Delta's Premium Service Bonanza + Skift Call Probes Airlines + Downsides of Hospitality Scale

The Travel Industry's Daily Agenda-Setting Newsletter

October 12, 2018

Editor's Note We are not wasting any time showcasing our new purchase of the newsletter Airline Weekly, and our expanded coverage of the aviation industry. This morning we are hosting a Skift Call that will delve into the challenges facing industry-disrupting low-cost airlines. Airline Weekly Editor Seth Kaplan and Skift Senior Aviation Business Editor Brian Sumers will offer their insights, particularly on the hurdles these airlines face when trying to offer long-haul service. They will be available after their talk to take your questions. The call kicks off at 11 a.m. ET, and it's not too late to sign up. See our post below for details. — Tom Lowry, Managing Editor Skift Forum Asia Preview: Join Us in Singapore Next Week Skift is gathering innovators from around Asia to discuss topics such as "Access Is the New Luxury." Join us in the Knowledge Theatre on Day 2 of ITB Asia by registering now with the 50% off code TV-Skift50. Register Now Top Stories Delta Air Lines Sees Premium Profit Travelers hoping for more free first-class upgrades should probably root for a recession. The economy is too strong for airlines to give away their best seats for free. Not Too Late to Sign Up for Our Skift Call Today: The Next Big Challenges for Low-Cost Airlines Low-cost and ultra-low-cost airlines have had great success, but the model is not a panacea. Many discounters never disrupt as promised, or realize the profit. We'll explore all the potential hurdles facing low-cost carriers today at 11 a.m. EST on a Skift Call. Please join us for this all-important discussion. SBE CEO Warns of the Wal-Mart Risk in Hospitality Can you ever really have the independence to do your own thing and have all that scale? SBE's Sam Nazarian will find out soon enough. Wellness Newsletter: Athleisure and Hospitality Brands Tap Tech Trends to Keep Up New data show that the global wellness industry is on the rise: It's now worth $4.2 trillion. Smart companies are innovating to stay ahead, exhibited by the Lululemon and Strava fitness-meets-digital partnership, and Equinox's move into luxury-wellness tourism. Aer Lingus Taps New CEO From Within Parent IAG Stephen Kavanagh is staying on for a couple more months and will then serve as a non-executive director, both of which imply an amicable decision. New CEO Sean Doyle inherits an airline in decent financial shape but one that has its fair share of competitive challenges. Stay Alfred Raises $47 Million for Serviced Rentals: Travel Startup Funding This Week Until recently, venture capital didn't invest in property management companies and hotel development. While consumer demand for new hospitality services is strong, we wonder if the business models behind Stay Alfred, The Guild, Domio, and others can scale up. The Promise of China's Enormous Corporate Travel Market Business travel continues to grow in the world's largest market, presenting significant opportunities for Western travel management companies. The prize is two-fold: winning global accounts from multinationals tapping into China's growth and taking a share of the enormous domestic market as it matures. Did You Miss Our Latest Research Report? Airbnb continues to revolutionize the accommodation bookings industry while disrupting other sectors like tours and activities, restaurant reservations, and more. As the company heads towards a potential IPO, we tackle some of the key hurdles in its way. Popular Now 5 Things We've Learned About Airbnb From Its UK Accounts Airbnb is clearly growing very fast. But before it goes public, it will have to sort out regulatory issues like the one it faces in the UK. Why Air Baltic Staked Its Future on a Next-Generation Jet It's a shame the airline business is so dependent on scale. If it wasn't, we might have more airlines like Air Baltic. Despite being passenger-friendly and innovative, Air Baltic probably can't survive long-term as an independent entity. Why Hospitality Should Hire Candidates With No Previous Hotel Experience As labor markets tighten and competition increases, the hospitality industry must both embrace and make it easier for mid-career professionals to pivot their careers into a new world. The backgrounds, skill sets, and fresh thinking will add much-needed depth to the industry. For Gmail users: If you are using the tabbed inbox, Skift emails may be pushed to the 'Promotions' tab. To get updates from Skift direct to your primary inbox, drag and drop this email to that tab. You received this email because you are subscribed to Skift Daily Newsletter from Skift.

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