This week, we examined the compensation of hotel CEOs and found that a now-disgraced executive ended up on top again. Meanwhile, a private equity firm ended its long relationship with Hilton.
Throughout the week we post dozens of original stories, connecting the dots across the travel industry, and every weekend we sum it all up. This weekend roundup examines hospitality.
For all of our weekend roundups, go here.
>>We can only hope that a large portion of Steve Wynn’s $34 million compensation from last year will go to his multiple alleged victims: The Most Highly Compensated Hotel CEOs of 2017
>>Blackstone Group is selling its remaining stake in Hilton, ending one of the longest private equity plays in hospitality. What Private Equity Giant Blackstone Has Meant to Hilton
>>Is there anything out there AccorHotels won’t buy at this point? AccorHotels to Buy Chile’s Atton Hoteles
>>Although this looks like a smooth change at the top, we’ll have to keep an eye on whether the new CEO deviates from the path the company has set itself on in recent years: Hostelworld Raids Expedia for New CEO
>>Everyone wants to get in on the tours and activities market, but very few can or have succeeded in the space: Marriott Integrates Facebook Messenger Into Its Tours and Activities Offering
>>Travel isn’t as big a political player as some other industries, but major players wield significant influence over political candidates and the issues surrounding airports and hotels. More transparency is a good thing, particularly for shareholders who may fear a decline in stock value due to political positioning based on the whims of a company’s CEO: Shareholders Push Travel Companies to Disclose Political Giving as Mid-Terms Loom
>>Given that luxury is all about rarity, it’s no wonder that pop-ups of all sorts are creeping into the high-end arena. In the world of hospitality, basic pop-up accommodations have been springing up at festivals like Coachella for awhile. But more elaborate, ephemeral digs are only now starting to pop up in unexpected places around the world: Hotels Experiment With Pop-Ups to Attract New Audiences
>>Can the new CEO manage to grow the Langham and Cordis brands on a larger scale? That’s the bigger task that lies ahead for Leser: Langham Hospitality Group Names New CEO With Expansion on the Agenda
>>An experience that only has a temporary shelf life is more valuable to certain consumers – especially those with plenty of money to spend. We can expect to see more hospitality brands experimenting with pop-ups in the future: Luxury Hospitality Embraces Transience
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Photo credit: Steve Wynn (pictured) topped the list of the highest paid hotel CEOs in 2017. Brent Lewin / Bloomberg