Hotels' Tariff Strategy, Spirit’s CEO Exit and European Hotels' Challenges

The U.S. hotel industry is under pressure due to trade disruptions from Trump's tariff policies, with HotelAVE CEO Michelle Russo warning of a 5% drop in revenue per available room and advising hotels to prepare for supply chain issues and reduced traveler demand. Spirit Airlines is undergoing a major leadership shake-up as CEO Ted Christie and CCO Matt Klein step down, following the airline’s recent emergence from Chapter 11 bankruptcy. Meanwhile, Europe’s upscale and luxury hotel sector, which saw $12 billion in transactions last year, is now grappling with new tariffs and market instability, causing many deals to be put on hold. A Tariff War Playbook for Hotels: What a Major Asset Manager Is Thinking Spirit Airlines CEO Steps Down as Part of Leadership Overhaul European Hotel Transactions Were Improving. That's Now in Jeopardy Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews (https://www.youtube.com/@SkiftNews)  and never miss an update from the travel industry.