Articles tagged “ihg”

Billions of dollars in revenue are at stake next year, even once a dire 2020 is out of the way.

In coronavirus-related travel stories this week, Skift looked at the shifting lineup in Google vacation rentals, Airbnb's ambitions, what a prospective merger between IHG and Accor might look like, and how Croatia's tourism experiment is working out.

Another day, another rumor that Accor and IHG will combine forces. But even a successful merger is unlikely to send the hotel industry into a wave of consolidation due to so many other distressed deals expected during the pandemic recovery.

In coronavirus-related travel stories this week, Skift covered Marriott's views on the prospects for a business travel recovery, Barry Diller's IAC taking a minority stake in MGM, how Southwest's reduced schedule would hamper its competitive-growth plans, and Airbnb's stock market prospects.

Covid-19 unearthed hotel vulnerabilities, but Thai asset owners are not retreating. That means more branding opportunities for chains, but how they handle the pandemic will be closely watched.

If you’re looking for signs of the pandemic’s negative impact on the hotel industry, IHG’s ongoing pace of hotel deals and openings isn’t it.

IHG could become the first major victim of a coronavirus-related financial drag on hotels in North America, but its default may be a strategic play on a financial structure unusual for such a global brand.

IHG's commitment to expand the Regent brand to as many as 50 properties globally signals that the ultra-luxury sector, despite a catastrophic loss of business during the pandemic, is still seen as a durable place to invest.

The EU's ban on American travelers is another revenue hit for European hoteliers, but also an opportunity to build up a domestic travel base.

Nothing like a world-shattering crisis to force companies to look into the mirror and contemplate a makeover. Will consumer travel preferences change forever because of coronavirus? Forever is a very long time.