Certares Closes $284 Million Fund for Hospitality Real Estate
Certares, a private equity firm that invests in travel, said on Wednesday it had closed its first real estate hospitality fund, with $284 million of equity commitments.
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.
Hilton Hotels Sees No Slowdown in Travel Surge
Slowdown? What slowdown? Hilton sees the boom rolling on. In other news, the company said it would add a hotel brand in the "luxury lifestyle" segment in the next year or so.
Sonder Proposes Reverse Stock Split to Stay Listed on Nasdaq
A reverse stock split would give Sonder some breathing room, and who knows, it may even tempt institutional investors to take a look.
Hilton Launched a Mega Ad Blitz a Year Ago. Did it Work?
Hilton undertook a partial rebrand last year. Early data suggests that the massive ad blitz, which contrasted hotels with alternative accommodations, is paying off.
Wyndham Signs 60 New Extended Stay Hotels in North America
Wyndham Hotels & Resorts said on Tuesday it had signed 60 more hotels for its Echo Suites Extended Stay by Wyndham brand in the U.S. and Canada.
This Boutique Hotel Isn’t Your Parent’s Beach Getaway
Millennial and Gen Z designers just opened a boutique in California that may overturn assumptions about beachside hotels. Plus, its web-based app hints at what next-gen guests expect in service.
Sonder Launches Its First Hotel Collection
Is Sonder a short-term rental operator of multi-unit apartments or a hotelier? Well, it's both, and the new collection is geared to help guests discover the difference.
Accor’s Ennismore Reveals No-points, Paid Membership Called ‘Dis-loyalty’
Turning conventional on its head appears to be the blueprint for Ennismore's approach to hospitality, with its new loyalty program focused on lifestyle design and spreading revenue beyond its hotel rooms.
Hotels Are Set to Report Earnings. Here’s What Analysts Expect.
Analysts at investment banks expect to hear broadly upbeat news from public hotel companies in the next few weeks, even though company revenues haven't returned to 2019 levels.
Accor in Talks for Takeover of Events Organizer Potel & Chabot
This minor move will make Accor the single shareholder in an events specialist it had jointly owned. Several of Accor's recent moves feel like watching a homeowner fix up a house to make it easier to sell at a future date.