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Who Loves Travel Advisors the Most? It’s Millennials, Not Boomers

A survey of travelers found that it's millennials — not baby boomers — who are more likely to lean on travel advisors when trip planning. Julián Gentilezza / UnsplashSkift Take: Emerging destinations and changes in travel styles are fueling a need for human interaction in the travel planning process among younger generations. Companies would be wise not to neglect the human element instead of betting the bank on booking and personalization technology alone. — Paul BiascoRead the Complete Story On Skift

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Travel Leaders Group Aims to Accelerate UK Growth After Thomas Cook Collapse

Barrhead Travel staff. the company was bought by Travel Leaders Group in 2018. Malcolm Cochrane / Barrhead TravelSkift Take: With one of the biggest names in UK travel exiting the market, there's space for other travel firms to pick up some of the travel demand. It's not going to be easy with plenty of Brexit uncertainty in the market as well as lots of competition. — Patrick WhyteRead the Complete Story On Skift

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Rest Easy, Travel Advisors — Cruises Are Recession Resistant: World Travel Holdings Co-CEO

Jeff Tolkin, co-chairman and CEO of World Travel Holdings, asserts that cruises will gain momentum as a revenue source for travel advisors over the next decade. Shown here is Royal Caribbean's Anthem of the Seas in Las Palmas. El Coleccionista de Instantes Fotografía / FlickrSkift Take: Executives at World Travel Holdings, a major cruise distributor, are confident that cruises will only grow in importance to travel advisors, pointing to consumer trends and changing demographics. Given the value cruises provide, the executives also believe they are the most recession-proof form of travel. — Maria LenhartRead the Complete Story On Skift

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How Cruises Will Drive Even More of Travel Advisor Sales

Royal Caribbean ships are shown in Cozumel. Woody Hibbard / FlickrSkift Take: World Travel Holdings has emerged as a powerhouse, particularly in the cruise sector. While strengthening its presence in other sectors, the company's top executives say that cruises will only get stronger as a revenue source for travel advisors. — Maria LenhartRead the Complete Story On Skift

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How to Make It in Short-Term Rentals and 10 Other Top Hospitality Stories This Week

Laurence "L.T." A. Tosi (left), WestCap founder and managing partner, speaks on stage at Skift Short-Term Rental Summit in New York City on December 5, 2019. SkiftSkift Take: This week in hospitality, a former Airbnb executive gives the lowdown on what it takes to make it in the short-term rental sector. Plus growth is on the horizon for the small but mighty hotel brand Soneva as two funds plan to invest in an expansion. — Jasmine GanaishlalRead the Complete Story On Skift

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What’s in Store for the Hotel Sector in 2020: New Skift Research

Our latest Skift Research report forecasts slower but still positive growth for the hotel sector. Jonathan Haeber / FlickrSkift Take: Hotel performance in 2020 could diverge from region to region as local uncertainty makes itself felt across markets from Hong Kong, the United Kingdom, the United States, and more. Our overall outlook is for slower but still positive growth. — Seth BorkoRead the Complete Story On Skift

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Accor Sells Half of Its Stake in Huazhu as Chinese Partner Eyes Europe

The Steigenberger Frankfurter Hof hotel: Luxury is Huazhu's next wave. Deutsche HospitalitySkift Take: Has Accor’s partnership with Huazhu worn out its usefulness given the Chinese hotel giant has built a strong positioning in the economy and midscale segments in China? Huazhu now wants to focus on luxury and upper upscale, along with international expansion starting in Europe. — Raini HamdiRead the Complete Story On Skift

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Why Oyo and Rivals May Not Be the Answer for Unchained Hotels in Asia

Dan Lynn and Vikram Malhi, co-founders, Zuzu Hospitality Solutions, which is leading the tech movement in Asia serving smaller independent hotels. Zuzu Hospitality SolutionsSkift Take: More than ever before, small independent hotels in Asia are in need of distribution and revenue management solutions. But Oyo and other budget hotel chains aren’t necessarily the ones that will be throwing them that lifeline. — Yixin NgRead the Complete Story On Skift

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