Articles tagged “ukraine”

Although several hotel executives don't view the war in Ukraine as a drag on European hotel performance at the moment, their tune could change if the conflict continues to makes travel to Europe more difficult.

Google Travel turned off Russia advertisers, but is still getting a limited amount of advertising for Russia travel from ad partners outside Russia. In contrast, Skyscanner and Kayak don't display any information about Russia travel.

There seems to be an obligation to carry on working with partners in the country, but relationships may now be kept at arm’s length as the war in Ukraine continues.

Western hotel companies are still operating in Russia, but this is a notable step for an industry that has been a holdout amid all the companies ditching their presence in the country following its invasion of Ukraine.

Good morning from Skift. It's Wednesday, March 9, in New York City. Here's what you need to know about the business of travel today.

“Do not travel” warnings protect travel insurance firms in countries directly involved. The war in Ukraine might also increase consumer awareness and demand for extensive coverage.

Rural destinations that have benefitted from long-haul road trippers will want to prepare for the impact of higher gas prices on consumer behavior, on the cusp of busy spring and summer seasons.

Airlines have never faced the confluence of a global pandemic, war in Europe, and high oil prices. United Airlines' finance chief Gerry Laderman said there's no precedent for the concurrent crises, a phrase we've heard a lot of in the past few years.

Good morning from Skift. It's Tuesday, March 8, in New York City. Here's what you need to know about the business of travel today.

Russia has moved to block foreign leasing companies from repossessing their aircraft in the country. More than half of the commercial airplanes in Russia are owned by Western lessors, and the lessors have until March 28 to comply with sanctions and repossess those airplanes. But Russia's move to essentially commandeer those aircraft is a violation of international law and could cost lessors billions of dollars.