Articles tagged “accor”

Accor said on Monday that it had named Gilda Perez-Alvarado as its group chief strategy officer in charge of overseeing global strategy, relations with hotel owners, and strategic partnerships.

We saw during the pandemic how important it was for companies to have plenty of cash and the ability to borrow more. Airbnb and Booking Holdings have ample resources for big things on their to-do lists.

Today's edition of Skift's daily podcast looks closer at junk fees in Texas, price hikes at tourist landmarks, and increasing travel demand in Europe and Asia.

The major hotels and OTA companies reported strong earnings this month, signaling robust travel demand despite economic uncertainties. The companies most skewed to Asia now offer the greatest potential for growth and share price gains.

From political challenges to internal reassessments, Google Travel is clearly going through a transition.

Wyndham reported a slight beat, and while the debate is whether this was just because expectations were lowered, investors bid the stock up despite all the worries, so that is always a good vote of confidence.

The hotel giant marked a remarkably profitable first half of the year thanks to an extended surge in travel. But it will need to implement a savvy strategy to keep the profits flowing after the rebound fades.

Accor Pacific announced that its partners have invested more than $300 million in hotel renovations and refurbishments since the beginning of 2022.

Independent hotels can expand their customer base and adapt to changing market conditions by joining a larger hotel group with a global distribution and supply network. Accor’s diverse portfolio offers a spectrum of conversion-friendly brands to address the individual needs of owners.

The surge in airfares and tour packages, coupled with millennials’ shift in spending patterns, is quite possibly driving the demand for travel loans.