Wed.Apr 05, 2023

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Travel Management Company Navan Expands Deeper Into India With Local Agency Acquisition

Skift Blog

Skift Take: Buying up smaller agencies has now become the tried-and-tested method of expansion for Navan, the corporate travel agency formerly known as TripActions. But this approach is highly relevant in India, with its mostly offline corporate travel booking practices.

Travel 340
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STR: U.S. Hotel GOPPAR Reaches Highest Level Since October 2022

Lodging

HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR’s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019. U.S, Hotel Performance GOPPAR: $77.37 (up 1.6 percent)TRevPAR: $217.20 (up 3.7 percent)EBITDA PAR: $51.63 (down 0.6 percent)LPAR (Labor Costs): $73.70 (up 2.9 perce

Hotels 265
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Hilton Taps Luxury Portfolio to Arrive at 1,000 Hotels in Asia-Pacific by 2025

Skift Blog

Skift Take: Hilton's decision to focus on its luxury portfolio may be significant. However, with the pent-up demand curve now flattening, it seems the perfect time for the brand to light up the "Spark.

Branding 312
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Hotel Designers Adapt to Travelers Who Blend Business and Leisure

Skift Blog

Skift Take: Many hotel brands are tearing down the walls between business and pleasure, figuratively and literally. Bleisure travel seems here to stay. So some hotels are making long-lasting design changes in response.

Business 299
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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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New American Airlines Strategy Leaves Agencies With Dramatically Higher Airfares

Skift Blog

Skift Take: Three days into the airline's ticketing shakeup, travel agencies are seeing big gaps in ticket prices. They were warned, but there appear to be other issues on the horizon.

Travel 290
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Generative AI: An Overview of What’s Happening in Travel Right Now

Skift Blog

Skift Take: Skift has been following the unfolding relationship between generative AI and the travel industry, but this is only the beginning.

Travel 279
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Skift India Daily: MakeMyTrip Sees Indians Opting for Longer Summer Holidays

Skift Blog

Skift Take: Despite the surge in airfares and visa delays, Indian travelers' enthusiasm remains unabated, and seems unlikely to diminish anytime soon.

Travel 264