Articles tagged “apple leisure group”

Hyatt's forecast for 2023 in one phrase? World boom ahead.

When Hyatt adds hotels to new destinations, it can cross-sell the newfound guests on its recently acquired all-inclusive resorts through marketing messages. So the company is seeking more hotels to speed up this virtuous cycle.

In Skift's top stories this week, the Philippines reopens to fully vaccinated foreign visitors, Hyatt unveils its plans for the Apple Leisure Group, and airline executives express optimism about business travel making a full recovery.

Hyatt’s focus on European growth instead of Asia looks like a smart call in light of the erratic recovery in China, where many of Hyatt’s competitors have focused their development pipelines.

The biggest hotel companies in the world are knocking on the doors of cool, independent brands for takeover talks. Not everyone is answering.

The value of announced acquisitions this year is already three times that for the deals in all of 2020. We pulled together the top hotel acquisitions for 2021 for you by dollar amount, some deals strategic, some less so. The pace is brisk but the impact from the Delta variant could very well reverse the momentum heading into fall.

Many travel agents will have the benefit of selling a wider variety of packages from one distribution channel because of this deal, but will this industry giant really want to give travel agents, and their clients, the best rates if agents don't have anywhere else to turn? Time will tell.

This transaction makes one of the largest private players in leisure travel, Apple Leisure Group, even bigger and sweetens the potential reward for the almost inevitable private equity sale of its assets.

The CEO of Apple Leisure Group isn't concerned about the prospect of virtual reality or other technology taking the place of actual vacations. But he is worried about the impact of policy that throws up roadblocks to traveling — a much more immediate concern.

All-inclusive vacations aren't necessarily just for low-end consumers seeking high convenience. The luxury corner of the all-inclusive market has staying power.