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.

jermyn street london short term rental via altido source altido

Short-Term Rentals

DoveVivo Buys Altido to Blend Co-Living With Short-Term Rentals

Skift has long pointed out that the lines are blurring among formerly separate categories in hospitality. The move to hybrid, or blended hospitality, has only sped up lately, as this latest merger highlights.

Sean O'Neill | 3 years ago

Online Travel

Booking Holdings Looks to Pull Away from Airbnb on Profit Margins

As part of its "connected trip" and loyalty strategy, Booking Holdings argued it can convince hotels and other partners to offer up substantial discounts and perks, and this would spur incremental bookings. But do hotels really want to be a cog in building the Booking.com brand?

Dennis Schaal | 3 years ago

Hotels

Daily Podcast: IHG’s Return to Growth

Good morning from Skift. It's Wednesday, February 23, in New York City. Here's what you need to know about the business of travel today.

Jason Clampet | 3 years ago

Coronavirus

IHG Returns to Profitability After Dropping Laggard Hotels

Last year was a rebuilding one for IHG, as the company trimmed off underperforming Holiday Inn and Crowne Plaza hotels from its portfolio.

Cameron Sperance | 3 years ago

Hotels

U.S. Hotel Companies Largely Rebound to Profitability

Marriott, Hilton, Choice Hotels, and Wyndham all swung to profitability last year, per earnings reports this week. Even if Hyatt didn't, the other reports mostly amounted to a strong sign of recovery well under way for hotel companies with a significant presence in the U.S.

Cameron Sperance | 3 years ago

Coronavirus

Why Profits Eluded Hyatt Last Year

Hyatt might have improved performance from a year ago, but having to still report losses while others are touting a return to profits has to sting. Waning Omicron cases in 2022 are pointing to better days. Investors are hoping that's the case.

Cameron Sperance | 3 years ago

avantstay property in high tide charleston nc source avantstay

Short-Term Rentals

AvantStay Creates a $500 Million Fund for Investing in Short-Term Rentals

Nothing underscores how mainstream vacation rentals have become as seeing institutional investors get in on the action.

Sean O'Neill | 3 years ago

Coronavirus

Choice Hotels CEO Lays Out the Plan to Buy More Upscale Hotels

These aren’t going to be transformative deals for Choice Hotels like Starwood was for Marriott, but an upscale, extended stay brand would provides another option for business travelers. Meanwhile, a higher-end, full service brand would just help round out the overall portfolio.

Cameron Sperance | 3 years ago

Coronavirus

Hilton Looks Beyond Omicron to Double Down on China Growth Plans

Global hotel companies like Hilton are quick to say China’s stretched-out lockdown measures aren’t deterring them from developing new projects there. Too much money is riding on these potentially lucrative deals to happen.

Cameron Sperance | 3 years ago

Coronavirus

Wyndham Vaults Back to Full Recovery on Leisure Travel and Essential Workers

Affordable hotels and a focus on resilient, on-the-road business travel segments like infrastructure accounts throttled Wyndham back to pre-pandemic performance levels. Maintaining focus on its strengths sets it apart from direct competitor Choice Hotels.

Cameron Sperance | 3 years ago