In Skift’s top stories this week, the causes of airlines’ chaotic summer are revealed, the list of the highest-paid online travel agency CEOs is unveiled, and travel companies are turning to TikTok to recruit new staff.
Throughout the week we are posting original stories night and day covering news and travel trends, including on the impact of coronavirus. Every weekend we will offer you a chance to read the most essential stories again in case you missed them earlier.
What’s Behind the Airlines Mess This Summer: Airline operations are in shambles this summer. What happened?
The Highest Paid Online Travel Agency CEOs: There is a degree of irrationality in CEO pay on many levels, including the companies’ relative performance. The pay disclosures also expose the wide disparity in employee pay at Booking versus Airbnb.
Booking Site Declines in June Could Signal Softening of Blockbuster Summer: Please check your pandemic-era assumptions at the door. Hotels have gained ground on online travel agencies. Also, the blockbuster summer travel season may be slightly less so.
Booking.com Executive on What the Endemic Asian Traveler Looks Like: Backed by significant travel demand, Booking.com is confident about travel returning to Asian destinations. However, China’s quarantine and Japan’s reopening trepidations stand in the way of a full recovery.
Kyrgyzstan’s $20 Billion ‘Eco-City’ Project Draws Ire for Greenwashing: If Kyrgyzstan wants to develop tourism, it should look to harness its abundant natural resources. The creation of a mammoth “eco-city” in an environmentally vulnerable area may not be the best boost for the country’s tourism potential.
Bhutan’s Reopening at Long Last May Be Spoiled by Higher Tourist Fee: You know travel is back when even the most-cautious country announces a no-quarantine reopening, even if it is three months down the line in September. But not before making it amply clear it wants to concentrate on quality tourists, rather than attracting droves to the destination.
Just 6 Percent of Companies Willing to Pay Extra for Greener Travel: Report: Organizations don’t seem prepared to incur additional costs to achieve more sustainable travel outcomes — but that’s not what most are saying publicly.
TikTok Being Deployed in the Mix to Recruit Younger Corp Travel Agents: Whatever it takes is the message today, with social media emerging a key battleground for talent.
Kenya’s Cashless Tourism Still Trailing Larger Digital Payment Success: Kenya is a prime example of how far cashless economies need to go, especially for tourism. The country’s successes will need to be measured against the challenges.
Skyscanner and Gogobot Acquisitions Help Trip.com Navigate China Domestic Travel Woes: Acquisitions can have unintended consequences. Trip.com Group likely didn’t view the acquisitions of Skyscanner and Gogobot as hedges against the collapse of China travel.