TikTok’s Near Death, Hotels and Trump and Agoda's Sustainability Fund

Donald Trump’s return to the White House has the hotel industry hopeful for policies like tax cuts and expanded worker visas to boost business, as the expiration of key tax provisions could lead to a 33% increase in taxes. Meanwhile, TikTok will remain accessible in the U.S. after Trump extended the deadline for ByteDance to find a buyer, preventing a federal ban that could have disrupted travel marketing for major brands like Expedia and Disney Parks. Additionally, online travel agency Agoda has launched a Sustainable Tourism Impact Fund to support small businesses in Southeast Asia with low-interest loans to promote eco-friendly practices. Airbnb has unveiled measures to crack down on price gouging 2024 was a record-breaking year for airlines Luxury cruise group Ponant Explorations Group acquired Aqua Expeditions 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 and never miss an update from the travel industry.