Hotels Are Betting Big on Brand Conversions Coming of Out of the Crisis: Is That Smart?
Hotels Are Betting Big on Brand Conversions Coming of Out of the Crisis: Is That Smart?

skift Inc. · 18 May

Depending on whether global brands or independent operators are the ones talking, there is a lot of money to be won or left on the table in a hotel b

Mistakes to Avoid When Renegotiating Corporate Hotel Rates
Mistakes to Avoid When Renegotiating Corporate Hotel Rates

skift Inc. · 8 Apr

Nobody has a crystal ball — although many travel buyers probably wish they did right now. One question on their minds will be what is the hospitality

What the $2 Trillion U.S. Stimulus Package Means for Travel Businesses
What the $2 Trillion U.S. Stimulus Package Means for Travel Businesses

skift Inc. · 31 Mar

President Donald Trump last week signed what is now known as the CARES Act, a massive $2 trillion stimulus meant to keep the U.S. economic engine run

Japan’s Olympics Delay Could Cost $6 Billion Including Hit to Tourism
Japan’s Olympics Delay Could Cost $6 Billion Including Hit to Tourism

skift Inc. · 30 Mar

Japan's Olympic delay has upended years of careful planning by organizers and spawned costly headaches for small businesses, hotels and even pro base

Hotel Deals and Lending Zapped by Coronavirus at the Finish Line
Hotel Deals and Lending Zapped by Coronavirus at the Finish Line

skift Inc. · 27 Mar

Heading into 2020, the hotel sector was expected to slow down, but deals were still getting financed. Then came coronavirus.

UK Airlines Demand Tax Breaks After Government Rules Out Financial Support
UK Airlines Demand Tax Breaks After Government Rules Out Financial Support

skift Inc. · 26 Mar

A representative body for airlines based in Britain has written to its transport minister seeking industry-specific tax and air traffic fee holidays

IHG Cuts $150 Million in Costs as Revenue Plummets
IHG Cuts $150 Million in Costs as Revenue Plummets

skift Inc. · 20 Mar

Demand for hotel rooms is at record lows, the company behind InterContinental and Holiday Inn hotels said on Friday, as it announced $150 million of

Hotels Chains Maneuver to Deal With Coronavirus Gut Punch
Hotels Chains Maneuver to Deal With Coronavirus Gut Punch

skift Inc. · 18 Mar

From furloughs and layoffs to withdrawn guidance and loyalty program modifications, the big hotel chains were maneuvering to survive the novel corona

Tripadvisor Is Trying to Sell Its Vacation Rental Businesses
Tripadvisor Is Trying to Sell Its Vacation Rental Businesses

skift Inc. · 16 Mar

Some might consider it ironic that there's been a lot of talk about the possibility of Expedia Group shedding assets, but Tripadvisor is the one acti

Australia’s Brushfire Recovery Funds May Be Used for Coronavirus Response
Australia’s Brushfire Recovery Funds May Be Used for Coronavirus Response

skift Inc. · 11 Mar

The National Bushfire Recovery Agency can not guarantee the funds set aside by the government to aid in the bushfire restoration will not also be use

European Tourism Losing More Than $1 Billion a Month From Virus: EU Commissioner
European Tourism Losing More Than $1 Billion a Month From Virus: EU Commissioner

skift Inc. · 3 Mar

As the coronavirus enters its third full month affecting the globe, the tourism industry is able to more precisely quantify the scale of its financia

Booking Channels Rival Expedia and Will Cut Costs Too
Booking Channels Rival Expedia and Will Cut Costs Too

skift Inc. · 27 Feb

Could investors be whispering in Glenn Fogel's ears that what's good for Barry Diller's Expedia Group might be beneficial for Booking Holdings, as we

Sabre to Boost Its Travel Tech Investment by $150 Million This Year
Sabre to Boost Its Travel Tech Investment by $150 Million This Year

skift Inc. · 27 Feb

Sabre CEO Sean Menke is right to highlight the progress his business has made during the three years since he took the top job. He's also right to in

Abandoned Hong Kong Hotels Go Into Survival Mode as Virus Fallout Spreads
Abandoned Hong Kong Hotels Go Into Survival Mode as Virus Fallout Spreads

skift Inc. · 26 Feb

As hotel occupancy plunges to a single digit, Hong Kong's leadership toward one of its most important industries is being put to the test during the

Expedia Begins Layoffs Targeting 12 Percent of Its Workforce
Expedia Begins Layoffs Targeting 12 Percent of Its Workforce

skift Inc. · 25 Feb

Diller and Kern are taking an ax, as promised, to Expedia Group's payroll. This could be just the first round, and the thinking might be: Why sell to

MGM Resorts Reports Data Breach Affecting Nearly 11 Million Guests
MGM Resorts Reports Data Breach Affecting Nearly 11 Million Guests

skift Inc. · 25 Feb

U.S. casino operator MGM Resorts International said on Thursday it was the victim of a data breach last year after an earlier report claimed that det

Oyo’s Annual Losses Ballooned to $335 Million in 2019
Oyo’s Annual Losses Ballooned to $335 Million in 2019

skift Inc. · 18 Feb

Oyo appears to be taking its once-explosive global expansion strategy down a few notches, and that could be a good thing for the young company in the

Oyo Investor SoftBank Hit by Another Earnings Setback as Profit Plummets
Oyo Investor SoftBank Hit by Another Earnings Setback as Profit Plummets

skift Inc. · 13 Feb

SoftBank Group Corp reported a near-total wipe out in quarterly profit on Wednesday, after the Japanese technology investor was whiplashed for a seco

Google Bows to European Pressure and Tests Adding Travel Rivals’ Direct Links
Google Bows to European Pressure and Tests Adding Travel Rivals’ Direct Links

skift Inc. · 11 Feb

Google has argued for years that its boxed-up and featured hotel, flight, and restaurant results are highlighted because they provide users with the

5 Takeaways From the Year’s Largest Hotel Industry Conference
5 Takeaways From the Year’s Largest Hotel Industry Conference

skift Inc. · 4 Feb

Every January, about 3,000 hotel executives, owners, developers, and management companies gather in Los Angeles to make pronouncements about the heal

Will Marriott and British Airways Ever Pay Those Huge Proposed Data Breach Fines?
Will Marriott and British Airways Ever Pay Those Huge Proposed Data Breach Fines?

skift Inc. · 8 Jan

Those headline fines were pretty jaw-dropping, but it seems more than likely that they will be massively reduced whenever they are finally rubber-sta

The Way Forward for Expedia May Include Selling Off Businesses
The Way Forward for Expedia May Include Selling Off Businesses

skift Inc. · 12 Dec

Off with their heads isn't a long-term strategy. Now that the bloodletting — among senior leadership, at least — at Expedia Group apparently is over,

Accor Sells Half of Its Stake in Huazhu as Chinese Partner Eyes Europe
Accor Sells Half of Its Stake in Huazhu as Chinese Partner Eyes Europe

skift Inc. · 6 Dec

Has Accor's partnership with Huazhu worn out its usefulness given the Chinese hotel giant has built a strong positioning in the economy and midscale

Oyo Promotes Executive to Board to Aid Growth Efforts
Oyo Promotes Executive to Board to Aid Growth Efforts

skift Inc. · 3 Dec

Oyo Hotels & Homes, the SoftBank Group Corp.-backed startup that's built up a large chain of branded hotels and vacation homes around the world, has

Accor CEO to Doubters in Asia: Our Brand-Heavy Strategy Is Working
Accor CEO to Doubters in Asia: Our Brand-Heavy Strategy Is Working

skift Inc. · 21 Oct

Having more brands when cheap money is chasing real estate is good for Accor, but may not be for its hotel owners, especially in Asia, who surely are

New Resort Fee Legislation Would Disrupt How Hotels Are Sold Online
New Resort Fee Legislation Would Disrupt How Hotels Are Sold Online

skift Inc. · 3 Oct

This is going to be a slugfest. Some hotels view resort fees as key to business and argue that they are already transparent in how they advertise the