One thousand owner contracts likely attracted interest from other property managers besides Evolve. These contracts fit in with Evolve's business, and not so much for Casago.
Amex GBT is the dominant force in corporate travel, and it can use a massive AI-led tech makeover to fulfill its promise, including finally making meaningful headway with both the small business and unmanaged business travel markets.
Marriott CEO Anthony Capuano says the company is fine-tuning its approach to everything from acquisitions to AI to talent development, with Gulf Cooperation Council countries emerging as a testing ground for its evolving tactics.
IHCL is proving that scale and selectivity can go hand in hand. Its aggressive signing pace and boutique acquisitions show how the hotel chain is adapting to the country’s evolving travel landscape.
So far Starboard Value hasn't publicly called for any leadership changes at Tripadvisor, but the activist investor's views aren't exactly a ringing endorsement.
Whether this acquisition will be a difference-maker for Hostelworld may depend on how well flea markets and arts festivals resonate with its youthful cohort of guests.
Mandarin Oriental is being taken private by its majority shareholder as part of a broader reset. The company is cutting real estate, revamping its brand, and aiming to scale more quickly.
India’s homegrown hotel brands are no longer content to play only on home turf. As travel demand rises and global hospitality markets diversify, they’re stepping onto the world stage.