Skift Daily Travel Briefing

Hyatt Nears Dear Acquisition Deal


Listen Later

Episode Notes

Hyatt is close to a deal to buy Standard International, operator of the upscale Standard Hotels, reports Senior Hospitality Editor Sean O’Neill. 

Negotiations between Hyatt and Standard International “are in advanced stages,” according to Bloomberg News. A source at Hyatt said the talks were ongoing and hadn’t been finalized, noting that Hyatt has walked away from deals at the last minute when there are issues. 

Next, United Airlines Chief Commercial Officer Andrew Nocella has blasted its low-cost rivals, arguing they’ve “largely run their course,” writes Airlines Reporter Meghna Maharishi. 

Nocella said during United’s second-quarter earnings call that the growth line of low-cost carriers is highly unprofitable. He added he doesn’t see any new opportunities available in the sector. Maharishi notes a surplus of domestic seats — much of which has been spurred by ultra-low-cost carriers — have dragged down United’s third-quarter outlook. 

Finally, Skift Meetings Executive Editor Andrea Doyle and Global Tourism Reporter Dawit Habtemariam examine how destinations estimate the number of visitors they attract. 

It's an important number: Politicians look at visitor counts when determining how much money to allocate to tourism promotion. But comparing data from different cities is difficult. A tourism executive from Las Vegas said there’s no one single method for estimating visitor numbers. One tourism board consultant said they’ve had to modify their definition of a visitor to satisfy a client. 



Connect with Skift:

LinkedIn: https://www.linkedin.com/company/skift/

X: https://twitter.com/skift

Facebook: https://facebook.com/skiftnews

Instagram: https://www.instagram.com/skiftnews/

WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/


Subscribe to @SkiftNews and never miss an update from the travel industry.

...more
View all episodesView all episodes
Download on the App Store

Skift Daily Travel BriefingBy Skift

  • 3.9
  • 3.9
  • 3.9
  • 3.9
  • 3.9

3.9

34 ratings


More shows like Skift Daily Travel Briefing

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,359 Listeners

Trumponomics by Bloomberg

Trumponomics

354 Listeners

The Skift Travel Podcast by Skift

The Skift Travel Podcast

39 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,633 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,833 Listeners

Airline Weekly Lounge Podcast by Skift

Airline Weekly Lounge Podcast

137 Listeners

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) by Sam Charrington

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

433 Listeners

Cold Call by HBR Presents / Brian Kenny

Cold Call

196 Listeners

Bold Names by The Wall Street Journal

Bold Names

1,448 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,030 Listeners

Slick Talk: The Hospitality Podcast by Skift

Slick Talk: The Hospitality Podcast

72 Listeners

TechCrunch Daily Crunch by TechCrunch

TechCrunch Daily Crunch

41 Listeners

Airlines Confidential Podcast by Scott McCartney

Airlines Confidential Podcast

139 Listeners

Good Morning Hospitality by Skift

Good Morning Hospitality

12 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

75 Listeners

The AI Daily Brief: Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief: Artificial Intelligence News and Analysis

562 Listeners

The Air Show by Shayr Media

The Air Show

215 Listeners

Suite Success: Masters of Hospitality by Skift

Suite Success: Masters of Hospitality

76 Listeners

Daily Departure by Skift

Daily Departure

0 Listeners

GreenShift by Skift

GreenShift

0 Listeners