Skift hold
Prepare for the year ahead by diving into insights from the new Skift Travel 200 industry stock index.
Jason Clampett
As we focus on providing the best global travel event this week, we also have a job to do by disseminating essential travel news. That’s what we did, and we also delivered something new: a comprehensive travel stock index which reflects the scale and impact of the global travel industry. But no stock index currently does this because they are each divided into categories that do not serve the industry.
But as Seth Borko, Skift Research’s head of product strategy, writes, “The goal of Skift Research’s Skift Travel 200 is to remedy this problem and create a stock index designed from the ground up for the travel industry. journey “. And that’s the case.
The headlines of the week
The biggest travel headline this week
The Skift Travel 200 Stock Index will be the first benchmark to capture the more than $1 trillion market for public travel stocks. It brings you the travel industry in one issue. Use it to better understand each sector of the travel industry and how they compare to broader financial performance.
Florida’s short-term rental crisis
Florida remains a great destination for vacation rentals, but this could work against it. Oversaturation, irregular demand, high cost of living and the real estate market are the drivers at play.
Airbnb CEO issues updates on cleaning fees and verified listings
Airbnb prides itself on listening to consumer feedback to improve its products. As rumors of a market slowdown grow louder, Airbnb is back with upgrades.
Airline Loyalty Continues to Degrade: I’m a Free Agent and You Should Be Too
When it comes to airline loyalty, if everyone is an “elite,” no one is. As Delta rebalances its loyalty program, customers should remember that this is a company serving its shareholders. I’m surprised it took this long for the programs to come to this income-driven conclusion.
Brightline opens $6 billion Florida rail line, sets sights on Las Vegas
America is not known for fast or pleasant trains. Brightline wants to change that with its new train to Orlando.
Google updates Bard with travel information on Rival ChatGPT Plus – We tested it
ChatGPT Plus is ahead of Google Bard on the technology release timeline, but Bard seems to be ahead in terms of usability.
Dubai’s tourist summer was scorching as Russians packed the city
The rise in tourism in Dubai continues. The rates are among the highest, the city has more than 800 hotels and nearly 10 million travelers have come to witness it. Neighboring Qatar, sitting on its supply of luxury hotels for the World Cup, is probably jealous.
Booking.com launches a credit card in the United States: who will be its partner?
Booking.com has not announced a deal to launch a co-branded credit card in the United States, but a LinkedIn Post Tuesday by a relatively new employee and a A job opportunity for “responsible, growth and strategy of co-branded credit cards”, provided fodder for speculation.
Microsoft AI upgrades: How they help tourists, event planners and business travelers
Few of these features seem to have been designed with travel in mind, except for the corporate booking tool – which comes close to what travelers are asking for.
Listen
Skift Editorial Director of Events Brian Quinn and Director of Research Seth Borko preview the topics and speakers at next week’s Skift Global Forum.
Taking place September 26-28 in New York, the tenth annual Skift Global will explore the theme of “Connecting in the Age of AI” and feature leaders from the world of travel, deciphering the major trends facing the industry is facing.