Hotels

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Chinese Billionaire Hopes to Transform Korea’s Jeju Island Into Next Big Gambling Spot

Chinese Billionaire Hopes to Transform Korea’s Jeju Island Into Next Big Gambling Spot

Blake Schmidt and Yoojung Lee, Bloomberg

If the success of Macau is any proof, it's that betting big on building integrated resorts throughout Asia is a sure thing in the long run. That is why so many destinations, from Singapore to Japan to Korea, are attracting developers who want to cash in.

5 days ago

Activist Investor Pushes for Whitbread Split

Activist Investor Pushes for Whitbread Split

Lisa Pham, Bloomberg

Shareholders love to "unlock value" but it doesn't always benefit the consumer. Would splitting Premier Inn and Costa Coffee benefit both businesses or would it just make some people a lot richer?

6 days ago

A Veteran Hotel Designer on the Fallacy of Instagrammable Moments

A Veteran Hotel Designer on the Fallacy of Instagrammable Moments

Deanna Ting, Skift

Gimmicky, Instagram-driven designs are out. Solid, functional, and inspiring design, however, never goes out of style.

6 days ago

Wynn’s New Boston Casino Resort May Be Sold to MGM

Wynn’s New Boston Casino Resort May Be Sold to MGM

Christopher Palmeri, Bloomberg

So maybe MGM isn't buying all of Wynn Resorts, but hoping to settle for a piece of it in Boston?

1 week ago

Anbang’s Multiple Hotel Investments Are Likely to Be for Sale

Anbang’s Multiple Hotel Investments Are Likely to Be for Sale

Vinicy Chan, Dinesh Nair, and Steven Yang , Bloomberg

Guess it's a good thing Anbang didn't win out over Marriott to acquire Starwood Hotels and Resorts after all.

1 week ago

Trump’s Name May Be Losing Its Luster at His Hotels

Trump’s Name May Be Losing Its Luster at His Hotels

Patrick Clark and Shahien Nasiripour, Skift

Given his previous business failures and questionable taste, it seems amazing that Trump has been able to trade so heavily on his name, especially in the hotel sector. But with his approval ratings at record lows, property developers are apparently starting to look elsewhere.

1 week ago

Mob Ties May Prevent the New Wynn Boston Harbor From Opening

Mob Ties May Prevent the New Wynn Boston Harbor From Opening

Neil Weinberg, Bloomberg

Best of luck to the marketing and legal counsel teams at Wynn who are not only having to deal with the fallout from Steve Wynn's sexual harassment allegations, but now the potential mob ties associated with the company's newest property.

1 week ago

Wyndham Adds Its Name to More of Its Hotel Brands

Wyndham Adds Its Name to More of Its Hotel Brands

Deanna Ting, Skift

The "by [hotel brand]" trend isn't going away anytime soon. But hotel companies that want to play in that "family of brands" space need to make sure every single one of those brands has the right marketing power behind them, and the right consumer perceptions and awareness.

2 weeks ago

A Bold Trump Organization Appeals to Panama’s President in Hotel Dispute

A Bold Trump Organization Appeals to Panama’s President in Hotel Dispute

Juan Zamorano and Stephen Braun, Associated Press

The Trump Organization's efforts to get the Panamanian president to intervene with its issues involving a Trump hotel in Panama City is just another example of the ethical dilemmas President Trump faces. He refused to divest his business. Stay tuned for more stories like this one out of Panama.

2 weeks ago

Technology Finally Convinced Mandarin Oriental to Launch a Loyalty Program

Technology Finally Convinced Mandarin Oriental to Launch a Loyalty Program

Deanna Ting, Skift

Can luxury brands like Mandarin Oriental, Four Seasons, and others convince consumers that you don't need the lure of points or free nights to be loyal?

2 weeks ago

HNA Sale of Hilton Stock Could Be Worth $6.5 Billion

HNA Sale of Hilton Stock Could Be Worth $6.5 Billion

Deanna Ting, Skift

No doubt most Wall Street analysts and Hilton shareholders are likely happy about this news. We do, however, have to wonder how Carlson Hotels, which is 100 percent owned by HNA, is taking this recent news.

2 weeks ago

Airbnb-Branded Residences Draw Criticism and 6 Other Hospitality Trends This Week

Airbnb-Branded Residences Draw Criticism and 6 Other Hospitality Trends This Week

Sarah Enelow, Skift

This week in hospitality, we have two stories on Red Lion, which is buying Knights Inn from Wyndham — but Airbnb also made waves. The unsuspecting residents of an apartment complex in Florida suddenly find themselves under Airbnb's umbrella, whether they like it or not.

2 weeks ago