"The more we can put people attached to a property and give it a personality and a story, the better we perform in reviews and just the better the overall experience,” one executive told us.
Marriott Homes & Villas saw growth to 160,000 homes and a 38% surge in international demand, combined with innovative use of generative AI for tailored guest experiences.
The NYU Conference had mixed opinions on its tone and mood, with Barclays finding it muted and Truist noting a lack of extreme bullishness, while discussions on hotel REITs highlighted concerns about investment strategies and the influence of hedge funds.
The union that represents American Airlines flight attendants rejected the carrier's proposal to increase wages by 17%. Now, American flight attendants are preparing for the possibility to strike.
The regulatory crackdown on short-term rentals in markets like New York coupled with a shortage of long-term housing that’s only getting more expensive, is creating space for midterm housing to thrive.
The Skift Travel Health Index paints a positive picture for the travel industry this month, gaining 3 percentage points (pp) over March 2024 to reach 108. This represents an 8% surge over last year, boosted by spring travel.