Judging JetBlue-Spirit
Boeing almost made it through the week without a bad headline (it even got a large purchase order from Akasa Air), but ended up in the news again after an engine fire forced an aircraft to return to the airport. They did, though, miss out on being one of our top three stories of the week, so they have them going for them.? Read below to find out why Airbnb can't stop talking about New York, what hotels are spending on television ads, and the judge that ruined JetBlue's and Spirit's whole month.
Skift India Summit Will Be a Game-Changer
CEOs from OYO, Ennismore, Air India, MakeMyTrip and more will be speaking at the inaugural Skift India Summit in Delhi on March 19-20, 2024. Reserve your seat and be part of this transformative event.
Why JetBlue-Spirit Merger Was Blocked
"Spirit is a small airline. But there are those who love it. To those dedicated customers of Spirit, this one’s for you," wrote Massachusetts District Court Judge William Young in a ruling that effectively blocked the merger between JetBlue and Spirit Air. While we are really baffled by anyone who would "love" Spirit, we get what the judge was trying to say. Airlines reporter Meghna Maharishi pulls out 6 more key quotes in the judges ruling and explains what they really mean.
Read that, as well as these two other angles on the story:
Airbnb Isn’t Done With NYC
Airbnb spent the week arguing in different ways that it's not the bad guy when it comes to affordable housing. First out of the gate was a new "council" that would examine short-term rentals and housing. The second was a report that said New York rents have not decreased in the four months since new restrictive short-term rental rules went into effect. Four months seems like way too little time to judge an industry built on one-year leases, but perhaps the real purpose of the report was to say loudly that hotel prices in New York were up.
Here's how Executive Editor Dennis Schaal covered the news:
领英推荐
Adding Up Hotels' U.S. TV Ad Spending
Linear television advertising spending isn't dead, and we have the numbers to prove it. Last year, hotel brands spent $173 million on national TV ads with Hilton responsible for nearly a third of that. Its closest competitor was Marriott, which spent a considerable sum promoting Courtyard by Marriott – the bulk of this likely during NFL and college football games. Hotels Editor Sean O'Neill has the numbers and the analysis.?
More Headlines
Skift Travel 200
The Skift Travel 200 ended the week at 993.9, up 8 points from where it started the week. The Cruise and Tours sector performed the strongest, while Ground Transportation was the weakest performer.?
Get sector-by-sector insights at Skift Research. ?