Mon.Jul 22, 2024

article thumbnail

Selina Collapses in Liquidity Crisis, Seeks Buyers

Skift Blog

Skift Take: Selina billed itself as a pioneer in the "digital nomad" hospitality sector. But it can no longer avoid insolvency. Its woes can be partly traced back to its ill-fated SPAC merger in October 2022.

article thumbnail

Business Travel Bounces Back: Spending Forecast to Hit Record

Skift Blog

Skift Take: Business travel is roaring back, with global spending projected to surpass pre-pandemic levels in dollar volume this year. Face-to-face wins.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Japan’s 35 Million Tourist Bonanza in 2024: Great for Business, Not So Much for Overtourism

Skift Blog

Skift Take: The weak yen has definitely boosted Japan's tourism industry, but as the country rides this wave of visitors, it’s going to be a tightrope walk — balancing the economic gains with the realities of overtourism.

Business 307
article thumbnail

Mallorca Locals Demand to ‘Change Course’ Amid Spain’s Tourism Boom

Skift Blog

Skift Take: Mallorca just had its second mass demonstration against mass tourism this summer. Expect more to come in other hot spots in Spain.

Tourism 306
article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

Spending by Foreign Tourists Soars, India’s Latest Economic Survey States – India Report

Skift Blog

Skift Take: Despite the gains, international travel continues to remain a pain point for India's tourism sector. The Economic Survey, which precedes presentation of the Indian Budget, has emphasized on the recovery of this segment for India. It could indicate a higher allocation to the tourism sector in the Budget set to be presented on Tuesday.

Tourism 296
article thumbnail

New Research: Understanding the Hidden Costs of Direct-to-Consumer Retailing

Skift Blog

Skift Take: In today’s rapidly evolving travel landscape, the trend toward direct-to-consumer (DTC) models has brought both opportunities and challenges. A new report from Travelport delves into the complexities and nuances of this shift, making a case for modern retailing that puts the consumer first.

Retail 286