Just because Marriott sees more growth opportunity abroad doesn’t mean it will neglect its reliable staples in the U.S. But a successful brand refresh like Courtyard’s hinges on sticking to timelines (or speeding those up).
Hotel management platforms are a popular acquisition target this year. A property owner like MCR can add even more on-the-ground experience to make software efficient at a time when maximizing labor potential is a must due to shortages.
Real estate developers haven’t slowed down or dimmed interest in the hotel sector during the pandemic, even in parts of the world suffering the most from new variants.
The Omicron variant hasn't impacted the global hotel industry as far as weekly performance data yet, but government regulations are already unfurling and pointing to a difficult winter ahead.
We’re still weeks away from knowing just how much of an impact the Omicron variant will have on the travel industry. But companies can already discern just how much of a role government can have in altering the course of recovery.
Accor is staying busy with brand rollouts and expansion into newer sectors like all-inclusive resorts, but make no mistake: This is all about elbowing out the competition to win over luxury customers.
It's a week of good news for major U.S. cities while Asia Pacific sends mixed signals on reopening, much to the economic detriment of countries without much of a domestic traveler base.