Articles tagged “russia”

How will TUI Group respond to the European Union's sanctions against the tour operator's largest shareholder? The issue goes beyond any potential financial fallout and becomes one of corporate responsibility and the integrity of the TUI Group brand.

Russia's invasion of Ukraine is a different kind of challenge than we saw from Covid. Here's what to expect.

Does TUI Group really want to be associated with a Russian oligarch who sits on its strategy committee and who is close to and allied with Putin during Russia's invasion of Ukraine? That sort of publicity could hammer the company's reputation and its customers won't take the news well.

Airlines are already beginning to feel the repercussions of Russia's invasion of Ukraine. Airspace closures are only just beginning and are expected to extend as European countries ban Russian airlines. But the real loser could be Russia's Aeroflot, which depends on overflight royalties and operates a fleet of Western aircraft.

Good morning from Skift. It's Friday, February 25, in New York City. Here's what you need to know about the business of travel today.

The subscription experiment in travel is gaining momentum. Will company's ultimately make money on what in some cases are very low annual subscription prices? That's the plan.

The RUSSPASS app is a major competitive step in boosting Russia's appeal as a tourist destination. But no e-visa, no dice. The two must go hand in hand.

Russia has an unpredictable business environment, and many of its households face income pressures. But the country should see a long-term shift from offline to online booking of travel, and that could be a tailwind for Aviasales and its peers.

Hopper makes more money on add-on, fintech-oriented services than on selling travel — even the usually juicy hotel business. The business isn't profitable but who cares when grabbing market share is on the agenda.

Some analysts believe the online booking giants of Europe, the U.S., and China will sweep the world. Call it "travel giant triumphalism." But Russia may prove a treacherous market for foreign brands, opening a gap for local players.