Drama Inside Air Canada’s Loyalty Program and 12 Other Top Travel Stories This Week

Caribb  / Flickr.com

Air Canada participated in the Montreal Pride Parade on August 18, 2019. Caribb / Flickr.com

Skift Take: In Skift’s top travel stories this week, we surface the drama inside Air Canada’s loyalty program, write a letter to the next president about travel industry priorities, break down the latest TSA airport security screening numbers, and detail Hyatt CEO Mark Hoplamazian’s tough talk to the hotel industry.

— Dennis Schaal

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Has Marriott Turned the Corner? It Has 100 Million Reasons to Think So

Handsome1111111  / Wikimedia

Marriott reported a $100 million third quarter profit, thanks to major cost cuts and an ongoing recovery in occupancy. Handsome1111111 / Wikimedia

Skift Take: Marriott’s level of profitability is unheard of in the hotel industry at the moment, but some of the cost cutting that made it possible isn’t permanent.

— Cameron Sperance

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Hyatt CEO Says Second Wave of Virus Will Curtail Hotel Industry’s Ongoing Recovery

Hyatt Hotels Corp.

Hyatt’s CEO warned investors Thursday of a potential rough winter performance amid rising coronavirus cases around the world. Hyatt Hotels Corp.

Skift Take: Hoteliers have been generally optimistic about the hotel industry’s pandemic recovery pattern heading into the winter, typically a drop-off for leisure travel. Hyatt’s CEO Mark Hoplamazian just gave the industry a much-needed wake-up call.

— Cameron Sperance

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Hilton’s Quest for Breakeven 8 Months Into the Pandemic

Kenneth C. Zirkel  / Wikimedia

Hilton attributes its third quarter financial rebound to major cost cuts as well as travel demand beginning to revive. Kenneth C. Zirkel / Wikimedia

Skift Take: Hilton’s financials are quickly heading in the right direction, but the company — and the greater hotel industry — need to remain cautious about second and third waves of the coronavirus putting a halt to the positive momentum.

— Cameron Sperance

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What the Latest U.S. Airport Security Screening Numbers Tell Us

Faisal Mahmood

The rest of the year could be rough for airlines. Faisal Mahmood

Skift Take: Air travel demand appears to have plateaued in the U.S. International travel demand, after showing some signs of life in the summer, is slowing down as countries impose new travel restrictions in response to a resurgent pandemic.

— Madhu Unnikrishnan

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