Articles tagged “accor”

Travel companies increasingly looked to go public via SPACs this year, but the exuberance might be short-lived as a slowdown is likely in the U.S. Regulators are already looking into the explosion of activity.

Accor doesn't want to own real estate, but it does want to throttle ahead with growth in the lifestyle hotel sector — where many of the remaining independent operators own their real estate. A SPAC can help Accor balance this kind of conflict in future acquisitions.

Destinations, start spending your marketing dollars on the ultimate repeat visitor — the remote worker.

Leaving Las Vegas gives Las Vegas Sands more than $6 billion in capital to beef up non-gaming assets in markets like Singapore and Macau and potentially dip its toes in the uncharted gambling waters of Texas.

Not every hotel company is cruising into summer with accelerated springtime bookings like those for Marriott and Hilton. Accor needs greater vaccine access in Europe as well as lockdowns to lift before recovery is possible.

The likes of Alibaba, Grab, and Rakuten have billions of members. If hotels can tap into a just fraction of their users, and convert them to their own loyalty schemes, they'll be mighty happy.

Hotel group Accor has big ambitions in Asia for its co-working brand Wojo. But it probably shouldn't count on the region rolling out the red carpet for remote workers.

The pace of hotel development in the Middle East has fallen for more than a year, but companies aren't shying away from introducing new brands to the region. If it can sustain its winter travel appeal — and that's a big if — expect the development pendulum to swing in a positive direction.

When in doubt, condo it out: Investors sleep a little easier knowing there's a more reliable income stream like high-end housing attached to a hotel project.

Innovating amid budget slashes, natural disasters, plus a pandemic, takes vision. With backyard tourism now on a new pedestal, plus a high vaccination rate, Nashville's tourism execs are beginning to see their efforts bear fruit after having had some of the best tourism numbers in the country pre-pandemic.