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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Europe’s Second Lockdown Set to Dash Tourism Hopes for Holidays

Andrew Callow  / Flickr

Spain’s Canary Islands recently established a travel corridor with the UK and Germany. But Europe’s November lockdown has now thrown the winter holiday season into doubt. Andrew Callow / Flickr

Skift Take: Europe’s winter season looks bleak as the pandemic shuts down service economies in the region’s major destinations until early December — for now. Yet optimism remains that traveler demand will return as soon as restrictions end, even if that means a canceled Christmas.

— Lebawit Lily Girma

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Travel’s Tireless Fighter for Diversity and Inclusion

Jen Siska

Martinique Lewis in Oakland, California. Jen Siska

Skift Take: Martinique Lewis has created a brand for herself in diversity travel with The ABC Travel Green Book and the Diversity Travel Scorecard. As the industry is ready to recover from the pandemic and the Black Lives Matter global reckoning, Lewis is poised to help businesses become more inclusive and welcoming for all travelers.

— Ruthy Muñoz

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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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