Articles tagged “marriott”

Hospitality

Marriott CEO Juggles Growth Ambitions With Plan to Go Net-Zero by 2050

Anthony Capuano revealed an an ambitious sustainability plan at Skift Global Forum on Wednesday, which puts a lot of the onus on franchise owners and partners.

Cameron Sperance and Matthew Parsons, Skift | 2 days ago

Hotels

U.S. Hotel Performance Slips While China Roars Back to Life

The U.S. and China are riding a hotel performance see-saw where one goes up as the other comes down. But travel analysts and executives are downplaying the notion the Delta variant is going to lead to a travel doomsday scenario over the fall and winter.

Cameron Sperance | 7 days ago

Coronavirus

Marriott’s Post-Pandemic Growth Story Is Outside the U.S.

A cooled-off construction market for hotels in the U.S. gives owners an opportunity to charge even higher rates during the recovery thanks to less supply in the market. But Marriott needs to show shareholders signs of growth. Hello, Asia and Europe.

Cameron Sperance, Skift | 1 week ago

Business Travel

Europe’s Hotels Will Wait Until at Least 2025 for Full Return of International Business Guests

Be wary of everybody’s favorite word at the moment: pent-up demand. Your typical leisure traveler can book a trip and pack their bag in minutes, but companies will keep employees on a tight leash for years to come.

Matthew Parsons, Skift | 2 weeks ago

Coronavirus

Trump’s D.C. Hotel Still Has Inflated Price Even After $100 Million Price Chop

No, the Trump International Hotel in Washington isn’t worth $400 million. But there are a lot of investors waiting on the sidelines to park capital in just about any available asset — a classic example of the laws of supply and demand.

Cameron Sperance, Skift | 2 weeks ago

Coronavirus

Marriott CEO Sees Hotels Bouncing Back Quickly After Delta Variant Slump

It is hard to be optimistic about fall hotel performance for companies like Marriott and Hilton — unless the absence of business travel is somehow offset by higher-than-expected leisure travel.

Cameron Sperance, Skift | 2 weeks ago

Business Travel

Hotels Are Deciding Whether Selling Co-Working Space Instead of Beds Is Worth It

Hoteliers will need to crack new metrics like desk occupancy, pricing plans and even social media credibility to help any co-working venture succeed.

Matthew Parsons, Skift | 3 weeks ago

Coronavirus

Independent Hotel Brands: Standalone Success or Prime Targets for Takeover?

The biggest hotel companies in the world are knocking on the doors of cool, independent brands for takeover talks. Not everyone is answering.

Cameron Sperance, Skift | 4 weeks ago

Coronavirus

Major Chinese Hotel Company Dampens Recovery Outlook for Remainder of Year

Finally, a hotel leadership team is honest and admits the Delta variant is a real threat on the hotel industry’s recovery. Huazhu's candor is something the C-suites at Marriott, Hilton, and Hyatt should replicate.

Cameron Sperance, Skift | 4 weeks ago

Coronavirus

IHG’s Latest Hotel Brand Puts It Neck-and-Neck With Marriott for Luxury

All the major hotel companies see upside in pushing into the high-end sector. IHG zeroing in on independent luxury hotels is a smart strategy to rack up rooms growth against the competition beyond the tough-to-crack luxury markets in the U.S. and China.

Cameron Sperance, Skift | 1 month ago