Timeshare Giants Report Strong Quarter
Vacation ownership is having a boom time this year as the travel sector broadly recovers from the pandemic.
Sean O’Neill is Skift’s Senior Hospitality Editor. Sean’s forte is reporting, and he’s broken multiple hotel industry scoops. He has also conducted 1:1 interviews on stage with the CEOs of Marriott, Hilton, IHG, Hyatt, and Wyndham.
Hyatt’s Business Travel Comeback Overshadowed by Record Leisure Demand
Hyatt, best known for appealing to business travelers, is relying lately on vacationers who accounted for half its business in the most recent quarter. Yet July data points to group business and banqueting tracking toward a comeback that's faster than some expected.
IHG CEO: Pandemic Bet on Revamping Loyalty Starts to Pay Off
IHG's loyalty program has lagged behind its peers in quality. But CEO Keith Barr said the company had overhauled the program to turn it into a magnet for high-value travelers. Early results look encouraging.
Sabre Buys Payment Tech Firm Conferma Pay in Bet on Virtual Cards for Business Travel
Sabre acquired payments technology vendor Conferma Pay based in the UK, on August 3, the travel tech company confirmed in a statement to Skift. The travel technology company based in Southlake,…
Inspirato’s Luxury Travel Subscription Revenue Doubled in Q2
Inspirato, a Denver-based travel startup, said that it generated $36 million in subscription travel revenue in the second quarter — up by half year-over-year. The company's full quarterly revenue was $84 million.
Time for Hotels to Stop Cheating on Their Branding
Hotels use a branding model that is, for the most part, broken. That reality leaves a gap for savvy marketers to exploit. Here's a refresher on tactics to use according to the professor who literally wrote the book on hospitality branding.
Australia Struggling to Balance Inbound Visitor Void With More Local Tourists
The number of Australians leaving for international trips has been more than 80 percent above the number of incoming visitors to the country.
Australia’s Alloggio Expands Short-Term Vacation Rental Network
Alloggio, a short-term rental property manager based in Australia, has invested $11 million ($16 million Australian) since its November initial public offering. The small company has acquired rights to manage…
Where Choice Hotels’ Radisson Acquisition Could Supercharge Growth
Choice Hotels on Thursday offered the first in-depth details of plans for its $675 million acquisition of Radisson Hotel Group Americas. The endgame? Boost those franchise royalties.
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Cendyn Buys DigitalHotelier to Expand Hotel Ecommerce and Distribution Tools
Cendyn, which offers customer relationship management and digital marketing tools to hotels, said on Wednesday it had acquired DigitalHotelier, which provides hoteliers with tools for distribution, web design, digital marketing,…