This week in hospitality, Airbnb reportedly is leading a $75 million investment round into Lyric Hospitality, possibly getting deeper into property management. Then don't miss our 25 Travel Moments That Mattered in 2018, including commission cuts for meeting planners, panic buttons, and more.
Hotel News Weekly Roundup
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 hotels.
For all of our weekend roundups, go here.
>>Airbnb could be in the initial stages of getting into property management. While such an initiative has its risks in terms of criticism from current property management partners, it seems like a much smarter strategy than expanding into very complex and difficult areas such as flights: Airbnb’s Grand Travel Ambitions Could Be Taking a Detour
>>This past year served up headlines that certainly didn’t end with the start of another news cycle. The ripple effects were felt across all of travel. Follow the trends of the moments that we have pointed out here — and be prepared to ride their waves well into 2019 and beyond: 25 Travel Moments That Mattered in 2018
>>Christmas comes early for Accor, which announced its first Orient-Express Hotel in Bangkok, a 154-room property that was originally meant to be an Edition hotel. But there is still much for Accor to do as luxury players find the old new brand confusing: How Accor Landed Its First Orient Express Hotel in Bangkok Bumping a Planned Marriott Edition
>>A sense of betrayal, conflict of interest, and constant changes at the global hotel chain all contributed to the breakup of Radisson Hotel Group’s joint venture with Panorama Group to expand Radisson brands in Indonesia. It seems to be a story on how not to do a partnership: How Radisson’s Foray Into Indonesia Was Undone by Betrayal
>>As luxury hotel companies work to become spaces for healthy living, we’ll likely start seeing more people with “wellness” or “well-being” in their titles take up senior positions: Hyatt’s New Wellness Exec Talks Strategy
>>More perks are coming to lower-level elites in Hyatt’s World of Hyatt loyalty program next year thanks to its new Milestone Rewards program: World of Hyatt Loyalty Adds New Milestone Rewards to Attract Wider Audience
Have a confidential tip for Skift? Get in touch
Photo credit: One of Lyric Hospitality’s apartment rentals in Austin. Airbnb may lead a $75 million investment round into the company. Lyric