Google Unchecked + Carnival and the Hurricanes + Extended Stay's New CEO

The Travel Industry's Daily Agenda-Setting Newsletter

December 20, 2017 View in browser

tr> Note From the Editor In a new Skift Research deep dive into Google's business, we estimate that about 12 percent of the company's advertising revenue comes from — you guessed it — the travel industry. Google, the report says, has all the resources to consistently make improvements to its wide array of travel products, and "if left unchecked by competition or regulators ... could become an even more essential extension of our day-to-day lives." Google marches on. — Dennis Schaal, Executive Editor New Research Study: How Millennials, Gen Xers and Baby Boomers Feel About Travel Agents Sponsored by Signature Travel Network Despite the common misconceptions out there, travelers today—even millennial travelers—are open to using travel agents and consultants, as long as the price is right and trips can still be customizable and unique. Read More Top Stories New Skift Research Report: A Deep Dive Into the Google Travel Ecosystem 2018 Without question, Google will continue to aggressively grow its multi-billion dollar advertising business by securing stronger direct relationships with both the supplier and the traveler. Extended Stay America Is Replacing Its CEO as Competition Intensifies Everyone wants a piece of the extended stay market, so it'll be interesting to see how the new CEO guides Extended Stay America in this increasingly competitive space. Carnival Expects Solid 2018 After Waiting Out Hurricane Slump Carnival Corp. had a good quarter despite the fact that it included two monster hurricanes in key markets. That should bode well for other players in the cruise industry. The Modern Concierge Is Too Skilled to Be Made Redundant by Technology It would be easy to dismiss a concierge as a relic of another time. But concierges are the secret weapon of the educated traveler, and when the job is done well, it is vital. Video: Vacasa CEO on Competing in 'A Ridiculously Fragmented' Vacation Rental Sector Competing against the vacation rental incumbents is pretty tough, but Vacasa's CEO believes there is more than enough business to go around, especially if you can offer owners and consumers something different. Minor Hotels Buys Majority Stake in Upmarket UK Restaurant Group Corbin & King is home to some iconic restaurant brands so a deal that will see them expand internationally makes sense to us. Popular Now 25 Travel Moments That Mattered in 2017 In 2017, politics dominated the headlines, which were built out of travel bans in the United States and the UK confiding to the European Union that the divorce would indeed proceed. Kick back for the upcoming holidays. We'll all need plenty of energy for 2018. Airbnb Is Getting a $200 Million Boost to Build Its Hotel-Like Apartment Business Airbnb is getting into the very business it has spent the past decade disrupting. Will Niido Powered by Airbnb usher in an era of co-living residences that encourage homesharing? HomeAway to Hike Rates for Rental Owners Despite Talk of Blowback HomeAway's fee hike spotlights the shifting economics of the vacation rental business. Property owners are weighing how much of a cut technology companies deserve when making it easier for them to put heads in beds. For Gmail users: If you are using the tabbed inbox, Skift emails may be pushed to the 'Promotions' tab. To get updates from Skift direct to your primary inbox, drag and drop this email to that tab. You received this email because you are subscribed to Skift Daily Newsletter from Skift.

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