Skift Daily Travel Briefing

Microsoft's and Amadeus' New AI Push


Listen Later

Episode Notes

Some analysts have argued that Choice Hotels International is too reliant on acquisitions to grow. But despite its ongoing push to acquire Wyndham, Choice believes the organic growth of its development pipeline is healthy, reports Senior Hospitality Editor Sean O’Neill. 

Choice CEO Patrick Pacious said during its earnings call on Tuesday that he’s encouraged by the state of its pipeline. He noted that Choice averaged more than four openings per week through September. However, Joseph Greff, a J.P. Morgan analyst, said Choice Hotels’ legacy room count has registered, at best, only modest footprint growth. 

As for its third quarter performance, O’Neill writes Choice Hotels generated $92 million in net income.

Next, Microsoft and travel technology company Amadeus are working together to develop artificial intelligence-related travel products. Travel Technology Reporter Justin Dawes highlights three of those innovations. 

Cyril Tetaz, Amadeus’ executive vice president of airline solutions, outlined what Microsoft and his company have in store in an interview with Skift. Their initiatives include personalized airline homepages for customers, a system for airline crew rescheduling, and a platform to simplify the work of an airline analyst. 

Tetaz added that Amadeus has many other initiatives in the works with Microsoft. 

Finally, luxury hospitality brand Inspirato is continuing to see losses mount. But the company believes it can become profitable by cutting costs, writes Short-Term Rental Reporter Srividya Kalyanaraman.

Kalyanaraman reports Inspirato is burning cash at $15 million per quarter. It’s also grappling with a decrease in revenue. But Chief Financial Officer Robert Kaiden said Inspirato will save $50 million by the end of first quarter next year by cutting costs. He noted that roughly $30 million of those savings are expected from pruning the portfolio and terminating leases. 

Inspirato posted a net loss of $25 million in the third quarter. Its revenue also decreased 11% from last year. 

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

Skift Daily Travel BriefingBy Skift

  • 4
  • 4
  • 4
  • 4
  • 4

4

34 ratings


More shows like Skift Daily Travel Briefing

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

WSJ What’s News

4,328 Listeners

WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,714 Listeners

The Skift Travel Podcast by Skift

The Skift Travel Podcast

39 Listeners

Airline Weekly Lounge Podcast by Skift

Airline Weekly Lounge Podcast

137 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,232 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,989 Listeners

Bold Names by The Wall Street Journal

Bold Names

1,448 Listeners

Bloomberg Business of Sports by Bloomberg

Bloomberg Business of Sports

149 Listeners

Wisdom From The Top with Guy Raz by Guy Raz | Luminary

Wisdom From The Top with Guy Raz

500 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

5,950 Listeners

Squawk Pod by CNBC

Squawk Pod

547 Listeners

Airlines Confidential Podcast by Scott McCartney

Airlines Confidential Podcast

137 Listeners

Simple Flying Aviation News Podcast by Simple Flying

Simple Flying Aviation News Podcast

134 Listeners

The Air Show by Shayr Media

The Air Show

199 Listeners

Daily Departure by Skift

Daily Departure

0 Listeners

Everybody's Business by Bloomberg and iHeartPodcasts

Everybody's Business

60 Listeners

GreenShift by Skift

GreenShift

0 Listeners

Good Morning Hospitality by Skift

Good Morning Hospitality

1 Listeners

Slick Talk: The Hospitality Podcast by Skift

Slick Talk: The Hospitality Podcast

71 Listeners

Suite Success: Masters of Hospitality by Skift

Suite Success: Masters of Hospitality

77 Listeners