The Taylor Swift Tourism Bump
Earlier this week we read how the beginning of Beyonce’s global tour caused inflation in Sweden, and we’re ending the week explaining how Taylor Swift caused a spike of her own in Chicago. In this case, economists weren’t concerned but hotel operators were ecstatic. It was good tourism news for a city that’s been pilloried by dubious news outlets and a sign that the city could be on its way to a stellar summer season.
This Week’s Headlines
Taylor Swift’s concert showed Chicago can host large events. But the city’s tourism industry is still combatting negative images around public safety.
United Airlines CEO Scott Kirby replaced Delta’s Ed Bastian as the highest-paid U.S. airline chief in 2022. Here’s how much the industry’s leading executives took home — as well as how their pay was calculated.
The chief financial officers at Marriott and Accor are closely watching the entry of banks, financial technology (fintech) firms, and tech giants into the selling and servicing of travel. As they should.
Google faces a tougher hill to climb than Booking, although the European Commission’s statement of objections puts Booking’s Etraveli acquisition in doubt.
A lot of generative AI-based travel planning and booking tools are coming out. Which ones will last?
If Portland is to shake off the negative media perception, it will need its local residents more than ever to convince the public that it’s still a great tourist destination.
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Travel sticker shock is giving way to anger for many consumers. But the inflation data suggests that most hoteliers have raised prices in-line with their rising costs rather than capturing excess profits.
Executives speaking at the recent Skift Short-Term Rental Summit offered no shortage of predictions about the future of the industry, and here’s a list of some of the most noteworthy.
Sometimes a lawsuit can serve as a proverbial big stick.
More:????An Airbnb Vs. NYC Timeline
Air Canada is flying double-daily high-density Boeing 777s — its equivalent of an Airbus A380 as Mark Galardo put it — to Athens this summer to meet some of the best travel demand it has ever seen.
Listen Now
Introducing the Skift Ideas Podcast, a bi-weekly podcast featuring candid conversations on the innovations and ideas powering the future of travel. Click through to listen.
Chart of the Week
Skift Research’s latest survey was aimed at capturing insights into the travel behavior and emerging trends among Chinese consumers.?Click through for a preview.
Companies mentioned this week: Expedia Group , Booking Holdings (NASDAQ: BKNG) , Delta Air Lines , American Airlines , United Airlines , Air Canada , Choose Chicago , 万豪酒店 , 雅高
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