Hotels

New York City Hotels Hope for Higher Room Rates as Construction Boom Eases

New York City Hotels Hope for Higher Room Rates as Construction Boom Eases

Hui-yong Yu, Bloomberg

New York City is indeed a tough market for hoteliers because of competition not only from each other but Airbnb, too. And a massive construction boom of hotels doesn't help.

1 week ago

New Data Sheet: The U.S. High-Income Traveler Survey Results 2017

New Data Sheet: The U.S. High-Income Traveler Survey Results 2017

Dave Montali, Skift

A data dive into the habits of U.S. high-income travelers. What do they value and what expectations do they have from their travels?

1 week ago

InterContinental Hotels Won’t Rush to Follow Rivals Into Alternative Accommodations

InterContinental Hotels Won’t Rush to Follow Rivals Into Alternative Accommodations

Patrick Whyte, Skift

InterContinental's new CEO Keith Barr seems happy — for now — to carry on with the work done by his predecessor. While rivals have explored other areas, IHG keeps doing the same thing, although it is developing a new midscale brand. Only time will tell which strategy is right.

1 week ago

Disney’s New Star Wars Hotel Sounds Like Next-Level Immersion

Disney’s New Star Wars Hotel Sounds Like Next-Level Immersion

Hannah Sampson, Skift

Disney wowed everyone with this announcement. Now fans of the theme park company and Star Wars wait for the execution — and the price tag.

2 weeks ago

Irish Countryside Hotels Are Getting a Boost Thanks to Brexit

Irish Countryside Hotels Are Getting a Boost Thanks to Brexit

Ross Kenneth Urken, Bloomberg

Growth in international luxury tourism demand has helped offset the Brexit-based decline in UK travel to Ireland.

2 weeks ago

Marriott Partners With Alibaba to Court the Chinese Travel Market Even More

Marriott Partners With Alibaba to Court the Chinese Travel Market Even More

Deanna Ting, Skift

Smart move, Marriott. Given the growth of the middle class worldwide will be led by China, it's incredibly insightful on Marriott's part to be doing all it can to establish loyalty and brand recognition with this crucial market sooner than later.

2 weeks ago

Airbnb’s Road to an IPO and 13 Other Hospitality Trends This Week

Airbnb’s Road to an IPO and 13 Other Hospitality Trends This Week

Sarah Enelow, Skift

This week in hospitality, our biggest story is 11,000 words on Airbnb's net worth and the process of going public. In the background, hotels are still having a tug-of-war with online travel agencies.

2 weeks ago

Hyatt Makes Nice With Expedia But Still Talks Up Direct Booking

Hyatt Makes Nice With Expedia But Still Talks Up Direct Booking

Deanna Ting, Skift

Expect Hyatt to delve even deeper into more of those adjacent spaces going forward.

2 weeks ago

Wyndham May Sell Its European Vacation Rental Brands on the Way to a Spinoff

Wyndham May Sell Its European Vacation Rental Brands on the Way to a Spinoff

Deanna Ting, Skift

Who's looking to buy up some European vacation rental businesses? Our money's on AccorHotels, Airbnb, and HomeAway, among others.

2 weeks ago

Hyatt Is Investing in the Sharing Economy Again, This Time With Oasis

Hyatt Is Investing in the Sharing Economy Again, This Time With Oasis

Deanna Ting, Skift

We like to think of this as Hyatt's payback for AccorHotels stealing away onefinestay last year.

2 weeks ago

HNA’s Rezidor Bid Is Being Held Up By Chinese Regulators

HNA’s Rezidor Bid Is Being Held Up By Chinese Regulators

Patrick Whyte, Skift

It looks like tighter restrictions on outbound investment are starting to hinder dealmaking at HNA. Although the Rezidor deal may still go through, you've got to wonder what it means for the rest of 2017 and beyond.

2 weeks ago

Wyndham Is Spinning Off Its Timeshare Business Like Marriott, Starwood and Hilton Before It

Wyndham Is Spinning Off Its Timeshare Business Like Marriott, Starwood and Hilton Before It

Deanna Ting, Skift

We had a hunch this would happen, but who knew it would happen so quickly? And how will Wyndham pursue that "blue thread" of loyalty strategy between its hotel and timeshare businesses? And what will happen to its vacation rental business?

2 weeks ago