Colorado Hears Arguments on Tax Hikes For Short-Term Rentals
The outcome of the Colorado bill will have a big impact on taxes owners ultimately pay.
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.
Paul Singer’s Elliott Management Bets on Hotels as Part of $372 Million Deal
An investment vehicle backed by Elliott Management has invested in hotels, following similar moves by other big-money firms. Fun fact: The $370 million deal coincides with the acquisition of U2's The Clarence Hotel.
IHG’s App Can Book Rooms By Floor Height, View, and More – How It Works
Mapping each room in thousands of hotels is a huge project, but more undertakings like that are needed to bring the hotel industry into the 21st century.
Four Seasons: Inside the Luxury Hotelier’s Strategic Evolution
Four Seasons has been re-evaluating brand strength, how staff caters to guests, and distribution strategy.
Accor Now Expects Its 2023 Hotel Performance to Exceed Forecasts
Accor is having a happy, "Emily in Paris" kind of year. High-spending Americans thronged Europe this summer, helping the hotel giant beat expectations for revenue and profit.
Wyndham Strongly Rejects Choice Hotels’ Hostile Bid But Leaves Door Open
Wyndham execs and board members more forcefully rejected Choice Hotels' current terms for a merger on Thursday. But they explicitly left the door open to a more generous offer from a market player.
Scandic Hotels ‘Stronger Than Ever’ With $50m Profit in Third Quarter
Scandic Hotels Group has posted its third-quarter results today, with a $49.9 million net profit (559 Swedish krona) and a level of indebtedness that continues to shrink.
Hilton’s U.S. Growth Returns to Normal, International Surges
As the U.S. sees a return to pre-pandemic patterns of hotel demand, Asia Pacific appears to be roaring back.
Beyoncé Tour Brings a Hotel Renaissance With Boosted Bookings
"You won’t break my soul," Beyoncé sings. But her concert series might break some hotel booking records.
Airbnb Says South African Host Revenue Is 25% Above Pre-Pandemic Levels
Airbnb hosts in South Africa have surpassed their pre-pandemic revenue levels, and the online travel agency sees several reasons why growth should rise significantly in the next couple of years.