Sonder and Vacasa, both of which face potential delistings in 2023, gave their CEOs pay packages worth $21 million and $13 million, respectively, over the coming years. As these things go, that's ample motivation to improve performance.
Google Travel just got a tiny bit less sticky because Gmail users could easily find their past, present and upcoming trips there all in one place. The feature became a victim of bigger and more important priorities.
The U.S. airline industry is roaring again and gunning for record profitability in the coming summer on the back of strong results delivered in 2022. However, dynamic passenger demand and macroeconomic conditions could dampen this growth.
Big tech companies everywhere have been dropping staff, and now it's Sabre's turn. This may also be a result of a permanently changed travel industry post-pandemic and Sabre's effort to keep up.
As luxury hotels struggle to hire and retain talent, a new north star sell is necessary. Turns out great luxury brands create an incredible, well-rounded style of leadership. The appeal of caring for people will always remain relevant, even as AI disruptions ripple through other industries.
This move by Hilton is significant and shows that the hotel industry is, finally, modernizing its core systems. For HotelKey, it's a remarkable win by a small tech vendor in a competitive space.
EHL Hospitality Business School believes its new center on Fari Campus could help hotels retain employees for longer with a bespoke education program. It's certainly one way to solve the labor shortage.
The comparison between the two unions seems in many ways to be the typical one between a large institutional organization and a smaller one that is more agile but has fewer resources.