Online Travel Brands Take No Summer Vacation
Summer officially started this week, but the news takes no vacation. This week Executive Editor Dennis Schaal looked at three giants of online travel – Booking, Google, and Tripadvisor – and how they’re using marketing dollars and collaboration to get ahead. Meanwhile our Research team’s recent report on Hopper continues to reveal insights about the app’s rapid rise and evolving business model.
The Week’s Headlines
Travel bargain hunters are a fickle bunch, visiting more than two dozen websites on average before they book. Booking.com and its rivals spend billions annually to woo those travelers who wouldn’t otherwise click over to their platforms.
Frenemy relationships have a storied history in the push and pull of the travel industry. Tripadvisor’s relationship with Google seems to have improved, and there are probably several areas where they might collaborate further.
In this report, we take a deeper look into how exactly Hopper differentiates itself from its competitors and what has fuelled its tremendous growth. It’s the first report to use interviews with key executives to estimate Hopper’s total gross bookings, revenue and marketing spend, as well as modeling its future growth trajectory.
Saudi Arabia is being extra cautious, leaving absolutely nothing to chance while attempting to give its global image a makeover.
While travelers can run hot and cold in their preferences, the Nordic spa trend appears to be going full-steam ahead. Maine is the latest playground.
The Skift Travel Health Index continued to point to a full global travel recovery in May 2023. With 14 out of 22 countries having fully recovered and some overtaking pre-pandemic performance, we anticipate the index to soon significantly surpass 2019 levels.
While normalization of U.S. domestic leisure travel demand was expected, it is the increase in inbound international travel that has the U.S. Travel Association excited.
领英推荐
Most of the attention around generative AI and travel has been around consumer products, but more business-to-business companies are using it too.
The airline Ryanair and travel guide publisher Lonely Planet are taking part in a new $100 million program by Amazon Web Services to explore innovations in generative AI.
Bhutan’s commitment to high value, low volume tourism is underscored by its recognition that a sustainable development fee of $200 per person per night may hinder visitors from perceiving the true value of their experience.
One of the biggest airline tech companies has its eye on geopolitical events and changing tech to stay ahead of air travel trends.
Listen Up
Indian airlines IndiGo and Air India grabbed headlines with orders at the Paris Airshow this week. Can the country support all of their planned growth? Edward Russell and Jay Shabat discuss. Plus, the recovery for Alaska Airlines. Listen on Airline Weekly.
Chart of the Week: Skift Travel Health Index May 2023
14 out of 22 countries tracked by the index are at 100 or higher. Argentina and Singapore are just shy of 2019 travel levels this month. While most countries have reached more than 90% travel recovery, Hong Kong and Russia remain the slowest to bounce back. Read the highlights.
Companies in this issue: Booking Holdings (NASDAQ: BKNG) , 谷歌 , Tripadvisor , Lonely Planet , Amazon Web Services (AWS) , Ryanair - Europe's Favourite Airline , Air India Limited , IndiGo (InterGlobe Aviation Ltd) , Hopper