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Brand Moves for Wednesday July 8

Nineteen weeks ago, when the gravity of the situation became clear, we started daily reporting on how brands were dealing with the COVID-19 crisis. What’s now becoming clear is that the current climate is one of near-perpetual disruption. So we made the decision to keep on telling the stories of inspiring brand leadership and strategy amid the latest crises in an anxious world. Our goal remains the same: to provide an up-to-the-minute source of information, inspiration and insight on brand move...
Tags: Amazon, Facebook, Asia, Twitter, Europe, UK, Mac, China, India, Advertising, US, Walmart, Brazil, Lebron James, Warner Bros, Times


SoftBank-backed companies laid off more than 16,800 people in 2020 as the pandemic ravages startups

SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi, Getaround, and Zume – laid off a combined 2,600 employees.  In the last year, other SoftBank-backed companies including WeWork, Uber, Wag, and Fair have also cut their ranks dramatically.  SoftBank also saw significant executive turnover in the beginning of the year. If you work at a SoftBank-backed company, Busin...
Tags: Asia, Hong Kong, Japan, UK, New York, London, Australia, La, China, Ipo, India, Softbank, Israel, US, America, Los Angeles


Rethinking Skift’s 2020 Travel Megatrends in a Pandemic World

Skift started the year excited for the release of Megatrends Defining Travel in 2020, our latest annual team effort identifying and interpreting the key trends for the travel industry. We accompanied the digital and print release of our megatrends with six presentations around the globe in late December and January,
Tags: Travel, Skift


Skift survey on summer 2020 travel

In an ideal world, a pandemic would transcend politics. Name any issue you can think of — from immigration to the aesthetic value of garden gnomes — and you’ll probably find a political divide. It’s no surprise, then, that the coronavirus crisis is causing a gaping chasm between Democrats and Republicans, and that extends to its impact on tourism. Skift surveyed 528 US citizens — members of both parties, as well as Independents — asking them about their travel plans over the next several mont...
Tags: Travel, Republicans, US, Democrats, All, Skift, Travel Survey, COVID-19, News Matador Network, Skift In


SoftBank-backed companies laid off more than 8,000 people in 2020 and more than 9,000 in the past year

SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi, Getaround, and Zume – laid off a combined 2,600 employees.  In the last year, other SoftBank-backed companies including WeWork, Uber, Wag, and Fair have also cut their ranks dramatically.  SoftBank also saw significant executive turnover in the beginning of the year. If you work at a SoftBank-backed company, Busin...
Tags: Uber, Asia, Hong Kong, Japan, UK, London, Australia, China, India, Softbank, Israel, US, America, San Francisco, Trends, General Motors


SoftBank-backed companies laid off more than 11,000 people in 2020 as the pandemic ravages startups

SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi, Getaround, and Zume – laid off a combined 2,600 employees.  In the last year, other SoftBank-backed companies including WeWork, Uber, Wag, and Fair have also cut their ranks dramatically.  SoftBank also saw significant executive turnover in the beginning of the year. If you work at a SoftBank-backed company, Busin...
Tags: Uber, Asia, Hong Kong, Japan, UK, London, Australia, China, India, Softbank, Israel, US, America, San Francisco, Trends, General Motors


Vietnam to reopen to tourism

With no virus-related deaths and only 270 detected cases, Vietnam has largely avoided the COVID-19 chaos that has hit other Southeast Asian countries, including Thailand and Singapore. The country has been largely open for domestic business since April 23, with commercial flights and trains in operation along with restaurants, hotels, and shopping centers. Now, it aims to become the first nation in Southeast Asia to reopen for international tourism, beginning with travelers from South Korea a...
Tags: Travel, South Korea, China, Southeast Asia, Singapore, Thailand, Vietnam, Ho Chi Minh City, All, Powder Highway, Southeast Asian, Vietnam Airlines, British Columbia Canada, Skift, Michael Piro, Indochina Capital


SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year

SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi, Getaround, and Zume – laid off a combined 2,600 employees.  In the last year, other SoftBank-backed companies including WeWork, Uber, Wag, and Fair have also cut their ranks dramatically.  SoftBank also saw significant executive turnover in the beginning of the year. If you work at a SoftBank-backed company, Busin...
Tags: Uber, Asia, Hong Kong, Japan, UK, London, Australia, China, India, Softbank, Israel, US, America, Trends, Bloomberg, Canada


SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year. Here's everything we know.

SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi, Getaround, and Zume – laid off a combined 2,600 employees.  In the last year, other SoftBank-backed companies including WeWork, Uber, Wag, and Fair have also cut their ranks dramatically.  SoftBank also saw significant executive turnover in the beginning of the year. If you work at a SoftBank-backed company, Busin...
Tags: Uber, Asia, Hong Kong, Japan, UK, London, Australia, China, India, Softbank, Israel, US, America, Trends, Bloomberg, Canada


Kayak and OpenTable Layoffs and Furloughs Impact 400 Employees

Citing a tremendous drop in revenue from the coronavirus pandemic, Kayak and OpenTable laid off, furloughed or handed out reduced hours to 400 employees, Skift has learned. Steve Hafner, the CEO of both of these Booking Holdings brands, informed employees of the job cuts in an email Wednesday that Skift obtained. [See the email embedded below.] […]
Tags: Business, News, Opentable, Skift, Steve Hafner, Booking Holdings


Airbnb says it's going to focus on longer-term stays, but analysts worry its short-term rental roots will make it hard to grab a piece of the $18 billion market

Airbnb, which dominates the market for short-term rentals, plans to focus in the future on longer-term stays. Even before the coronavirus crisis, the company was seeing growing interest in extended-stay accommodations; during the pandemic, such reservations now account for nearly half of Airbnb's business, CEO Brian Chesky said last week. While some analysts think long-term rentals are a big opportunity for the company, others doubt its commitment or ability to compete in the market. Airbnb fa...
Tags: US, San Francisco, Trends, Paypal, American Express, Silicon Valley, Airbnb, Ali, Brian Chesky, Silver Lake, Vrbo, Phocuswright, Robert Cole, Skinner, Chesky, Troy Wolverton


With Airbnb reportedly considering a delayed IPO amid the coronavirus outbreak, here are 6 of the company's challenges that are worrying investors

Airbnb announced last September that it plans to go public in 2020, but those plans could be delayed to the COVID-19 outbreak, Bloomberg reported. Founded in 2008, Airbnb has gone from renting out air mattresses to a global travel company last valued by private investors at $31 billion. But after a year of startups failing to impress investors, WeWork's disastrous IPO attempt, and an economy halted by the coronavirus, Airbnb has a tough road ahead. Investors will be paying attention to how th...
Tags: Google, California, China, Ipo, US, Trends, Bloomberg, New Orleans, Miami, Airbnb, WeWork, Tripadvisor, Signal, Brian Chesky, Phocuswright, Rinne


9 Practical Tips for Staying on Trend in 2020

This video was produced by EventMB and Skift via the SkiftX Creative Studio in partnership with The Venetian Resort Las Vegas. If you want to join the ranks of event planners evolving into event strategists, you’ll need to understand all the trends and best practices defining the future of the industry. We’re still in the […] The post 9 Practical Tips for Staying on Trend in 2020 by Venetian appeared first on https://www.eventmanagerblog.com
Tags: Tips, Skift, EventProfs, GTD, Eventmanagement, Eventindustry, SkiftX Creative Studio


5 charts that help explain Airbnb's rise from spare-room startup to $31 billion travel behemoth

Airbnb has fundamentally changed the way many people travel by bringing home sharing into the mainstream. The company, last valued at $31 billion in 2017, has grown to rival the hotel industry, but competition is getting stiffer. Here are 5 charts that help explain the rise and evolution of Airbnb over the past several years. Visit Business Insider's homepage for more stories. Airbnb has gone from renting out a single air mattress to a marketplace of more than seven million short-term rental ...
Tags: New York City, US, Trends, Barcelona, Hilton, Airbnb, Vrbo, Airbnb Homeaway, Airbnbs, Skift, Dennis Schaal, Schaal, InsideAirbnb


SoftBank-backed companies laid off more than 3,000 people in 2020 and more than 7,000 in the past year. Here's everything we know.

SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi, Getaround, and Zume – laid off a combined 2,600 employees.  In the last two months, other SoftBank-backed companies including WeWork, Uber, Wag, and Fair have also cut their ranks dramatically.  SoftBank is also seeing significant executive turnover. If you work at a SoftBank-backed company, Business Insider wants...
Tags: Uber, UK, London, Australia, China, India, Softbank, Israel, US, America, Trends, Bloomberg, Canada, New Zealand, WeWork, Getaround


As Airbnb prepares to go public, here are the five things things investors will be focused on

Airbnb announced last September that it plans to go public in 2020 in what will be one of the most highly anticipated IPOs of the year. Founded in 2008, Airbnb has gone from renting out air mattresses to a global travel company last valued by private investors at $31 billion. But after a year of startups failing to impress investors and WeWork's disastrous IPO attempt, Airbnb could face more intense scrutiny. Investors will be paying attention to Airbnb's profits (or losses), marketing ...
Tags: Google, California, Ipo, Trends, New Orleans, Miami, Airbnb, WeWork, Tripadvisor, Brian Chesky, Phocuswright, Rinne, EBITDA, Chesky, Uber Lyft, Mahaney


Hipmunk’s co-founders tried to buy it back before the shutdown

  In a little over a week, the travel metasearch engine Hipmunk will shut down. It’s an abrupt and disappointing end for a product acquired by SAP Concur around three and a half years ago. It didn’t have to go this way, though. We’re now hearing that Hipmunk co-founders Adam Goldstein and Reddit CEO Steve Huffman (both of whom left Hipmunk in years prior) made an offer to buy the company back rather than have it shutdown, to no avail. As first reported by Skift and confirmed with our own sour...
Tags: TC, Tech, Reddit, Sap, Hipmunk, Steve Huffman, Concur, Skift, Adam Goldstein, SAP Concur


The Paradox of Increasing Business Travel; Skift's 2020 Travel Trends

Skift is one of our favorite publications. It covers the travel, dining, and wellness industries from a business perspective. Because of their remit, they report on a wide range of interesting trends. The recently released their 10 Business Travel Trends for 2020. The 10 are: The Power of Being There in Person Designing Great User Experiences to Boost Adoption Travelers Demand an End-to-End Experience Winning the Price, Loyalty, and Experience Trifecta Platforms Simplify the Ancillary Purchase ...
Tags: Sales, Trends, Web/Tech, Skift, Paradox of Increasing Business Travel, Sharing Economy Bleisure Travel


Airbnb hosts reportedly used closed Facebook groups to gossip about guests and share lewd, personal information

Thousands of Airbnb and VRBO hosts reportedly used closed Facebook groups to gossip about the guests staying in their short-term rentals, according to screenshots collected by travel site Skift. The report identified two groups: "Airbnb Guests Blacklist" and "Airbnb Host Community — Vent, Recommend, and Discuss," where hosts shared anecdotes about guests they found to be annoying. This venting reportedly veered into invasions of privacy, with hosts posting photos and names of guests, along wit...
Tags: Facebook, US, Trends, Philippines, Airbnb, Vrbo, Skift, An Airbnb, Airbnb Host Community Vent Recommend


Apple News strikes ad deal with Verizon and issues new guide for publishers

Apple is making changes to its news service, including a deal with Verizon to sell ads and new guidelines for publishers, as it tries to make the platform more accessible to marketers and media. On Thursday, Verizon Media won the right to sell ads for Apple News and Apple Stocks in Canada, Australia and the U.K. Verizon Media is the entity built from the acquisitions of Yahoo and AOL. Verizon touted the deal as a way for advertisers to tap into its automated ad network to place native, displa...
Tags: Apple, Google, Verizon, Facebook, Nbc, Yahoo, Washington Post, Advertising, United States, Nbc Universal, Apple News, Groupm, Carr, Bloomberg News, Parsely, Canada Australia


EventMB is now part of Skift!

  Today is a great day. I am very happy to announce that EventMB has been acquired by Skift. I started EventMB in 2007 from a desk in my apartment in Southern Italy. I was very excited from day one, but I would be lying if I said that I always knew it was going […] The post EventMB is now part of Skift! by EventMB Studio Team appeared first on https://www.eventmanagerblog.com
Tags: Skift, GTD, Event Management, Eventprof, Eventplanning, Eventmanagement, EventMB Studio Team


Airbnb Eliminates Most Guest Fees to Take on Booking Holdings

In a game-changing move to better compete against Booking.com, Airbnb is eliminating guest fees for many property managers and hotels that sign up for its service beginning June 4, Skift has learned.
Tags: Travel, Skift, Booking Holdings, Booking com Airbnb


Amazon now sells flight tickets in India

Indians can already use Amazon to pay for their mobile bills and borrow money to purchase items, but now there’s more. This week, the ecommerce giant quietly introduced an additional feature to its shopping site: flight tickets. Amazon has partnered with local travel service Cleartrip to add flight booking option to its payment service — Amazon Pay — in India, according to an FAQ posted on its website. The feature, first spotted by news outlet Skift, is available on its Indian website and ...
Tags: Google, Amazon, Android, Transportation, Asia, India, Tech, Payments, Zomato, Ola, Booking.com, Paytm, Makemytrip, ClearTrip, Skift, Amazon Pay


Travel News: May 8, 2019

United Airlines Is About To Make It A Lot Easier To Get To The Amalfi Coast Forbes Good news for anyone who loves the Amalfi Coast but doesn’t love the thought of the transfers or driving time often needed to get there—United Airlines launches daily, nonstop (seasonal) service from New York/Newark to Naples, Italy, on May 22. Running through Oct. 26, 2019, it will be the only nonstop service between the United States and Naples. “Our network planning teams are always searching for new destinati...
Tags: Travel, Google, United States, Italy, Venice, Google Maps, Thomas Cook, United, United Airlines, Naples, Amalfi Coast, Lufthansa, News And Deals, Reuters, Naples Italy, Australia New Zealand


Amazon Is Doubling Down on Travel, Just Not in the Way You Think

The travel industry has been anticipating Amazon's entry into travel, and we at Skift have covered its current and impending moves through a Skift Research report, a podcast, and an e-book. Turns out the travel-focused action on Amazon's side is, for now, via the cloud.
Tags: Travel, Amazon, Skift, Skift Research


JetBlue cheap flights to London

Flying across the Atlantic from New York City and Boston is about to become much easier. JetBlue, already a favorite among East Coast travelers for domestic flights, announced Wednesday that it plans to launch direct flights from both cities to London, England, in 2021. The airline plans to fly the Airbus A321LR, a long-range plane built to be both comfortable and efficient for long hauls, on the route from both cities. While it already flies throughout much of North, Central, and South Ameri...
Tags: Travel, Google, New York, London, Boston, New York City, Atlantic, Airbus, East Coast, Cheap Flights, Jetblue, All, London England, North Central and South America, Delta United, Robin Hayes


Google Quietly Releases Its Hotel Booking Destination With Potentially Huge Implications

In a span of just a few months, Google's threat in booking travel is looming even larger. Indeed, Skift said last October Google's new hotel search is presenting a greater threat to booking rivals. Now the tech giant has added a full-fledged destination site for hotels, without any major fanfare, and has potential implications for booking sites, as well as Airbnb, on the lines of what it has done with its already very-popular Google Flights.
Tags: Travel, Google, Skift


Airbnb Is Paying $400 Million-Plus for HotelTonight, Half in Pre-IPO Stock

So how much is Airbnb shelling out to acquire HotelTonight? The deal price was a little more than $400 million, with about half in cash and half in stock, Skift has learned.
Tags: Travel, Skift


Up All Night with American – Part 1: The Operations Center

I may have flown to Dallas for American’s leadership conference last week, but that was merely an appetizer before the main course. The airline’s comms team set up an event for eight of us in the media to stay up all night with American and learn about different parts of the operation ranging from simulators to the hangar and everything in between. There were several different ways I thought about writing this up, but I’ve decided to just run through it chronologically. Today, I’m startin...
Tags: Travel, La, Sydney, Dallas, Ioc, Ilm, American, Steve, Hyatt, Robert, Wilmington Delaware, Samoa, Beth, Wilmington North Carolina, Dallas Fort Worth International Airport, SCOTT MAYEROWITZ


Travel News: February 28, 2019

Mexican Government Unveils New Tourism Plans Travel Pulse The Mexican government announced a new six-year tourism strategy Sunday that would focus on five key goals, including building the Maya Train and enticing tourists to spend more money. According to Mexico News Daily, Mexican President Andres Manuel Lopez Obrador said during an event in Quintana Roo that tourism was the nation’s third largest foreign exchange earner, contributing $22 billion to the economy.   Southwest Airlines finally ge...
Tags: Travel, California, India, Africa, Hawaii, Dallas, Faa, Boeing, Southwest Airlines, Federal Aviation Administration, News And Deals, Quintana Roo, Crystal River Cruises, Andres Manuel Lopez Obrador, Skift, Mexico News Daily