Blackstone wants to capitalize on the upside of a travel recovery in hotels, and its investment in Groups360 is a small step. The upshot is it helps Groups360 triple the number of hotels it works with.
Accor's Sébastien Bazin is one of the rare travel industry executives who can hold a room rapt with his every word. In this video, the CEO explains some of the thinking behind his company's boldest decisions.
Live on stage at Skift Forum Europe last week, industry leaders shared their top-level vantage points on the future of work, and hospitality. One of them was more ahead of the curve than others. A little too far, in fact.
Although the American Hotel & Lodging Association is adamant that companies should resume large-scale business travel, hotels can't rely on it to drive their recovery. Corporate executives don't see the sector making a full rebound anytime soon — if ever.
An ambitious target of one million tourists by the end of 2022 has Mauritius — a largely luxury tourist destination, diversifying to lure even digital nomads and retirees. Will this help them deliver the numbers?
A couple of regions are performing well for Accor, the France-based hotel company. But let's not confuse this with those booming pre-pandemic times. The Covid hotel industry recovery still has a long way to go.
Accor continues to see bright days ahead in its recovery, but the war in Ukraine adds new challenges for Accor's already volatile pandemic recovery — especially a conflict in one’s backyard.
In Skift's top stories this week, money from Airbnb bookings meant to support Ukraine is often going to hosts outside of the country, several hotel giants freeze development plans in Russia, and United Airlines is worried about the prospect of higher oil prices.