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Cameron Sperance , Skift
Until lenders can wade through the $2 trillion U.S. stimulus package and determine valuations, hotel deals will remain on ice. Expect smaller banks to issue the first round of hotel loans on the upswing.
3 days ago
Dennis Schaal, Skift
Airbnb will likely have no trouble raising money, assuming the valuation and terms are palatable to investors, but it's dubious that they will chip in a few hundred million dollars each based on the supposedly inherent advantages of Airbnb's product.
5 days ago
Dennis Schaal, Skift
Will hotel direct-booking campaigns be in play after the coronavirus crisis? That's a side issue that online travel agencies and hotels would love to have to deal with at some point. In the interim, they are facing more existential questions.
6 days ago
Dennis Schaal, Skift
It's fairly certain that many Marriott International-affiliated properties will never reopen. CEO Arne Sorenson is showing leadership in being candid about the tough measures the hotel chain has to take to emerge with a business worth running when coronavirus hopefully fades.
1 week ago
Dennis Schaal, Skift
Major hotel chains are undertaking financial moves to get past the coronavirus crisis. But without governmental relief, it likely won't be enough.
2 weeks ago
Patrick Whyte, Skift
Of the big global hotel chains, IHG is so far leading the way in terms of a customer-centric cancellation policy. Its rivals should take note.
2 weeks ago
Patrick Whyte, Skift
Travel companies are having to adapt not just to a new world for their customers, but for their staff too. This might be a temporary change, but when things return to normal, will our working habits revert as well?
3 weeks ago
Seth Borko and Dennis Schaal, Skift
Numerous travel companies, private and public, have seen their valuations taken down a peg by coronavirus. But Oyo's China business, where it fields about 60 percent of its rooms, and its ongoing operational problems in other regions exacerbate its likely valuation decline.
4 weeks ago
Andrew Sheivachman, Skift
Marriott was already having trouble in Asia-Pacific in 2019 before the coronavirus impact hit. The company isn't forecasting a major impact outside of Asia, and it's already reopening hotels inside China. It pays to collect fees — and not actually own or run hotels — during a crisis like this.
1 month ago
Nancy Trejos, Skift
The hotel industry is expected to have a slowdown in profits this year, yet companies keep starting new brands and expanding existing ones. Where is this optimism coming from?
2 months ago
Rosie Spinks, Skift
Human trafficking touches every corner of the travel industry — especially hotels. And while the accommodations sector didn't create the problem, it does have an elevated responsibility to put an end to it. The question is: How effective have the industry's efforts been so far?
2 months ago
Patrick Whyte, Skift
Those headline fines were pretty jaw-dropping, but it seems more than likely that they will be massively reduced whenever they are finally rubber-stamped.
3 months ago
