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.
Marriott Plays Catch-Up on All-Inclusives as Rivals Push Into Resorts: After years of standing on the sidelines, the world’s largest hotel chain has committed to growing its all-inclusive portfolio organically. Keep an eye on Latin America and the Caribbean, which will be huge test markets for whether Marriott goes global.
Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping? With so many hotel rooms in the pipeline, a turnaround of slower revenue-per-room growth in New York City is not expected until after 2020. It’s a classic supply-and-demand problem, making it a delicate balance to get pricing power back in a city where tourism remains hot.
Mews Raises $33 Million to Challenge Oracle Hospitality in Hotel Tech: Game on, Oracle. But like everything in the hotel sector, the battle between next-generation hotel tech players and established titans will take years to play out.
Corporate Housing Is Getting (a Little) Less Boring: Startup Zeus Living is shaking things up, providing corporate travelers with a more Airbnb-like experience. Hopefully it catches on.
Dubai Tourism Launches Ads as Hotels Show Softness Ahead of Expo 2020: As Dubai deals with the disruptions for planning for Expo 2020, the tourism authority is leaving no stone unturned to market the destination on a global level. But while tourism volumes are increasing steadily, the hospitality sector needs to work towards bumping its rates back up.
Best Western’s Newest Acquisition Points to Long-Term Reservations Strategy: Property management systems are not the most exciting topic to discuss when assessing a hotel’s tech prowess, but they are core to any company’s ability to sell as many rooms as possible.
Luxury Boutique Hotels Push Further Into Former Warehouse Districts: All over the world, once-derelict areas in cities are still drawing hotels because the price is right. How long will that last?
Does a Hotel-Backed Meetings Booking Platform Stand a Chance? Hotels need to be willing to make more investments — and to give up some of their control — if Groups360 is going to work.