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Ace Hotels Goes Luxe and 3 Other Hospitality Trends This Week

  • Skift Take
    This week in hospitality, Ace Hotels steps into the luxury sector with a new property in New Orleans, and a new report finds that Airbnb could have a market capitalization larger than any hotel company.

    >>It will certainly be interesting to see how Ace approaches both luxury and micro-hotels starting in the next few months: Ace Hotels Is Entering the Luxury Space With New Project

    >>The battle between Airbnb and Booking (and everyone else in online travel) is just beginning: Airbnb Could Be Worth More Than Any Hotel Company

    >>In addition to dreaming up new hotel brands, we’re surprised more hotel companies aren’t thinking of launching more of their own serviced residence brands — or buying up others: Meet the Hospitality CEO Who Embraces Airbnb

    >>It sounds like the Restel deal has gone relatively smoothly for Scandic. Might the company now set its sights on other targets? Or will it become a target itself? Scandic Hotels Delighted With Restel Integration as Profits Rise

    Photo Credit: Ace Hotel marquee in New York on Nov. 15, 2017. Ace Hotels is getting into the luxury sector with a new property in New Orleans. Eden, Janine and Jim / Flickr
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