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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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