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Tourism
Good morning from Skift. It's Monday, April 22, in New York City. Here's what you need to know about the business of travel today.
Rashaad Jorden | 3 weeks ago
Hotels
Expect other big hotel companies to add more economy extended-stay brands. They'll wager that a business model that reduces labor costs will have staying power for the long-term.
Sean O'Neill | 2 months ago
Coronavirus
Holiday Inn Express is still the bread and butter at IHG, but newer brands like Avid and Voco are vaulting up the charts to account more for future expansion at the company.
Cameron Sperance | 3 months ago
Some green shoots of recovery, as well as a reminder that many destinations will be subject to new booking trends and patterns as they reopen.
Chayut Setboonsarng, Reuters | 6 months ago
Construction cranes for hotels haven’t been called off to the level as some hotel industry analysts would have you believe. It can take years to build a new hotel, and those breaking ground now will open just in time for the pandemic to be in the rearview mirror.
Cameron Sperance, Skift | 10 months ago
For those hotel owners who managed to survive the pandemic by their wits or the U.S. paycheck protection program and need cash infusions, the investors are coming. The investors are coming.
Dennis Schaal, Skift | 11 months ago
All things being equal, there were a lot of travel industry stalwarts hoping that the world's largest hotel chain, Marriott International, would tap a woman as CEO in a signature statement at this juncture in history.
Dennis Schaal, Skift | 1 year ago
Business Travel
After Trump's departure from the White House, expect the political polarizations and divisiveness to seep back into the former president's marquee business and future deals. How bad will it be for the bottom line?
Cameron Sperance and Matthew Parsons, Skift | 1 year ago
Optimism surrounding continued federal economic relief and vaccine distribution may dissuade hotel owners from selling troubled assets to investors poised to pounce.
Cameron Sperance, Skift | 1 year ago
Pablo Escobar supposedly once said, “Everyone has a price. The important thing is to find out what it is.” For real estate owner Thor Equities, the price reportedly is $17.5 million for the drug lord's former beachfront property in Mexico. The new owner wants to build a 40-room hotel.
Patrick Clark, Bloomberg | 2 years ago
