The hotel heavyweight expects its all-important group business to fully recover within a year. If Hilton decides to book one of its ballrooms to celebrate, it'll find rates higher than in 2019.
While the travel industry was on its knees, travel loyalty programs continued to grow. But the pandemic has changed the travel industry, and loyalty programs need to follow suit.
Blackstone wants to capitalize on the upside of a travel recovery in hotels, and its investment in Groups360 is a small step. The upshot is it helps Groups360 triple the number of hotels it works with.
In Skift's top stories this week, money from Airbnb bookings meant to support Ukraine is often going to hosts outside of the country, several hotel giants freeze development plans in Russia, and United Airlines is worried about the prospect of higher oil prices.
This North Carolina boutique property is bringing in retail partnerships to help it stand out from the crowd as more hotels start competing for the return of incentive and retreat bookings.
Although several hotel executives don't view the war in Ukraine as a drag on European hotel performance at the moment, their tune could change if the conflict continues to makes travel to Europe more difficult.
Western hotel companies are still operating in Russia, but this is a notable step for an industry that has been a holdout amid all the companies ditching their presence in the country following its invasion of Ukraine.
The pace of hotel development in the Middle East is picking up after a two-year dry spell. The key to making these hotels a success is showing this region is still a place to visit when the rest of the world is back to open borders and on a level tourism playing field.