[ad_1] Skift Take IAG is once again scrapping its plans to acquire Air Europa after it seemed likely that regulators would reject the deal. Meghna Maharishi IAG, the parent company of British Airways and Iberia, announced Thursday that it was terminating its proposed takeover of Air Europa.  The company had offered concessions to European Union […]

[ad_1]   Navan announced the release of the Navan NDC Savings Index, a comprehensive analysis of the impact of scaled NDC utilization for corporate travel programs. The in-depth analysis explores NDC bookings from 12 airlines and millions of flight options to understand the state of NDC today and quantify how much companies with access to […]

[ad_1] The fact that many hoteliers have an ambivalent relationship with online travel agencies is nothing new. The push and pull of appreciating the OTAs for their ability to capture bookings while also begrudging the fact they control access to those guests’ data and also may employ tactics that inhibit the hotels’ commercial efforts are […]

[ad_1] Skift Take Tourism in India is growing, especially from domestic travelers. This is leading to a robust demand for accommodation across the country. But the India hotel industry needs to provide enough supply. Bulbul Dhawan The hotel industry in India is estimated to reach around $247 billion in 2024, and projected to hit $475 […]

[ad_1] Today’s leading hoteliers are adding a more comprehensive analytics metric into their performance assessments: Revenue Per Available Guest (RevPAG). Going beyond the limitations of Revenue Per Available Room (RevPAR) and Average Daily Rates (ADR), RevPAG measures how effectively hoteliers generate additional property-wide revenue streams by using real-time data-driven insights to present personalised offers and […]

[ad_1] Short-term rental management software platform Guesty has launched an artificial intelligence-driven messaging service for automating guest communications. “ReplyAI” uses generative AI algorithms to analyze guest and host correspondence to guide future responses, helping short-term rental property managers dispense accurate, timely and naturally written responses to guests, the company said. Since its soft launch in […]

[ad_1] Skift Take Ortberg is an industry veteran with more than 35 years in the aerospace sector. Heading up Boeing will be his biggest challenge yet. Gordon Smith and Meghna Maharishi, Skift Boeing named Kelly Ortberg, the former CEO of aerospace company Rockwell Collins, as its new president and CEO. He will succeed Dave Calhoun […]

[ad_1] Representative Image, Beautiful scenery of a hotel in the backwaters of kerala.   This has been indicated by the recently released ‘HVS-ANAROCK Hotels & Hospitality Overview – July 2024’. In June 2024, domestic air passenger traffic grew by nearly 6% year-on-year. Further Kochi registered the highest increase in occupancy rate, growing by 7 […]

[ad_1] Regulators in Spain have hit Booking.com with a €413.24 million fine. The decision Tuesday from the Comisión Nacional de los Mercados y la Competencia (CNMC) – an independent regulator responsible for enforcing competition laws – alleges the online travel agency has abused “its dominant position over the past five years.” The regulator said Booking.com […]

[ad_1] Skift Take The Indian Union Budget last week was a disappointment, but there was a bright spot with IndiGo, MakeMyTrip, and IHCL all reporting profitable quarters in their earnings calls. Peden Doma Bhutia Skift Asia Editor Peden Doma Bhutia and India Reporter Bulbul Dhawan unpack some of the biggest takeaways from the recent Union […]