Skift Pro Columns

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Travel Technology

The Fragmented Travel Tech Industry Probably Won’t Consolidate Anytime Soon

The trick for a travel tech platform to do business with a big company is to start small, prove the service works, and then upsell.

The Fragmented Travel Tech Industry Probably Won’t Consolidate Anytime Soon

Hotels

Flynn Properties’ $1.1 Billion Hotel Play Signals Ambition in Franchising

A recent acquisition of 89 hotels will almost certainly go down as the largest U.S. hotel transaction in the second half of the year. Notably, the dealmaker Flynn Properties remains in a shopping mood.

Flynn Properties’ $1.1 Billion Hotel Play Signals Ambition in Franchising

Travel Technology

Economic Uncertainties Won’t Drive More Travel Tech Mergers & Acquisitions

For the best exit strategy, hold on for a couple of years until the market stabilizes. For the deal, buy now.

Economic Uncertainties Won’t Drive More Travel Tech Mergers & Acquisitions

Hotels

European Hotel Leaders Expect More Distressed Sales

What's ahead for hotel investment in Europe? A survey of more than 100 hotel leaders points to both risks and a window for opportunistic acquisitions.

European Hotel Leaders Expect More Distressed Sales

Business Travel

Blueground Sees Short-Term Rental Boost From Those Fleeing Political Turmoil

The proptech startup says its latest Miami opening highlights demand for shorter stay accommodation from those traveling for political reasons, not just contract workers and digital nomads.

Blueground Sees Short-Term Rental Boost From Those Fleeing Political Turmoil

Travel Technology

Travel Tech Investment Is on Unstable Ground: Here’s What Industry Pros Say

Sometimes raising investment is hard, and sometimes it's harder. But that's no reason not to move forward — a product that's strong and needed will still sell.

Travel Tech Investment Is on Unstable Ground: Here’s What Industry Pros Say

Travel Technology

Are Travel Tech Companies Safe From Layoffs? These Execs Are Optimistic — For Now

While Big Tech is laying off thousands, the travel tech companies interviewed for this column are hiring dozens of people. That's good for now, but we will see how hard the global economy gets hit next year. If too hard, some cutbacks may be inevitable.

Are Travel Tech Companies Safe From Layoffs? These Execs Are Optimistic — For Now

Hotels

Hotel Operators Face Thorny Choices for 2023 Budgeting

A top hotel asset manager sees too many hoteliers trying to restaff to 2019 levels and too many failing to upsell guests effectively. Heed her words.

Hotel Operators Face Thorny Choices for 2023 Budgeting

Travel Technology

The Case for Virtual Experiences Thriving Even as In-Person Travel Returns

Amazon divested from its virtual experiences venture, but that doesn't necessarily mean the small players should do the same.

The Case for Virtual Experiences Thriving Even as In-Person Travel Returns

Hotels

The Bottom Line on Hotel Bottom Lines So Far

Overall, analysts at investment banks like what they're hearing from public hotel companies about their financial performance in the near term. But some are revising downward their forecasts for growth in 2024, given worries about the impact of economic storms.

The Bottom Line on Hotel Bottom Lines So Far