Agency for Tourism Development of Ukraine, told Global Tourism Reporter Dawit Habtemariam that the war has rendered international visitation impossible. She added that much of the country’s tourism infrastructure was destroyed. But the agency did launch a campaign last summer to encourage Ukrainians to travel to domestic resorts that could welcome visitors. Oleskiv said tourism is active in the western and central regions of Ukraine.
Oleskiv, who spoke at Skift Global Forum last year, said the Ukrainian tourism industry has received support from major travel companies. The agency recently signed a memorandum of understanding with Expedia.
Finally, Contributor Sherry Sun reports the luxury hotel construction pipeline in the Middle East is booming, with both Saudi Arabia and the United Arab Emirates aiming to be the world’s most popular tourism destination.
Sun writes Saudi Arabia has the most ambitious hotel construction pipeline of any Middle Eastern country. The kingdom has more than 200 projects in its pipeline, and the three Middle Eastern cities with the largest number of hotels projects under construction are all located in Saudi Arabia. The country is investing $1 trillion in its tourism industry with the aim of attracting 100 million annual visitors by 2030. Sun adds Saudi Arabia aims to attract more tourists than Dubai.
Meanwhile, the United Arab Emirates has a little more than 100 hotels under construction as of the fourth quarter of 2022, placing it second among Middle Eastern nations. Dubai’s ruler
Good morning from Skift. It’s Wednesday, September 13. Here’s what you need to know about the business of travel today.
Good morning from Skift. It’s Wednesday, November 16. Here’s what you need to know about the business of travel today.
Good morning from Skift. It’s Wednesday, November 23. Here’s what you need to know about the business of travel today.
Good morning from Skift. It’s Thursday, November 10. Here’s what you need to know about the business of travel today.
How Latin America Is the Future of the Airline Industry: No part of the world is seeing as many big changes to the airline business as Latin America. The final shape is still opaque, but one thing is clear for the region’s aviation industry: All eyes are watching closely for how this transformation unfolds.
United Airlines, Alcohol Wipes and Finding New Customer Touch Points: Some passengers want to talk to people. Some do not. United Airlines wants make sure they all have a choice.
Good morning from Skift. It’s Monday, December 19, and we are headed back from a successful Skift Forum in Dubai. Here’s what you need to know about the business of travel today.
Carnival CEO Josh Weinstein said, during Wednesday’s earnings call for its fiscal fourth quarter that ended on November 30, some consumers are a bit weary about booking cruises with Covid and flu cases on the rise. But that didn’t dampen his optimism about 2023 with Carnival seeing a surge in bookings for the new year, after years of seeing its business being dogged by the pandemic with onboard outbreaks, deaths, and plenty of bad publicity.
Good morning from Skift. It’s Wednesday, December 14, and we are live in Dubai for the next two days. Here’s what you need to know about the business of travel today.
Dubai will play an outsized role in the United Arab Emirates aim to attract 40 million visitors annually by 2031, so what can it do to improve its tourism industry? Four panelists — Dubai Airports CEO Paul Griffiths, Kerzner International CEO Philippe Zuber, Emirates Airline Chief Commercial Officer Adnan Kazim, and Dubai Corporation for Tourism and Commerce Marketing CEO Issam Kazim — discussed at the recent Skift Global Forum East in Dubai what local tourism officials need to do to continue to attract visitors.
The Remaking of Tourism in 5 U.S. Cities: Five U.S. destinations geographically spread out, of varying sizes and with different transformative strategies — and challenges — point to what destination marketing organizations will have to do in the coming years.
Good morning from Skift. It’s Friday, December 23, and here’s what you need to know about the business of travel today.