Hotel Company HHM to Buy Urgo Hotels & Resorts
Expect more mergers among hotel management companies until there are approximately 10 companies left in North America for the most competitive markets.
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.
Why Hotels Should Be Worried Now About Looming Stagflation
Stagflation, or a mix of slow growth and high prices, would be an unfamiliar crisis. Even the shrewdest hotel executives and investors would need to be on guard.
Pro-invest Group to Sell $700 Million Worth of Hotels in Australia
Pro-invest's sale of eight select-service hotels in Australia underscores strong demand for hotel deals from institutional investors. Also, Truist talks to Wyndham about acquisitions, Marriott discusses supply chain problems, and more.
Marriott CEO Tony Capuano Sees “Extraordinary Pricing”
Marriott International CEO Anthony Capuano sat down with CNBC's Andrew Ross Sorkin at the 2022 World Economic Forum to discuss what the company is seeing in travel demand.
Travelers Continue Searching Online Booking Sites in Large Numbers
Website and mobile traffic analytics firm SimilarWeb said on Thursday that traveler booking patterns remain strong. The company collects a mix of raw data from brands such as Airbnb, Southwest Airlines, and Vrbo, and…
Japan Reopens to Some Overseas Visitors Starting June 10
Japan said on Thursday it would reopen its borders to international visitors on group trips, the Wall Street Journal reported.
Fashion Magazine Elle to Open Boutique Hotel in Paris, as Bulgari and Armani Expand Their Hotel Brand Extensions
Europe-based fashion magazine Elle has announced plans to open a boutique 25-room hotel in Paris, reported the Business of Fashion on Tuesday.
Airbnb to Shutter Domestic Business in China: Report
"Airbnb is closing its domestic business in China, according to two sources familiar with the matter," reported CNBC's Deirdre Bosa on Monday. According to the report, the pullout from China…
Wyndham’s App Update Is Made for Road Trips
Hundreds of thousands of Americans regularly struggle to plan long-distance trips with stops at hotels that are pet friendly or have parking for large trucks. Wyndham's new tool aims to address this hassle.
U.S. Flight Searches on Sunday Were Up 22 Percent Versus 2019, Kayak Says
We're witnessing an unusual moment. Travel demand typically marches in lockstep with the economy, growing during booms and falling in downturns. Yet data from Kayak, the price-comparison search company, suggests…