Under CEO Federico J. González, Radisson Hotel Group has transformed from a legacy operator into a streamlined, regionally focused hotel group. Today, it manages a portfolio of more than 1,575 hotels across more than 100 countries, with strategic bets on lifestyle, soft brands, and conversions rather than chasing global uniformity. Ownership has changed hands multiple […]
Every One of Radisson’s Hotel Brands, Explained Read More »
Key Points Southwest Airlines expects baggage fees to generate over $350 million in profits this year and projects up to $1 billion annually if applied year-round. The introduction of baggage fees has not negatively impacted customer behavior, web traffic, or bag check rates, according to Southwest executives. Southwest’s change marks a major shift from its
Southwest CEO Says Baggage Fees Are Pacing Toward $1 Billion in Annual Profit Read More »
American Airlines CEO Robert Isom sought to distance the carrier from growing backlash over the use of AI to set airfares, saying Thursday that American would not use the technology in a way that could erode consumer trust. Isom didn’t name Delta, but his comments were in response to a question about a competitor’s use
European ultra low-cost carrier Wizz Air plans to cut its order for Airbus A321XLR jets by more than 70%, raising doubts about the long-range aircraftâs fit with its business model. The move was disclosed Thursday as Wizz reported weaker-than-expected earnings for the April-June quarter, citing ongoing engine issues that continue to sideline aircraft and drag
Wizz Air to Slash A321XLR Order and Focus on ‘Benign Markets’ Read More »
Key Points Southwest Airlines reported a 42% drop in net income for the second quarter, with operating revenue down 1.5%. The airline’s new baggage fees, introduced in May, are exceeding revenue expectations despite initial controversy. Southwest’s introduction of a nonrefundable basic economy fare caused a temporary dip in bookings, but demand has since stabilized. Summary
Southwest Says Profit Fell, But New Baggage Fees Are Paying Off Read More »
Asia Pacific has seen a huge jump in the number of lifestyle hotel rooms over the past decade. Nearly 65,000 lifestyle hotel rooms have been added in the region since 2014, a fourfold increase, according to a report released Wednesday by real estate consultancy JLL. Lifestyle hotels, properties that focus on design, local experiences, and
Inside Asia Pacific’s Lifestyle Hotel Surge, And Who’s Leading It Read More »
If Booking Holdings gets the chance to again try and acquire its flight-services partner eTraveli Group, it likely would have to pay nearly double the $1.8 billion the two parties agreed to in 2021. eTraveli Group announced this week that private equity firm KKR became “a significant minority investor,” and Bloomberg quoted sources as saying
KKR Becomes ‘Significant Minority Investor’ in Booking.com Partner eTraveli Group Read More »
While the appetite for travel remains high, especially among younger and more affluent consumers, the hotel industry faces significant economic and geopolitical headwinds. Skift Research’s latest report on the industry – Hotel Outlook 2025 Amid Disruption and Opportunity – outlines how brands are adapting through pricing strategies, new revenue streams, personalized guest experiences, and a
Where Hotels Can Find Growth: Live Events, Social Commerce, Smarter Loyalty Read More »
Key Points Global business travel spending is expected to hit a record $1.57 trillion by the end of 2025, according to GBTA. Much of the growth is due to increased spending per trip, with average costs rising by about a third, driven by inflation and more international travel. The U.S. and China are projected to
Business Travel Spending Forecast to Hit Record in 2025 Read More »
Key Points Southwest Airlines will introduce assigned seating and a new boarding process on January 27, 2026. The new boarding system will have eight groups based on fare class and loyalty status, ending the airline’s traditional open boarding. Recent changes, including baggage fees and premium seating, are expected to significantly boost Southwest’s earnings. Summary Southwest
Southwest Sets Date for Assigned Seating, Launches New Boarding Process Read More »
