Hilton, after 16 years without an acquisition, has gone on a buying spree this year, snapping up the Graduate Hotels and NoMad brands. Its commercial officer, Chris Silcock, explains why.
Accor will replace its legacy in-house platform with Amadeus's newest central reservation system over the next few years. The goal is to help reduce the hotel giant's reliance on costly online travel agencies by broadening the channels it can sell rooms on.
CEO Geoffrey Ballotti has Wyndham going places - 95 countries, to be exact. The hotel giant, known for its budget-friendly digs, is breaking out of its economy shell to make moves in the upscale market, such as with newest brand HQ.
Marriott has unveiled details about its newest hotel brand, temporarily named Project Mid-T. It is mainly designed for converting existing hotels or reusing office spaces and is aimed at middle-class travelers.
Viking, the only pure-play luxury cruise line, has reported its first quarterly earnings since it went public. The company is targeting a English-speakers over the age of 55, a demographic with most of the wealth and a broad eagerness to travel.
New York hotels have faced a price crunch after the city lost about 10% of its travel lodging supply between new restrictions on short-term rentals and a program to convert many hotels into shelter for migrants.