Indian Hotels Company Enjoyed Another Record Quarter
Indian Hotels Company (IHCL) plans to reach a portfolio of 300 hotels by 2025, it said on Tuesday when reporting its earnings.
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.
Billionaire’s Sommerro Hotel in Oslo Taps Into Immersive Neighborhood Trend
Billionaire Petter Stordalen's new hotel in Oslo, Sommerro, and his soon-to-open sister property, Villa Inkognito, are noteworthy. They take the experiential travel trend in new directions.
U.S. Hotels Haven’t Yet Recovered 2019 Occupancy, Staffing, or Real Revenue
The U.S. hotel sector will this year finally surpass 2019 levels on a few performance metrics, according to research commissioned by the country's largest hotel lobby.
Starwood’s SH Hotels Looks for Developers Aligned on Luxury and Sustainability
Starwood Capital has bet on two trends with SH Hotels. It seems likely that the rich will get richer, boosting demand for luxury hotels. It also seems likely climate change will worsen, increasing the demand for sustainability.
Hotels Make Inroads Into Boosting Diversity Through Their Restaurants
Many U.S. hotels have struggled to hire and retain non-white leaders post-pandemic. So some hotels are enhancing the ranks of who leads the line in the kitchen as one of a few ways to reverse the trend.
Hyatt’s Growth Plan Highlights Premium Brands and Global Markets
Hyatt has a record hotel development pipeline of about 117,000 rooms worldwide. Investment bank analysts are scrambling to re-rate hotel companies. And more lodging news.
Blackstone, Starwood, Other Big Hotel Investors Prep for Dealmaking Rush Later This Year
When every investor in a sector says they're "cautiously optimistic," watch out.
What to Expect From U.S. Hotel Dealmaking in 2023: Trophy Sales and Trauma
The hotel industry revival is apparent everywhere except in sales volume for hotel assets. Expect the relative lack of dealmaking to continue for at least a few more months — perhaps longer.
Marriott Execs Say Blended Travel Here to Stay With New Product Opportunities
Marriott executives believe that the rise of mixed business and leisure trips poses challenges for tracking guest behavior. But the trend also creates opportunities to offer new products.
Peninsula Hotels Treads a Delicate Balance Marketing in Hyper-Critical Mediascape
The Peninsula Hotels moved in the right direction to feature its talent as protagonists in its newest marketing campaign. Yet did the brand move too far by not including imagery of the properties themselves?