Hyatt Pushes Into Mid-Market Hotels While Doubling Down on Luxury
Hyatt is diversifying beyond luxury and premium. Appealing to multiple types of customer needs could provide a buffer against potential economic slowdowns long-term.
Future of Lodging
As the lines continue to blur between hotels and short-term rentals, Skift is focused on the technology and the consumer behaviors that are driving this. Follow our coverage across the wide world of lodging, from traditional hotels and motels to urban short-term rentals and traditional vacation rentals.
Wyndham Gains From Infrastructure Boom With Record Pipeline
The hotel industry is having its own AI moment, helping to house all the construction workers building the needed data centers.
Marriott’s Latest Report: 9 Things We Learned
In good news for Marriott, travelers who've been flooding its hotels since the pandemic have been willing to pay prices that reflect a higher cost of doing business.
Hyatt Buys Playa for $2.6 Billion in Bet on All-Inclusive Resorts
The acquisition positions Hyatt to capitalize on the growing demand for luxury all-inclusive experiences, while adding significant scale to its resort portfolio in key leisure destinations where development opportunities are limited.
IHG CEO Targets Indie Hotels in Tech-Driven Expansion — Exclusive Interview
IHG CEO Elie Maalouf sees rich potential in many fragmented hotel markets, such as Europe and Japan, where independent hoteliers face mounting pressures from digital transformation.
We Now Know What Hilton Paid for NoMad Hotels: Just $56 Million
Hilton has revealed it paid $56 million to acquire a controlling stake in NoMad Hotels, a smaller sum than recent comparable acquisitions in the luxury hotel sector. Now it plans to scale the brand to 30 to 50 hotels.
Hilton CEO: Post-Election Bump for Business Travel and China Rebound
Hilton's loyalty program has 211 million members now. That's a lot of people who might be sad if a future AI tool books them into a Marriott instead. So executives are investing in AI to keep as much control over hotel booking patterns as possible.
Marriott CEO: We Want ‘100% of Your Travel Wallet’
Marriott boss Anthony Capuano outlined his vision to transform the company from a traditional hotel group into an all-encompassing travel enterprise. This change will demand the company be fast and nimble, such as by streamlining decision-making.
Rising Rates and Tight Credit May Hold Back Hotel Dealmaking
Times are good for deals overall, but some hotel markets will struggle.
Strawberry Bets Big on Two New Hotel Brands in Nordic Market Shake-Up
Strawberry's two new brands are a mirror of modern Nordic society: sustainability-minded, design-conscious, and determined to address a loneliness crisis by encouraging guests to socialize.