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Who’s Cracked the Code on High-End Homesharing? – Skift

Who’s Cracked the Code on High-End Homesharing? – Skift Javascript is required for this site to display correctly. Skift Take ThirdHome just might have the winning formula on what affluent homeowners want when sharing properties. Scaling quality and keeping up a high level of trust will be key as it …

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What Happens When Hotels Pledge to Reduce Plastics?

A cleaning cart with sustainable and non-sustainable materials at the Port-O-Call hotel in Ocean City, New Jersey in 2019. Tom Lowry / Skift Skift Take: It's one thing for a hotel to join a coalition and promise to reduce its plastic footprint, and another to make measurable progress. — Sarah …

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London’s Landmark Hotel The Cavendish Is Up for Sale – Skift

The owners of London’s Cavendish hotel in the upmarket St. James’s neighborhood hired brokers to sell the property for about 250 million pounds ($325 million), according to people with knowledge of the appointment. Singapore-based CapitaLand Ltd. appointed Jones Lang LaSalle Inc. to offer the 230-bedroom hotel, which stands opposite the …

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Inside the Complex World of Government Travel – Skift

Government travel is big business in the U.S., so why does one travel management company dominate the space so completely? This week we take a look at the state of government travel and the difficulty faced by most in corporate travel when attempting to break into what amounts to a …

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CEO Hints Booking Holdings Is Ready to Buy More Companies – Skift

High-growth companies slow down as they expand. Online travel conglomerate Booking Holdings is hoping to defy that by investing into new markets like alternative accommodations. But progress has been slow. During the first-quarter, Booking Holdings saw its total revenues decline 3 percent, year-over-year, to $2.8 billion. One other path to …

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International Inbound U.S. Travel Growth Stuck in Slump

Tourists in New York City’s Times Square. Andreas Komodromos / Flickr Skift Take: Beyond a slump for travel, it appears that experts expect a global economic cooldown to happen in coming years. People will always need to travel, but stagnant growth will present a problem for the industry in North …

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Emirates Blames Higher Oil Prices for Profit Spiral – Skift

Emirates Group, owner of the world’s biggest long-haul airline, suffered a 44 percent decline in annual earnings as higher oil prices and a stronger dollar hit margins at a time when its business model faces increasing competition. Net income shrank to 2.32 billion dirhams ($632 million) in the 12 months …

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