Accor CEO Still Waiting for Investment Bargains

June 9, 2021 View in browser
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Accor CEO Claims Biggest Pandemic Hotel Investment Bargains Are Still to Come

Big, global hotel companies weren't exactly pandemic success stories. However, they still want to market the notion there is more value in a global network than going it alone as an independent operator. Getting left out of the expected summer travel boom is what it will take for smaller operators to accept that logic.

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Upcoming Webinar: How to Stay Ahead of Demand and Win in CX
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LivePerson is running a key webinar to help industry brands rapidly scale care and commerce operations through Conversational AI and messaging in the post-pandemic travel resurgence.

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Clear Files for IPO in a Year Business Travelers Are Staying Away From Airports

The tech company Clear is hoping an IPO will help it fast-track a path to profitability. But for 11 years, it has been faster at speeding up security lanes than in getting to breakeven.

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Digital Nomads — U.S. Market Analysis: New Skift Research

Remote work is here to stay and will have a dramatic impact on the travel industry as Americans rethink their relationship between work and travel.

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U.S. CDC Eases Recommendations on Travel to 110 Countries and Territories

The CDC's recommendations are still somewhat confused, but the easing of these restrictions is a big step in the travel recovery.

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One Week to Go Until the 2021 Skift Hospitality and Marketing Summit

With just one week left until the Skift Hospitality and Marketing Summit, we wanted to make sure you don't miss your chance to participate. No matter your interest, this year's event has a session to suit your needs. View the full schedule on our website and reserve your spot today.

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Outdoorsy Participates in Collective Retreats' $23 Million Funding Round in a Bet on Glamping

The call of the outdoors was loud last summer. Travel startups Outdoorsy and Collective Retreats are hoping that millennials keep answering the call post-pandemic.

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Canada Tourism Leaders Push U.S. Border Reopening as Government Mulls Cutting Aid

Canada's draconian restrictions will likely ease in the coming weeks, but what they'll consist of and whether a clear reopening plan will come as fast as tourism officials want remain unclear.

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Southwest Airlines' Boeing 737 Max Order Signals Growing Confidence in Travel Recovery

Southwest's order for 34 Boeing 737-7 Max aircraft signals both its confidence in the jet and in travel's recovery. The airline plans to restore its pre-pandemic capacity this summer — the first major U.S. carrier to do so — but passenger traffic is expected to remain depressed as business travelers largely stay home.

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Airline CEOs Tout UK-U.S. Travel Corridor Ahead of G7 But Would It Come Too Late?

Airlines have renewed their push for a UK-U.S. travel corridor following both countries' largely successful vaccination campaigns. But their arguments have fallen on seemingly deaf ears so far, raising doubts as to whether this latest push will make any difference.

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Why Price-Gouging at Luxury Hotels Could Backfire

There's a danger in the surging average daily rates as travel takes off: Luxury hotels don't have the staff or the ability to live up to inflated rates. This presents a long-term danger to carefully cultivated brands.

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Booking Holdings Loses Shareholder Vote on Climate Progress Report

Corporations are going to have to get used to shareholders taking them to task about the existential challenge of climate change. In this case, the shareholders were correct — buying carbon offsets while increasing carbon emissions just won't make the cut.

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