The Roadblocks Airbnb Must Tackle on Its Way to Possible IPO: Skift’s Latest Research

Skift Take: What is hurting Airbnb’s ability to see true success? Increasing regulation, the company’s potential impact on local housing markets and the traditional hotel sector, and the company’s increasing role in hospitality and accommodation distribution. In this report, we attack all three.

— Rebecca Stone

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How Travel Agent Trade Group Fought Its Way Back From Near-Extinction

American Society of Travel Advisors  / flickr.com

American Society of Travel Advisors CEO Zane Kerby addressed the association’s Advocacy Dinner August 22, 2018. Kerby has been instrumental in the association’s comeback. American Society of Travel Advisors / flickr.com

Skift Take: These travel advisors have a certain swagger about them these days. Their U.S. trade association, the newly named American Society of Travel Advisors, is now back among the living, and has the challenge of keeping things moving in the right direction.

— Dennis Schaal

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The Promise of Voice and 8 Other Hospitality Trends This Week

VRBO

A Maui vacation rental on VRBO is shown. Voice has tremendous potential to transform the vacation rental or private accommodation experience. VRBO

Skift Take: This week in hospitality, don’t miss a long read on the potential of voice technology for vacation rentals and private accommodations, plus stories on Hyatt’s Two Roads Hospitality deal and Wyndham’s La Quinta deal.

— Sarah Enelow-Snyder

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Millennium & Copthorne Blames Struggles on Rising Costs in Hospitality

Millennium and Copthorne Hotels

The Hard Days Night Hotel in Liverpool claims to be the world’s only Beatles inspired hotel. Parent company Millennium and Copthorne Hotels reported a fall in third quarter profits. Millennium and Copthorne Hotels

Skift Take: The abrupt departure of a CEO and falling profit set off plenty of alarm bells. Will Millennium & Copthorne be able to turn things around, or do its struggles represent the start of a wider industry slowdown?

— Patrick Whyte

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Don’t Accuse This Hotel Musical Director of Being the Muzak Guy

Aria Hotel Budapest

Kornél Magyar (left) sharing some of his musical insights with guests at the Aria Hotel in Budapest. Aria Hotel Budapest

Skift Take: It’s likely that the musical experience of most hotel employees doesn’t extend far beyond karaoke. Not the case for a certain Hungarian concierge, whose vast musical background strikes a special chord with guests.

— Laura Powell

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Hyatt’s High Hopes for Two Roads Revealed

Two Roads Hospitality

Hyatt intends to close its $480 million purchase of Two Roads Hospitality within the next two to three weeks. Pictured here is the Motif Seattle, which is part of Two Roads. Two Roads Hospitality

Skift Take: We all knew Hyatt was in the mood for a major acquisition. (NH Hotel Group or Starwood, anyone?) And now we have a much better idea of what its plans are for Two Roads, as well as other acquisitions down the line.

— Deanna Ting

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Spirit’s Competition and 7 Other Aviation Trends This Week

Saul Martinez  / Bloomberg

Spirit is making good returns for shareholders as legacy carriers offer basic economy fares. Saul Martinez / Bloomberg

Skift Take: This week in aviation, we analyzed Spirit’s performance in an era of increased competition from legacy carriers, which are offering their own basic economy fares. Plus, Kenya Airways and British Airways are making moves in Africa.

— Sarah Enelow-Snyder

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