Articles tagged “hotel deals”

While economic storm clouds gather, public hotel companies said in earnings calls that their deal and development work remains largely strong — and intact.

Most large lodging companies avoid owning real estate. This groupthink is dumb. One of the smartest strategic thinkers in hospitality, Inès Blal, is right to call for a more critical appraisal of the asset-light model.

A mobile tipping solution is a trend we welcome. Who carries small amounts of cash anymore? Plus, news in hotel deals and development worldwide.

Few people have the pulse of U.S. hotel dealmaking as does Kevin Davis of the advisory service JLL. So it's striking that he sees growing investor interest in hotels with limited amenities and staff.

American tourists aren't the only ones taking advantage of the strong U.S. dollar with shopping trips to Europe. Wyndham has now done a tuck-in acquisition that deepens its franchise portfolio in Central Europe. Another overseas deal within the year is more likely than not.

Radisson Hotel Group is nearly unrecognizable from the company it was five years ago, thanks to a strategy shift and metabolism boost. Now, turnaround artist and CEO Federico González aims to double the company's footprint by 2025.

Applause is due to Wyndham. The world's largest hotel franchisor is finding practical ways to reduce the friction that discourages many Black entrepreneurs from becoming hoteliers.

It's so rare to see something new in online travel. Expedia's Add-On Advantage appears to be a new wrinkle, and HotelTonight's Today's Daily Drop is a flash sale variation that disappears within 15 minutes. Both gives hoteliers new ways to target travelers, who may find some good deals in the process.

Priceline Hotels Pro may become the next version of, or a twist on, Express Deals. Priceline shows the price up-front and identifies the handful of the hotels in the mix to give travelers additional confidence in where they might stay. But, there is enough wiggle room for the hotels to participate behind a Pro app without diminishing their brands.

Hotel booking and trip planning websites are finding a new revenue outlet in offering their APIs to startups, but in some cases the move to take their software from consumer facing to B2B marks a lack of pickup among customers.