June 26, 2021 View in browser
Top Stories
Icelandair Seizes Low-Cost, Long-Haul Opportunities in Norwegian and Wow Air Vacuum

As coronavirus restrictions ease, Icelandair is slowly returning to its gateways with international travel from the United States and seizing on the void left by Norwegian and Wow Air. The airline is hoping this marks a return to normalcy, and a big boost in travel and profitability.

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Road to Recovery: New Research Shows That Event Planners Feel More Confident About In-Person Meetings
Sponsored by Cvent

After a yearlong pause for the travel industry, it's now starting to feel like the cloud of uncertainty is being lifted. Planners are increasingly optimistic about the state of meetings and events and are growing more confident by the day about the future of the industry.

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Expedia Group Looks to Close the Lopsided Profit Margin Gap With Booking Holdings

Part of Expedia Group's long-running profit margin gap with Booking Holdings has been structural, but a significant piece of it has been inefficiencies. Expedia's Peter Kern is looking to bridge the great divide, but the outcome is far from assured.

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Skift Pro Exclusive

Hilton Goes All-In on a Vegas Future With $4.3 Billion Resort

Hilton's rapid growth in Sin City signals the company sees a full travel rebound for Las Vegas, which greatly suffered from a year of no major events during the pandemic. But developing a successful Las Vegas mega-resort doesn't come cheap: Celine Dion wouldn't leave Caesars Palace for pennies.

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United Airlines Reveals New Venture Arm Won’t Go for Quick Returns

United's heft could help its new corporate venture capital unit, which will be like a barnacle on a whale. Unlike pure-play venture capital firms, United Airlines Ventures can invest for a truly long haul thanks to its strategic focus.

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More Incredible Speakers Announced For the Skift Destinations and Sustainability Summit

We're so excited to announce that we've added even more speakers to our already fantastic lineup. Check out some of the new additions, and be sure to secure your spot today.

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Ian Schrager Wants to Upend the Luxury Sector With Relaunch of Public Hotels

It is not the first time Ian Schrager has attempted to brand Public as the next big thing for hotels with its "luxury for all" mantra. But the pandemic primed the travel market where this kind of high-end, limited-service brand has a real shot at growth.

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Cabana Raises $10 Million for Glamping-on-Wheels Model

New startup Cabana is betting that the outdoor adventure sector can at least double in size with better product and service. It's interesting that Jason Calacanis and Paul English are backers because they've used this playbook before as entrepreneurs and investors in other sectors.

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Editor's Picks
Renewed LGBTQ Travel Is Focus of Travel Advisors But Not Destination Marketing

It's obviously tremendous for the tourism industry that LGBTQ travelers have been enthusiastic about hitting the road this summer. Imagine how much more revenue destinations could earn if they did a better job of marketing to that community.

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Skift Pro Exclusive

Companies Face Challenge of Inclusivity on Travel for Remote Workers

Work is underway to challenge corporate mindsets, in particular the value that refugees can bring to organizations in the new distributed world.

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When Being a Budget Hotel Chain Wasn’t Enough: How Asia’s RedDoorz Risks Losing Its Focus

A new brand, Sunerra, takes RedDoorz into the midscale arena of three and four stars hotels. Not only that, it will manage these hotels. Can RedDoorz do it, or will the move dilute its focus as a budget player and eat up resources?

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