United Airlines CEO Scott Kirby on Thursday said that he doesn’t expect the demand for business travel to return to pre-pandemic levels until 2024. Kirby said in a holdings call that in his personal opinion, which he acknowledged is not the consensus generally, business travel will make a full comeback. “We […]

If you’re a chief executive officer of a luxury brand today, you better have a collaborative personality. That’s the word from a new report titled “Embracing Digital: Luxury CEOs Take on the Role of Chief Collaborative Officer” from executive search and leadership consulting firm Spencer Stuart. The report found that […]

John D. Idol spoke about the strength of Capri Holdings Ltd. at Goldman Sachs’ Annual Global Retailing Conference Thursday — and he touted Versace as one of the company’s best assets.  “Versace is comping up right now, which is extraordinary considering what’s happening around the world right now,” Idol, Capri’s […]

There’s been speculation over the years about online travel companies getting into the hotel business, and Kayak CEO Steve Hafner teased as much during an interview on Thursday. Hafner, who heads Booking Holdings brands Kayak and OpenTable, dropped the hint during a pre-recorded interview for Travel’s Path Forward: Online Travel, […]

From significant business changes to noteworthy product launches, there’s always something new happening in the world of design. In this weekly roundup, AD PRO has everything you need to know. Business A Big Week for Big Retailers It was a busy news week for major home furnishings retailers. After reporting […]

Disney CEO Bob Chapek announced Wednesday that both of California’s two Disney theme parks will reopen at the end of April. Chapek appeared on CNBC’s “Squawk Alley” and told host Julia Boorstin that Disneyland Resort and Disney’s California Adventure park are set to reopen on April 30. Disney’s Grand Californian Hotel & Spa will […]

Text size Dreamstime The travel industry dealt with its biggest challenge in generations in 2020, as Covid-19 kept people around the world locked down for much of the year. Revenue at Booking Holdings, the dominant owner of online travel agencies, fell 55% from 2019. Beyond the overall slowdown, Booking (ticker: […]

Photo: Olivier Douliery/AFP (Getty Images) Parler, the social media network for right-wingers who had already successfully alienated their family and friends on other sites, has canned its CEO John Matze. Under Matze’s tenure, Parler surged in membership courtesy of conservatives obsessed with the idea a shadow cabal of liberal tech […]

One half of the real-life couple behind discerning hotel website Mr & Mrs Smith; Tamara Lohan MBE has overseen the growth of her brand from in-the-know hotel guide to cult online travel agent over the past 18 years. She previously worked within the marketing departments of several major brands from […]

Danielle Zighelboim​, CEO of Miami’s Coconut Cartel liquors, has been named to Forbes’ 30 under 30 list. When Danielle Zighelboim and her brother Mike “smuggled” their first suitcase of fresh coconuts from their native Guatemala to Miami in 2013, little did they know it would inspire a growing rum enterprise. […]

Elon Musk. Steve Nesius/Reuters Elon Musk has had a tumultuous yet successful life.  He was bullied as a child but ultimately attended an Ivy League university before going on to become the CEO of two companies, Tesla and SpaceX, and the founder of three more. He’s also been married three […]

Elon Musk. Steve Nesius/Reuters Elon Musk has had a tumultuous yet successful life.  He was bullied as a child but ultimately attended an Ivy League university before going on to become the CEO of two companies, Tesla and SpaceX, and the founder of three more. He’s also been married three […]

Text size Getting the balance sheet in better shape was an early goal laid out by CEO Larry Culp. Sebastien Bozon/AFP via Getty Images General Electric announced a health-care diagnostics acquisition on Friday. Ordinarily, a small deal wouldn’t mean much, but GE has been selling assets, lately, not buying them. […]

Mint House CEO Will Lucas. Courtesy Will Lucas Text size Like most of the lodging industry, Mint House—an upscale, tech-driven aparthotel concept with properties in nine U.S. cities including Philadelphia and Miami—was hard hit by 2020’s Covid-19 pandemic. Travel restrictions and lockdowns saw occupancy rates plummet and cancelations rise. During […]