Expedia’s Payout to Its Ousted CEO Could Be Nearly $12 Million

Skift | December 27, 2019

Mark Okerstrom, the Expedia Group CEO who was forced out by the board in early December, is leaving with an exit package potentially worth around $11.8 million at the date of his resignation, December 4, according to a Skift Research estimate. That includes $1.75 million in cash, $5.73 million in restricted stock units, and nearly $4.3 million in stock options, Skift Research calculates. (See chart.) But it’s important to note that Okerstrom still has plenty of skin in the game. He will likely be rooting for interim leaders Barry Diller, Peter Kern, and the rest of the board to come up with an Expedia Group turnaround strategy and perform well over the next 18 months when the former CEO’s unvested options expire.

Spotlight

The number of trip planning websites is nowhere near as high as it once was, as many a startup has tried and failed to get traction to survive.One of those that has stayed the course is TripHobo, which this week has shared a raft of data about what it members are looking for and doing when using the site.Alongside the usual most popular destinations or attractions, etc, TripHobo's analysis from "millions" of monthly users has some interesting findings about broader booking trends from those that use niche platforms such as its own.For example, there is a correlation between relying on plans shared by others the longer the duration of a trip.


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HOSPITALITY TRENDS

Iconic Luxury Hazelton Hotel Retains Trip Advisor's #1 Spot in Canada

Hazelton Hotel | December 20, 2021

For the 5th consecutive year, Trip Advisor has named The Hazelton as the #1 hotel in Toronto, Canada. For 2021, the hotel ranked among the top 1% of hotels worldwide and received Traveler's Choice Best of the Best award the highest honour by Trip Advisor. In addition, the hotel also received the 2021 Traveller's Choice award. Despite the recent challenges the hospitality industry has faced, The Hazelton is honoured once again to be recognized as a leader in hospitality by providing an unparalleled level of excellence to local and international guests, upholding the highest standard in the industry. "I am honoured to lead a team of hospitality experts who continue to excel at the highest level. The Hazelton is committed to providing outstanding customer service across the property, whether that be a dining experience, spa treatment, or a luxurious stay in one of our newly renovated suites. The Trip Advisor awards we have earned are a testament to our dedicated team, as well as our guests – both new and returning – who have taken valuable time to share their experiences and support by rating us after their stay," - Gaurav Dutta, General Manager of The Hazelton Hotel. The Hazelton Hotel, Toronto's first luxury boutique hotel situated in the heart of Yorkville – the epicentre of fashion, art, celebrity, and lifestyle in Canada – is also proud to announce its five-year renewal with Leading Hotels of the World. This elite partnership positions the hotel – one of only two in Canada – amongst the most exclusive, luxury boutique accommodations across the globe. In anticipation of the hotel's 15th anniversary in 2022, The Hazelton Hotel is pleased to announce the completion of an extensive renovation and the introduction of the new Presidential Bellair Suite. Designed by award-winning firm Yabu Pushelberg, the 1860 square-foot suite features an open concept living room, an exquisite dining area, and a private wet bar offering guests a lavish home away from home. Renovations also include ONE restaurant's indoor dining room and bar, multiple meeting spaces throughout the hotel, and the private Silver Screening Room. In celebration of the Trip Advisor Awards and the new Presidential Bellair Suite, The Hazelton Hotel announces a social media contest on Instagram beginning on Thursday, Dec. 16, 2021. To enter, follow The Hazelton Hotel @hazeltonto on Instagram, tag a friend, and comment by sharing what part of the prize you would be most excited to win. Entrants who share the post to their stories and tag @hazeltonto receive a bonus entry. The Prize includes a one (1) night stay in the Presidential Bellair Suite, a $500 hotel dining card for ONE Restaurant, a $500 spa gift card for the Valmont Spa, and a private screening in the Silver Screening Room (prize value $10000.00 CND). About The Hazelton Hotel, Spa by Valmont and ONE Restaurant Since 2008, the hotel is an iconic landmark and Toronto's only member of The Leading Hotels of The World. With 77 opulent guest suites designed by internationally renowned design firm Yabu Pushelberg, The Hazelton Hotel is also home to a private Silver Screening Room and Spa by Valmont, one of the city's most exclusive spa sanctuaries. The hotel's ONE Restaurant is celebrity chef Mark McEwan's signature dining experience that offers world-class cuisine and boasts one of Toronto's finest patios. A Forbes Health Verified hotel, The Hazelton Hotel continues to ensure the health and safety of guests, residents, and team members, through their 8-point safety plan that is aligned with the provincial public health authorities' guidelines.http://www.thehazeltonhotel.com

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HOSPITALITY TRENDS

Manifest Announces Hospitality Partnerships, Expanding Trip Options for Members

Manifest | May 04, 2022

Manifest, the exclusive, lifestyle and travel club that provides custom-crafted getaways to unique destinations within the U.S. and abroad with the option of pairing trips with private plane service, announced several new hospitality partners that will expand access and trip options for its members including Canyon Ranch, Rothschild Safaris, Luxury Gold, Belmond Hotels and Classic Journeys. Manifest has secured unique access and benefits for its members with these new partners, ultimately adding even more value to membership. "We strive to bring our community of like-minded travelers a variety of unique experiences and these new partnerships expand our offerings in the areas of wellness, exotic adventure, and iconic summer destinations,” -Manifest CEO Jeff Potter At Canyon Ranch, the luxury wellness lifestyle brand that operates two destination health spa resorts (Tucson, Ariz., and Lenox, Mass.) and one retreat property (Woodside, Calif.), Manifest members gain exclusive access and receive a VIP welcome gift upon arrival and a room upgrade (pending availability). “Canyon Ranch is excited to partner with a celebrated travel partner like Manifest to provide our guests with seamless, world-class service and exclusive benefits while they travel to our destination resorts,” -Naomi Rose, Director of Partnership Accounts at Canyon Ranch. Manifest members will be able to book once-in-a-lifetime safaris in conjunction with Manifest partner, Rothschild Safaris, who frequently appears as a top Safari Outfitter on Travel + Leisure’s “World Best” list. Rothschild has custom-curated three different African safaris for Manifest members, a Three Country Luxury Safari Adventure in Southern Africa; a Classic South Africa Safari Adventure and Cape Town Wine Country; and The Great Migration – an Epic East Africa Luxury Safari. We are very excited to partner with Manifest to create extraordinary, custom safaris throughout Africa,” said Leora Rothschild, Owner of Rothschild Safaris. “Luxury travel to Africa has incredible momentum, and we believe this partnership with be beneficial for both companies. Manifest members will also gain new access to in-destination tours. Through a Luxury Gold partnership, Manifest members will be able to book Luxury Gold tours, both domestically and internationally, through the Manifest website and will receive the “best rate guarantee.” Through a similar partnership with Classic Journeys, Manifest members will be able to book the company’s classic walking tours through the Manifest website. Classic Journeys is thrilled to forge a partnership with Manifest, said Edward Piegza, Founder of Classic Journeys. “Their personal touches and authentic experiences are in perfect step with the Classic Journeys approach. Finally, Manifest has partnered with luxury boutique hotelier, Belmond Hotels, to offer Manifest members access at their Anguilla and St. Martin properties, which includes high-touch experiences in-destination such as private sailing and snorkeling trips, as well as complimentary Manifest flight desk support. The Manifest experience is seamless for members – from private car transportation to/from the airport both at home and in-destination to the ease of private air travel; from high-touch service on the ground to pre-planned activities that reflect the soul of the destination, in addition to plenty of free time to explore members’ own interests. Manifest designs, curates and manages logistical components of planned activities for each experience, which range from three to seven days in length and range in price depending on the activity, location, and length of stay. About Manifest Based in Denver, Colorado, and founded by Jeff Potter, the former CEO of Frontier Airlines, Exclusive Resorts and Surf Air, Manifest is an exclusive, lifestyle and travel club that provides custom-crafted getaways to unique destinations in the U.S. and abroad with the option of pairing trips with private plane service. For more information, visit www.manifestescapes.com.

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INDUSTRY OUTLOOK

Aggressor Adventures Dives into the New Year with Optimism Following a Successful 2021

Aggressor Adventures | December 23, 2021

Aggressor Adventures® is celebrating the end of a successful 2021 and looking back on the past 12 months with pride while looking forward with optimism and excitement. In 2021, the company launched its Consumer Travel Index, won numerous awards, reopened its Sri Lanka Safari Lodge and announced plans to offer new adventures to customers in 2022. Return to Travel Aggressor saw an increase in bookings for operating destinations of 123% in 2021 over 2020. “I am incredibly proud of how our staff has persevered through the many changes in requirements from governments worldwide, updating protocols, destination reopenings, and more. The quality of our service never wavered; in fact, I’d say the past few years have made us even better than we were before Even through it all, we still saw tremendous growth this year compared to last. I believe that people were ready to make up for lost time and rebook the trips they had to cancel in 2020.” -Wayne Brown, CEO of Aggressor Adventures. Aggressor provided an adventure of a lifetime to more than 12,000 guests in 2021. The company’s top three most popular destinations were Socorro, which saw 240% growth in bookings, Red Sea RE, which saw 230% growth in bookings and Belize, which saw 182% growth in bookings. Exciting for Aggressor, the future looks just as bright: “We are confident we can plan double digit growth in 2022,” Brown added. Consumer Travel Index Aggressor’s Consumer Travel Index provided insightful findings from a series of national surveys to track consumer sentiments. Topics from 2021 included interest and comfortability in traveling, motivations for traveling, how long consumers are planning trips for, what their budgets are, how remote working has impacted travel plans, and much more. Award Wins In 2021 Aggressor earned many awards, including Top Liveaboard Company in the World with 69 Readers Choice Awards from Scuba Diving Magazine, a Gold Travel Weekly Magellan Award for Cruise Safety for the company’s industry-leading Clean, Refresh, Sanitize program, and a Silver Travel Weekly Magellan Award for Cruise Podcast for the company’s Inspired by Adventure podcast. New Adventures 2021 saw the reopening of the Aggressor Safari Lodge in Sri Lanka® and the announcement of a new liveaboard, the Red Sea Royal Evolution (RE) Aggressor, which will set sail in February 2022. In addition to these new destinations and reopenings, the brand also has major plans for several exciting new destinations for customers in 2022. Brown and his team have visited numerous adventure sites and are actively exploring new trips in Belize, the British Virgin Islands and several other exciting destinations. About Aggressor Adventures Since 1984, Aggressor Adventures® has offered travelers liveaboard scuba and snorkeling charters, luxury river cruises and exotic wildlife safaris. Worldwide locations the company explores include Bahamas, Belize, Cayman Islands, Cocos Island, Costa Rica, Cuba, Dominican Republic, Egypt, Galapagos, Hawaii, Indonesia, Maldives, Mexico, Philippines, Palau, Red Sea, Roatan, Sri Lanka, Sudan, and Turks and Caicos. The company’s Clean, Refresh, Sanitize safety standards are industry leading. For more information, visit www.aggressor.com

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TRAVEL TECHNOLOGY

Outdoorsy Launches Two New Features to Make Travel Easier with New Trip Cancellation Coverage and PayPal Pay In 4 Offering

Outdoorsy | May 21, 2022

Outdoorsy, the most-trusted global online RV rental and outdoor travel marketplace, announced the launch of two new features designed for guests booking their next road trip – Roamly's Travel Insurance coverage and PayPal Pay In 41 offering.The debut of these features comes at a time when consumer sentiment around travel is vulnerable to inflation and rising costs at the gas pump. On April 1, Outdoorsy reported a 13% YoY growth in bookings for summer departures, a clear indicator that market conditions will have minimal impact on RV rentals as travelers are yearning to get on the road after putting vacation time on hold for the past two years. While other travel industries have seen dramatic spikes in cost over the past year in line with inflation, the average trip price on Outdoorsy has only gone up $5 since 2021, representing a .28% increase and further proving that RV vacations are one of the most insulated forms of travel. To help travelers experience the affordability of booking an RV, campervan, or trailer rental on Outdoorsy, guests will now have the option to reserve their rental and pay for it over time using Pay in 4 from PayPal. Pay in 4 from PayPal is currently available at checkout and lets guests break trip costs up to $1,500 into four interest-free payments with the first payment due at time of purchase and the remaining payments every two weeks following. This new payment integration allows budget-conscious travelers to book their trip today and drive off in their RV tomorrow — even before they're finished making final payments. "Ahead of a busy summer travel season, we want to give our community as many resourceful payment options and protections as possible, so finances aren't what's holding them back from getting outside, We're proud to be partnering with PayPal to introduce their Pay in 4 offering and we look forward to making these road trip experiences more attainable for travelers, as the service gives them the freedom to travel now and pay over time." -Outdoorsy's Co-founder and CEO Jeff Cavins. In addition to the launch of Pay in 4 from PayPal, Outdoorsy is also introducing Roamly's Travel Insurance offering to guests in an effort to protect them from unforeseen events. Through a first-of-its-kind partnership with RV-insurtech Roamly and International Medical Group (IMG), a leading travel insurance and assistance services company and fully owned subsidiary of SiriusPoint Ltd., a global insurance and reinsurance company, Outdoorsy is now able to protect and reimburse travelers needing to cancel a trip due to unpredictable circumstances — like a COVID-19 diagnosis. The new Travel Insurance product will cover policyholders needing to cancel a trip if they become sick or are hospitalized before the trip start date, as well as those needing reimbursement for an interrupted trip due to illness or hospitalization. COVID-19 and COVID-19 variants are treated as any other sickness on the Travel Insurance plans. More information on Roamly's Travel Insurance can be found online at https://www.roamly.com/travel-insurance. More information on PayPal Pay In 4 can be found online at www.paypal.com/payin4 1 Pay in 4 is available to consumers upon approval for purchases of $30-$1,500. Pay in 4 is not currently available to residents of Missouri, Nevada, New Mexico, North Dakota, Wisconsin, or any U.S. Territories. Loans to California residents are made or arranged pursuant to a California Financing Law License. PayPal, Inc. is a Georgia Installment Lender Licensee, NMLS #910457. Rhode Island Small Loan Lender Licensee. When applying, a soft credit check may be needed, but will not affect your credit score. You must be of legal age in your U.S. state of residence to use Pay in 4. Offer availability depends on the merchant and also may not be available for certain recurring, subscription services. About Outdoorsy Outdoorsy is the most trusted on-demand RV rental and outdoor travel marketplace on the planet. Founded in 2015, we have offices worldwide in the U.S., Canada, Australia, France, and the UK. Our mission is to mobilize the 54+ million idle RVs around the world to ensure everyone has the access, choice, and opportunity to safely enjoy outdoor experiences and travel while we empower RV owners to realize life-changing financial benefits. For more information, visit www.outdoorsy.com.

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Spotlight

The number of trip planning websites is nowhere near as high as it once was, as many a startup has tried and failed to get traction to survive.One of those that has stayed the course is TripHobo, which this week has shared a raft of data about what it members are looking for and doing when using the site.Alongside the usual most popular destinations or attractions, etc, TripHobo's analysis from "millions" of monthly users has some interesting findings about broader booking trends from those that use niche platforms such as its own.For example, there is a correlation between relying on plans shared by others the longer the duration of a trip.

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