[ad_1] Skift Take Taylor Swift is so influential that a destination can still get a tourism boost even when she doesn’t perform. Dawit Habtemariam Even though Vienna won’t be hosting a Taylor Swift concert this week, it’s still getting a tourism boost from her fans. On Friday, hundreds of fans created their own concert as […]

[ad_1] Vacation rental management firm Vacasa has successfully raised $30 million, with an additional $45 million available, through senior secured convertible notes provided by an affiliate of Davidson Kempner Capital Management. This financing is set to enhance Vacasa’s financial stability. In May, Vacasa had announced a major restructuring effort, resulting in a 13% reduction in […]

[ad_1] International passenger traffic is coming back in a big way, as eight of the top 10 airports globally for aircraft movements were in the U.S. according to a new ACI study. If you traveled through Atlanta, Dallas, or Denver in the past year, then you first-hand experienced the recovery of the international travel market […]

[ad_1] Vacation rental management company Vacasa has secured $30 million in financing with the option for a further $45 million. The funding, which will help strengthen its balance sheet, comes in the form of senior secured convertible notes from an affiliate of Davidson Kempner Capital Management. Back in May, Vacasa announced a business transformation resulting […]

[ad_1] Skift Take Ariane Gorin is not going to be a Peter Kern clone in her new role as Expedia Group CEO. Among her first acts was to pause the international rollout of the Group’s One Key loyalty program. Dennis Schaal Expedia Group is “pausing” the rollout of its new One Key loyalty program beyond […]

[ad_1] Hostelworld released its interim financial report for this year, showing strong financial delivery in the first six months of the year. The company noted continuing growth in net bookings, particularly in Asia and Central America which registered record numbers in the first half of the year. This resulted in 3.7 million bookings in the […]

[ad_1] A group of Delta passengers are taking the carrier to court, accusing the airline of being the only one to “disproportionally” cancel flights and not providing prompt refunds for cancelled or delayed flights. After the Delta Air Lines network meltdown in the wake of the CrowdStrike crash, a group of flyers want the carrier […]

[ad_1] Hotel groups are continuing to invest in their technology and loyalty programs to drive direct business, with Holiday Inn-parent IHG sharing an update in its recent earnings report. CEO Elie Maalouf said that alongside the investment in its guest reservation system (GRS), an initiative developed with Amadeus first announced in 2015, IHG has developed […]

[ad_1] Skift Take Research firms and the tourism industry are bullish on the potential of India for both domestic and international travel. Credit Ratings agency CRISIL has projected that a record 30 million Indians will travel overseas this year. Bulbul Dhawan The revenue of Indian tour and travel operators is expected to increase by 15-17% […]

[ad_1]   The 18th International Travel Expo Ho Chi Minh City 2024 (ITE HCMC 2024), to be held from 5 – 7 September, 2024. With sustainability emerging as a critical competitive advantage, ITE HCMC 2024 has adopted the theme “Sustainable Travel – Creating the Future” to underscore its importance. The premier travel trade event promises […]