Christopher Palmeri , Bloomberg
Does this really signal the "new Wynn" or is this just more of the same?
1 week ago
Deanna Ting, Skift
Hilton knows that while technology can be a great problem-solver, the company can't ever forget that it's rooted in the hospitality industry, where, oftentimes, service and true hospitality simply can't be automated.
Sarah Enelow-Snyder, Skift
This week in hospitality, we dug into Hyatt's strategies on loyalty, private accommodations, and its pursuit of NH Hotel Group.
2 weeks ago
Patrick Clark, Bloomberg
In hotels, as is fashion, what's old is new again.
Bloomberg
Nearly two years after HNA Group announced it would sell off Radisson Hotel Group to pay off some of its mounting debt, another Chinese conglomerate wants to add to its portfolio. Jin Jiang has been patiently growing its hospitality holdings, but may end up in a similar debt trap to HNA Group in the end.
Seems like both Hyatt and AccorHotels are struggling to find ways to make private accommodations work with their current business models. But we don't think they should give up hope just yet.
If independent hotel collections like Small Luxury Hotels of the World and its peers want to thrive, pursuing more loyalty tie-ins seems likely, but they have to be careful to stress the additional value they can bring for independent hotels. Otherwise, what's stopping independents from flocking to the hotel soft brands?
Having finally stepped out on its own, Wyndham Hotels is in pursuit of what every major hospitality company is today: more scale, improved guest experiences, and more bookings.
Again, we ask ourselves, what is out there that AccorHotels will not buy?
Would NH Hotel Group have been better off with Hyatt? Perhaps we’ll never know. But maybe there’s another company out there that isn’t afraid to get into a bidding war with Minor?
Charles Penty, Bloomberg
Hyatt's attempt to buy NH Hotels may have been foiled but its latest move indicates that the company is hungry for scale, so we should expect it to make some moves going forward.
If the battle between Marriott and Anbang over Starwood was any indication, Minor International should know it's not over until the deal is signed. That 44 percent stake should come in handy, but it's not a full 100 percent just yet.
