In a recent podcast episode from Skift, the possibility of Uber acquiring Expedia was discussed as a potential major shakeup in the travel industry. While there are currently no active discussions between the two companies, if such an acquisition were to happen, it would bring Uber closer to becoming a superapp, offering multiple services within a single app. However, there are many roadblocks that could stand in the way of a deal between Uber and Expedia. The news of this potential acquisition also raises the possibility of other potential acquirers or activist investors being attracted to Expedia, a big brand with a depressed stock price.
Meanwhile, Japan has seen a record-breaking year in terms of foreign visitor spending in the first nine months of 2024. According to the Japan Tourism Agency, international tourists spent roughly $39 billion, which is $4 billion more than the previous full-year record. Close to 27 million foreign visitors have visited Japan in the first three quarters of the year, indicating a strong tourism industry in the country. This surge in spending and visitor numbers highlights Japan’s growing popularity as a travel destination.
In addition, Cathay Pacific recently unveiled its new business class cabin, the Aria Suite. While not necessarily a game changer, the Aria Suite is described as a solid product that includes features such as a sliding privacy door, wireless charging, and a 24-inch monitor. Vivian Lo, Cathay Pacific’s head of customer experience and design, emphasized the airline’s focus on creating a personal space that feels like a “cocoon oasis.” The first jet equipped with the Aria Suite is set to enter passenger service between Hong Kong and Beijing, marking the debut of this highly anticipated new business class product.
For more travel stories and in-depth analysis of the latest trends in the industry, readers can visit skift.com. Skift provides comprehensive coverage of various topics related to the business of travel, offering insights into emerging trends, industry developments, and potential disruptions. By staying up-to-date with Skift’s content, travel enthusiasts and industry professionals can gain valuable insights into the ever-evolving landscape of travel and tourism.
Overall, the potential acquisition of Expedia by Uber, the record-breaking tourism numbers in Japan, and the launch of Cathay Pacific’s Aria Suite highlight the dynamic nature of the travel industry. These developments showcase the continuous innovation and evolution within the sector, with companies looking to redefine the travel experience for consumers. As travelers continue to seek unique and personalized experiences, industry players are adapting and innovating to meet these changing demands, shaping the future of travel in exciting and transformative ways.
