Articles tagged “hyatt”

News Blog

Hyatt Hotels to Debut Atona Brand in Japan That Distills and Updates Ryokan Concept

For centuries, Japan has offered ryokans, which are minimalist guest houses typically located near onsen, or natural hot springs used for bathing. Hyatt Hotels said Wednesday that it planned to launch a new brand, Atona, that will distill the elements of traditional ryokans while adding some modern comforts. Hyatt has entered a fifty-fifty joint venture…

Hotels

Hotels Stick to Upbeat Forecasts Even With Concerns Over Cooling Demand

They say smart people can hold two opposing ideas in their minds and still function. So hotel executives must be geniuses, as they watch bookings stay strong while economic worries rise.

Hotels Stick to Upbeat Forecasts Even With Concerns Over Cooling Demand

Hotels

U.S. Hotels Enjoyed Record-High Room Rates in July

Hotel room rates in the U.S. have never been so high. Plus, India and Australia forecast booming growth and other news in hotel deals and development.

U.S. Hotels Enjoyed Record-High Room Rates in July

Hotels

Hotel Brands Have a (Good) Challenge With Cash

Today’s edition of Skift’s daily podcast looks at what hotel brands are doing with record amounts of cash, the investors in Kenyan luxury rentals, and remote work management blues.

Hotel Brands Have a (Good) Challenge With Cash

Hotels

Hotel Groups Deploy Swelling Cash Piles With Varied Playbooks

The big hotel groups sit on a $7 billion cash pile. How they use it, whether it's to acquire properties, improve their offerings, or buy back stocks, will shape their futures.

Hotel Groups Deploy Swelling Cash Piles With Varied Playbooks

Airlines

JetBlue-Spirit’s Next Battle and Other Top Stories This Week

In Skift's top stories this week, JetBlue prepares for a fight in its bid to acquire Spirit, Graduate Hotels targets college football fans, and destinations see significant benefits in attracting digital nomads.

JetBlue-Spirit’s Next Battle and Other Top Stories This Week

Hotels

Hyatt to Use More Automation When Setting Hotel Room Rates

Hyatt's move to change its revenue management software foreshadows a broader trend. Expect more hotel companies to embrace automation while looking at a bigger picture than just the supply and demand of rooms.

Hyatt to Use More Automation When Setting Hotel Room Rates

Hotels

Hyatt’s Leisure Travelers Are Fueling Its Revenue

Today’s edition of Skift’s daily podcast looks at Hyatt’s strong second quarter earnings, Thailand’s gamble on gaming, and the attraction of digital nomads.

Hyatt’s Leisure Travelers Are Fueling Its Revenue

Hotels

Hyatt’s Business Travel Comeback Overshadowed by Record Leisure Demand

Hyatt, best known for appealing to business travelers, is relying lately on vacationers who accounted for half its business in the most recent quarter. Yet July data points to group business and banqueting tracking toward a comeback that's faster than some expected.

Hyatt’s Business Travel Comeback Overshadowed by Record Leisure Demand

Hotels

The Highest Paid Hotel CEOs

Take a look at last year's hotel CEO compensation tables. The top bosses did well, and why not? Navigating the pandemic was tricky. Yet there was a wide disparity in the pay between most CEOs and workers. That's harder to defend.

The Highest Paid Hotel CEOs