Hilton makes a rare move by cutting fees for its hotel owners as the market cycle finally turns, JetBlue posted a $247 million loss and its stock jumped 13% anyway, and Chinese outbound travel demand is surging with nowhere near enough flights to meet it.
On today's Skift Daily Briefing, Sarah Dandashy breaks down why Hilton's fee cuts signal a long-overdue shift in the brand-owner relationship, why investors are betting on JetBlue's turnaround plan despite six straight years of losses, and why the next wave of high-spending international travelers is coming from China as soon as the infrastructure can catch up.
Articles Referenced:
Honorable Mention: @AskAConcierge on IGHilton Cuts Fees to Rebuild Hotel Owners' Margins as Costs Stay StickyJetBlue Is Still Losing Money but Investors Are Buying the TurnaroundChina's Outbound Travel Recovery Has a New Problem: Not Enough Planes
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