The global hotel groups talk like they're going to inherit the earth. So how can a small brand like Omni thrive? In his first major interview as its new president, Kurt Alexander outlines his plan.
This likely won't be the last lawsuit against online travel companies related to allegedly deceptive fees because Booking Holdings is not the lone party handling fees in this way.
Omni Hotels & Resorts said it continues its dynamic growth and evolution, unveiling a new identity. Over the next five years, Omni will focus on its vision of creating unique places and spaces with plans to invest in existing properties and new products.
The Omni brand may have a stodgy reputation in some quarters. But the U.S. owner-operator is an interesting contrarian in how it's asset-heavy and unafraid of building ballrooms.
Omni's strategy for convention hotels is stuffing the ground floor with local restaurants and bars, offering a revenue lift in tough times. But it also costs a lot of money to develop. If you build it, it better be cool enough to motivate local residents to show up.
Major American hotel companies like Marriott and Hilton might keep some international competitors from elbowing into the U.S., but Dutch brand CitizenM’s North American expansion shows there is a hunger for lesser-known players on the hotel scene.
The timeshare sector is underway with overdue change. Chasing changing traveler tastes, millennials, and eventually Gen Z buyers means pushing into cities and offering more flexibility.