Articles tagged “sgf hotels”

Major hotel groups are playing Pokémon with their loyalty programs. Instead of collecting rare game cards, they're adding new sets of travelers to their databases. Gotta catch 'em all.

Sonder has recently struggled, having not been profitable since going public in a blank check deal in 2022. The heft of Marriott's distribution system will boost the company. Marriott will gain access to Sonder's units, many of which are roomy apartment-style lodging and in neighborhoods where it's hard to build hotels.

A news report put the potential valuation at roughly $500 million, but that would mark a big jump from the value before the pandemic of just $170 million.

The U.S. business travel recovery has been uneven. New York City? Thriving. San Francisco? Not so much. But the hotel manager giant Highgate sees signs for optimism.

Choice Hotels recently saw its U.S hotels continue to perform roughly 10% above 2019 levels in revenue per available room. Its executives believe that trend may roll on next year.

While Hilton's outlook remains broadly positive, the moderating growth trajectory bears watching. Next year hotel operators may need to work harder to drive growth. Luxury and lifestyle brands could be key differentiators.

Hyatt claimed success in capitalizing on a business travel recovery. But as it considers acquisitions and development deals, it must balance ambition with potential economic headwinds.

In a Skift interview, IHG CEO Elie Maalouf said he's seen no pullbacks in travel demand outside of China. He touted the company's geographic diversification and how the hotel group is doubling down on tech upgrades this year.

America's casino resort giant posts record revenues, buoyed by a recent loyalty alliance with Marriott. But Las Vegas's Formula 1 fever appears to be cooling, casting a shadow over the fourth quarter.

Despite strong performance elsewhere, weakness in Greater China — Marriott's second-largest market outside the U.S. — has led to a slight downward revision in the company's full-year RevPAR growth forecast.