Skift Travel News

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A summary of the story linked to in this post. You can have the full story read to you at that link.
Line graph showing the status of travel stocks from January 1 to April 4, 2025. Accommodations, Airlines, Cruises and Tours, and Travel Tech sectors all see double digit percentage drops, while Ground Transportation is up in the single digits.
Line chart showing performance of the global travel industry month over month. Accommodations sector is down 9%, while ground transportation is down 1%.
A bar graph illustrating Taylor Swift’s economic impact on the U.S. travel industry. Flights is the greatest portion of spend, followed by hotels, indirect spending, short-term rental, and F&B spend at hotels.
Key points from the story this social media links to
- Casago is acquiring Vacasa for $128 million to take it private, with Roofstock investing in the combined entity. - The merger aims to enhance vacation rental management by leveraging both companies' resources and expertise. - Vacasa has faced financial struggles and homeowner churn since going public, prompting strategic alternatives and the merger decision. Casago plans to acquire Vacasa for $128 million, taking it private and merging resources to enhance vacation rental management. Roofstock will invest in the new entity, providing strategic guidance. The merger comes amid Vacasa's financial challenges, including homeowner churn and a decline in revenue, leading to strategic alternatives and the decision to merge.
Key points to the Soho House buyout offer can be read using screen reader following the clickthrough.
United’s COO for loyalty quote: “The growth is off the charts”