Preferred’s real advantage may not be flexibility or cost. It’s relationships. Whether that scales in an increasingly transactional market is the bigger question.
Even after the doubling of hotel supply by 2030, Northeast India will still remain underserved, as this will be less than 3% of India’s total branded hotel supply.
IHCL is proving that scale and selectivity can go hand in hand. Its aggressive signing pace and boutique acquisitions show how the hotel chain is adapting to the country’s evolving travel landscape.
Indians are redefining what leisure travel means to them. They're not ditching their families, but they're also attuned to their needs for time alone to relax.
Wyndham is monetizing the very concept of being a repeat hotel guest, while providing discounts on bookings with other travel suppliers. Expect the industry to watch this move closely.
Mandarin Oriental is being taken private by its majority shareholder as part of a broader reset. The company is cutting real estate, revamping its brand, and aiming to scale more quickly.
The global car rental sector is a resilient $92 billion market, driven by leisure travel, with the Americas being the largest market. The sector is rapidly digitizing with 74% of bookings online, with direct bookings driving as much traction as intermediaries.
Years ago, Oyo made hotels more affordable for younger travelers. Now with an IPO expected soon, Prism is not holding back as it looks to make the most of the rising demand for premium accommodations.