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Alaska Airways CEO Blames Boeing for $150 Million Losses

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Skift Take

At the moment’s podcast appears to be like at Alaska’s enormous monetary hit, Oracle’s new lodge tech, and IHG’s Americas ambitions.

Good morning from Skift. It’s Friday, January 26. Right here’s what you should know concerning the enterprise of journey immediately.

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Episode Notes

Alaska Airways mentioned it might take a $150 million monetary hit from the Boeing 737 Max 9 grounding that prompted the airline to cancel roughly 3,000 flights, writes Airways Reporter Meghna Maharishi. 

Alaska CEO Ben Minicucci mentioned throughout its fourth-quarter earnings name that the corporate would put stress on Boeing to supply higher planes. Minicucci advised NBC Information this week he was offended at Boeing for the blowout aboard an Alaska flight earlier this month. He did specific optimism that client confidence within the Max 9 would finally come again.  

Alaska posted a $2 million internet loss throughout the fourth quarter. 

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Subsequent, Oracle Hospitality, one of many largest gamers in lodge tech, is promoting what it considers a simplified system for lodge tech operations, writes Journey Expertise Reporter Justin Dawes. 

Dawes stories Stockholm-based Scandic Resorts Group is already piloting an expanded model of Oracle Hospitality’s cloud-based system. The system, often known as Opera Cloud Central, features a property administration system, central reservation system and distribution providers on a single platform. Dawes provides that utilizing a single system removes the necessity to switch data between methods. 

An Oracle Hospitality government mentioned the corporate believes it would disrupt the standard hospitality ecosystem. 

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Lastly, Jolyon Bulley, IHG’s CEO of the Americas, goals to develop the group’s luxurious and life-style portfolio at what he calls ‘China pace,” writes Senior Hospitality Editor Sean O’Neill.

Bulley, IHG’s former CEO for Better China, mentioned in an interview with Skift he sees potential for progress within the Americas. IHG’s luxurious and life-style manufacturers characterize 22% of its world lodge improvement pipeline, roughly double the determine from 5 years in the past. Burley additionally expressed optimism he may use classes from China, the place IHG’s portfolio has doubled over the previous 5 years, to information the enlargement within the Americas. 

Nevertheless, O’Neill notes that one impediment to progress is IHG doesn’t have an important status amongst lodge homeowners for luxurious within the Americas. 

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