Barcelona welcomed the world in 1992 when it hosted the Summer Olympics. Now the city in Spain is not so sure it wants the world to visit.
07.06.2024 - 11:19 / skift.com / Rashaad Jorden / Sean Oneill / Jose Marmolejos / Amanda Hite
Good morning from Skift. It’s Friday, June 7, 2024. Here’s what you need to know about the business of travel today.
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Authorities in Venice believe the roughly $5 entry fee it charges visitors has benefited the city. And a top tourism official told Skift Venice could raise the amount, writes Global Tourism Reporter Dawit Habtemariam.
Simone Venturini, the city’s deputy mayor for tourism, said the fee is part of Venice’s strategy to preserve its beauty and pivot away from being “a cheap tourism capital.” Venturini added that everything has gone smoothly since the entry fee was implemented in April. He said the city is considering hiking it to roughly $10.
Venturini said the entry fee mainly targets local day-trippers. He also disputed the notion that the majority of Venetians object to it, stating a protest that attracted 200 people didn’t represent the views of most residents.
Next, U.S. hotel demand growth is projected to slow down — even in the luxury sector, reports Senior Hospitality Editor Sean O’Neill.
Data firms STR and Tourism Economics project a roughly 2% increase in average daily rates this year. That’s down from a previous estimate of 3%. STR President Amanda Hite said hotel industry figures believe there isn’t as much weekend demand for leisure as expected.
Hite added she was surprised about the revised projection in the luxury segment. O’Neill notes the luxury sector faces greater risks due to a shift in the guest mix from leisure travelers toward more group bookings and business travelers.
Finally, population shifts across the U.S. could drive vacation rental growth in certain markets, writes Reporter Elizabeth Casolo.
AirDNA Chief Economist Jamie Lane said at the Skift Short-Term Rental Summit this year that the “mass exodus” of people from certain locations would impact where guests stay. Lane said that would result in people vacationing in entirely different markets, with Casolo citing Texas and Florida as states that have seen population growth.
Lane added AirDNA had identified up-and-coming hot sports for vacation rentals. The four highest-ranked destinations AirDNA listed were all in Texas.
Presenter/Producer: Jose Marmolejos
Barcelona welcomed the world in 1992 when it hosted the Summer Olympics. Now the city in Spain is not so sure it wants the world to visit.
If all goes according to plan at IHG Hotels & Resorts, there will be twice as many Hotel Indigo properties in the world.
Summer is officially here, and Australian airline Qantas is celebrating with a sale that has big savings on trips down under.
This week, San Francisco International Airport (SFO) wraps up the phased opening of the $2.4 billion Harvey Milk Terminal 1.
After years of will they, won’t they, Thailand has finally decided to scrap the contentious proposal to impose a THB 300 ($8.20) tourism fee on international tourists arriving by air.
Luxury lifestyle brand Virgin Hotels is on track to make its London debut later this year.
From mid-term rentals to the regulatory environment and artificial intelligence, executives speaking at the recent Skift Short-Term Rental Summit in New York addressed a myriad of topics pertaining to the rapidly booming sector.
Good morning from Skift. It’s Thursday, June 6. Here’s what you need to know about the business of travel today.
Short-term rentals in cities and suburban areas are struggling with their occupancy rates. At Skift’s Short-Term Rental Summit, AirDNA Chief Economist Jamie Lane said the “mass exodus” of people from certain places is redefining where guests stay.
Summer is here, and it’s vacation time for many families looking to get away from the grind. Points and miles can help make sure your next trip doesn’t drain your budget by putting your airline loyalty accounts, hotel memberships, and credit cards to work for you. It's a good month for travel deals—to encourage business, many companies offer seasonal promotions rewarding repeat purchases or loyalty. Below, the deals and perks you need to know about to kick off summer with a bang.
DALLAS - The American Society of Travel Advisors (ASTA) announced at the 2024 Travel Advisor Conference that it would be making changes to its Verified Travel Advisor Certification program.
Oyo is expanding the footprint of its premium vacation home rental brand, Belvilla: On Tuesday, it announced the launch of Belvilla by Oyo in the UK.