Hospitality Roundup Archives

Hotels

Marriott CEO Maps Out Crisis Plan and 8 Other Top Hospitality Stories This Week

This week in hospitality news, Marriott CEO Arne Sorenson demonstrates his true leadership with a heartfelt yet candid message to employees outlining his coronavirus crisis plan. Like Marriott and other hotel giants, short-term rental companies have not been immune to the fallout, and they face mounting criticism over widely differing cancellation and refund policies.

Faye Chiu, Skift | 4 years ago

Hotels

IHG’s Fast Response on Virus-Related Cancellations and 7 Other Top Hospitality Stories This Week

This week in hospitality news, the coronavirus outbreak has led to a slew of hotel cancellations. IHG has emerged as a leader during this unprecedented crisis, offering customers the most generous cancellation policy. Plus, low-budget hotels embrace smart design.

Danielle Hyams , Skift | 4 years ago

Hotels

Oyo’s Valuation Could Spiral to $6 Billion and 12 Other Top Hospitality Stories This Week

This week in hospitality news, based on coronavirus impact, particularly from China, Oyo's valuation could plunge to $6 billion based on Skift Research estimates. Plus, Best Western stands out among its hotel peers as a nonprofit with a unique membership model for its owners. Is that holding it back from growth?

Faye Chiu, Skift | 4 years ago

Hotels

Hong Kong Hotels in Survival Mode and 8 Other Top Hospitality Stories This Week

Hotels in Hong Kong were already hurting from the ongoing anti-government protests when coronavirus hit. Will the city's assailed leadership help the industry in this time of crisis? Plus, on the other hand, Marriott is already reopening some of its China locations.

Danielle Hyams, Skift | 4 years ago

Hotels

Oyo on the Defense After Reporting $335 Million in Losses and 14 Other Top Hospitality Stories This Week

This week in hospitality news, hundreds of millions in losses, disgruntled partners, and unsatisfied guests: Oyo has gone from startup darling to something of a black sheep, and CEO Ritesh Agarwal still isn't ready to change up his playbook yet. Plus, Choice Hotels sees the upside in corporate travel and is expanding its extended stay brands.

Danielle Hyams, Skift | 4 years ago

Hotels

Hilton Predicts Ongoing Impact From Coronavirus and 9 Other Top Hospitality Stories This Week

This week in hospitality news, the far-reaching impact of coronavirus on the industry is becoming clearer, with Hilton CEO predicting business to be affected for up to a year after closing hundreds of hotels in China. Plus, Vacasa's CEO steps aside as company looks to go public.

Danielle Hyams, Skift | 4 years ago

Hotels

Oyo’s Troubles Mirror Modern India’s and 6 Other Top Hospitality Stories This Week

This week in hospitality news, Oyo played by India's rules until it couldn't anymore. Now the company is scaling back amid media scrutiny, bad reviews, and growing losses. Plus, a new study shows that the surge in short-term rental offerings is putting pressure on the ability of hotels to raise rates.

Danielle Hyams, Skift | 4 years ago

Hotels

Hotels Navigate Hazy World of Legal Marijuana and 8 Other Top Hospitality Stories This Week

In hospitality news this week, hotels are finding it confusing to straddle state and federal laws when it comes to marijuana. Is legal pot a liability or opportunity? Plus, fast-rising Oyo Hotels & Homes has slammed on the brakes in the U.S., laying off a third of its team and switching up its strategy.

Danielle Hyams , Skift | 4 years ago

Hotels

Hotels Join Fight Against Human Trafficking and 14 Other Top Hospitality Stories This Week

In hospitality news this week, the travel industry is inextricably intertwined with human trafficking. Hotels companies have taken note, and many have partnered with organizations to implement training. But is that enough? Also, the Ace Hotel group consolidated its ownership structure after years of in-fighting following the death of its co-founder.

Danielle Hyams, Skift | 4 years ago

Hotels

Oyo Overdue for Business Rethink and 15 Other Top Hospitality Stories This Week

This week in hospitality news, former SoftBank darling Ritesh Agarwal is paring back his ambitions for Oyo, beginning with cutting more than 1,000 staff. Plus, Skift predicts that 2020 will be the year of subscription travel.

Danielle Hyams, Skift | 4 years ago