Enthusiasm for extended-stay hotels seems boundless among U.S. hotel developers. The national extended stay pipeline is now 44% of supply, up by almost 10% in the last 18 months.
Travel sticker shock is giving way to anger for many consumers. But the inflation data suggests that most hoteliers have raised prices in-line with their rising costs rather than capturing excess profits.
Saudi Arabia’s giga-project NEOM envisions a revolutionary future for travel — one that blends sustainability, innovation, access to nature, and luxury to redefine the way we explore the world. As its ambitious plans come to life, NEOM could become the world's first destination to establish a groundbreaking standard in immersive, eco-conscious, and transformative travel experiences.
Keeping the members of the world's largest loyalty program happy, is about bringing quality as opposed to quantity. That's according to Jennifer Hsieh, vice president for Homes & Villas, who shared the company's approach to loyalty at the Skift Short-Term Rental Summit.
Today's edition of Skift's daily podcast looks closer at why the U.S. needs Chinese tourists, how short-term rentals may perform this summer, and why the new U.S. tourism department can't do anything.