Hotel News

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Comprehensive coverage of the hospitality industry, hotels, and motels including news, original stories, trends, deep dives, interviews and more.

How an $8 Million IHG Default Managed to Double the Size of a Boston Hotel Company Overnight

How an $8 Million IHG Default Managed to Double the Size of a Boston Hotel Company Overnight

Cameron Sperance, Skift

IHG’s loss stands to be the first in several gains for Sonesta if the hotel company continues to partner with its lodging trust investor on pandemic-related investment and rebranding opportunities around the world.

2 weeks ago

A CEO’s Love Letter to Travel

A CEO’s Love Letter to Travel

Arne Sorenson, Marriott

I miss travel the way I miss an old friend — the absence is there even without pausing to focus on it.

2 weeks ago

Omni Remains Committed to Convention Hotels Despite Pandemic Downturn

Omni Remains Committed to Convention Hotels Despite Pandemic Downturn

Cameron Sperance, Skift

Omni doubling down on luxury convention hotels at a time when major events aren't expected to return until at least next year is a risky move. But it could also prove highly successful if its long-view forecast actually pans out.

2 weeks ago

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How Hospitality Revenue Managers Can Take a More Holistic Approach to Planning and Profitability

How Hospitality Revenue Managers Can Take a More Holistic Approach to Planning and Profitability

IDeaS Revenue Solutions + Skift

No matter the situation, hotel revenue managers need to figure out how to stack the right building blocks to forecast accurately, price with confidence, and maximize profitability. Taking small steps toward a more holistic approach to revenue planning and strategy is a smart — yet realistic — way to make this happen.

4 months ago

U.S. Hotel Trade Group Warns D.C. of Further Industry Calamity After Dismal Summer

U.S. Hotel Trade Group Warns D.C. of Further Industry Calamity After Dismal Summer

Cameron Sperance, Skift

The American Hotel & Lodging Association continues to outline why it needs Washington to help the struggling hotel sector. The next four weeks are a make-or-break moment for dealmaking on Capitol Hill until after the U.S. presidential election.

3 weeks ago

MGM Resorts to Lay Off 18,000 Staffers Beginning Monday

MGM Resorts to Lay Off 18,000 Staffers Beginning Monday

Cameron Sperance, Skift

MGM laying off 18,000 workers is the latest testament that Las Vegas needs more than slot machines and poker tables to keep resorts running at pre-pandemic performance levels.

3 weeks ago

Isn’t It Time to Redesign Hotel Awards?

Isn’t It Time to Redesign Hotel Awards?

Raini Hamdi, Skift

It is surprising that hotel awards are still being given out even when travel is in a lockdown. Some are meaningful and relevant, but mostly it's an industry that begs for a reinvention.

3 weeks ago

What Would an IHG-Accor Merger Look Like Anyway?

What Would an IHG-Accor Merger Look Like Anyway?

Cameron Sperance, Skift

Another day, another rumor that Accor and IHG will combine forces. But even a successful merger is unlikely to send the hotel industry into a wave of consolidation due to so many other distressed deals expected during the pandemic recovery.

3 weeks ago

Google Jumps Into Contactless Hotel Technology Push

Google Jumps Into Contactless Hotel Technology Push

Cameron Sperance, Skift

If there is one permanent legacy from the coronavirus pandemic’s grip on the hotel industry, it is likely the move toward technology features that reduce the amount of staff interaction. Google is the latest company to join the movement.

3 weeks ago

All U.S. Hotel Sectors Saw a Profit in July — Yes, Really

All U.S. Hotel Sectors Saw a Profit in July — Yes, Really

Cameron Sperance, Skift

Hoteliers shouldn't get used to good news. U.S. full-service hotels may have seen a very slight average profit per room in July, but the peak summer travel season is fading — and the pandemic still isn't under control.

4 weeks ago

Las Vegas in Crisis and 9 Other Coronavirus Travel Stories This Week

Las Vegas in Crisis and 9 Other Coronavirus Travel Stories This Week

Dennis Schaal, Skift

In conavirus-related travel stories this week, Skift looked at Las Vegas' chances without conventions, Google's new advertising product, inroads by private jet operators, and a hole in the travel industry's coronavirus sanitation response.

4 weeks ago

Accor Shows Interest in Merger With IHG to Create Global Hotels Behemoth: Report

Accor Shows Interest in Merger With IHG to Create Global Hotels Behemoth: Report

Reuters

It would be the biggest industry marriage since Marriott and Starwood. Is it the pandemic, or did Accor CEO Sebastien Bazin have his eyes set on IHG all along?

4 weeks ago