Dan Peltier

Hyatt CEO Wants to Woo the Global Middle Class

Hyatt knows that its business is heavily skewed towards affluent and experienced travelers and it's done well to establish itself as a dominant player in many gateway destinations. But the combination of hotel consolidation and a rising middle class has made it think differently about how and where it wants to position itself.

Airbnb Launching an Effort to Address Overtourism It Helped Create

The Airbnb effect has helped transform many neighborhoods around the world, and some before they were fully ready for mass tourism. The company is acknowledging that it knows it has an impact. But let's see if major cities where the real problems exist will get the same treatment as rural villages in Africa.