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Articles tagged “sgf hotels”

Hotels

Hotel Giants Turn to Loyalty Licensing Deals: 10 Things to Know

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.

Sean O'Neill | 2 months ago

Hotel Giants Turn to Loyalty Licensing Deals: 10 Things to Know

Hotels

Marriott Signs Loyalty Tie-Up With Sonder Similar to MGM Resorts Deal

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.

Sean O'Neill | 2 months ago

Marriott Signs Loyalty Tie-Up With Sonder Similar to MGM Resorts Deal

Hotels

EasyHotel Chain Says It’s Exploring a Sale

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.

Sean O'Neill | 2 months ago

EasyHotel Chain Says It’s Exploring a Sale

Business Travel

Hotel Manager Highgate Shifts Strategy Amid Uneven Business Travel Recovery

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.

Sean O'Neill | 2 months ago

Hotel Manager Highgate Shifts Strategy Amid Uneven Business Travel Recovery

Hotels

Choice Hotels: ‘Normalization’ in U.S., Maintains Profit Forecast

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.

Sean O'Neill | 2 months ago

Choice Hotels: ‘Normalization’ in U.S., Maintains Profit Forecast

Hotels

Hilton: U.S. Leisure Travel ‘Definitely Softening’ – High-End Still Have ‘Fat Bank Accounts’

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.

Sean O'Neill | 2 months ago

Hilton: U.S. Leisure Travel ‘Definitely Softening’ – High-End Still Have ‘Fat Bank Accounts’

Hotels

Hyatt Rides Business Travel Wave but Trims Hotel Outlook

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.

Sean O'Neill | 2 months ago

Hyatt Rides Business Travel Wave but Trims Hotel Outlook

Hotels

IHG CEO Defies Slowdown Fears, Sees No Hotel Weakness Outside China

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.

Sean O'Neill | 2 months ago

IHG CEO Defies Slowdown Fears, Sees No Hotel Weakness Outside China

Hotels

MGM Resorts: Strength in Marriott Deal, Softness with Formula 1 in Vegas

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.

Sean O'Neill | 2 months ago

MGM Resorts: Strength in Marriott Deal, Softness with Formula 1 in Vegas

Hotels

Marriott’s Hotel Momentum Faces Drag From Slowdown in China and U.S. Election

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.

Sean O'Neill | 2 months ago

Marriott’s Hotel Momentum Faces Drag From Slowdown in China and U.S. Election