Articles tagged “joint ventures”

India’s expanding middle class and spending power is placing it at the center of global travel space. And hotel companies are now focusing on attracting Indians in their own country.

The thing about small lifestyle hotels is that they're supposed to be unique and special. But a new joint venture called Lark Hospitality claims it can help run these properties lucratively for owners by applying some best practices at scale.

For Hyatt, which has been aggressively expanding in this segment, the joint venture will boost its all-inclusive room count by about 30%.

Canada's Air Transat and Porter Airlines see themselves as stronger together under a planned new alliance.

Today's edition of Skift's daily podcast looks closer at Choice Hotels’ acquisitions, China’s travel restrictions, and a new airline partnership between Europe and Asia.

Tripadvisor and Trip.com Group maintain that their strategic partnership is as strong as ever even though the Chinese company just sold 20 percent of the shares it owns in Tripadvisor and is likely to sell a lot more this year. Rhetoric aside, you can't spin away that fact.

Relations are getting testy between American Express GBT and deep-pocketed investors that are backing out of a big deal. Regardless of the outcome of a lawsuit being argued in a Delaware court, Amex GBT should have plenty of money at its disposal to go shopping for strategic investments in business travel later this year.

Marriott could do a lot worse than tying its fortunes in China to the e-commerce juggernaut Alibaba. Rest assured that this won't be the last big partnership for Marriott in the country. These are, after all, early days.

A sense of betrayal, conflict of interest, and constant changes at the global hotel chain all contributed to the breakup of Radisson Hotel Group’s joint venture with Panorama Group to expand Radisson brands in Indonesia. It seems to be a story on how not to do a partnership.