A Very Good Earnings Season for Hotel Companies

25.08.2023 - 14:13 / skift.com / Jason Clampet

It was a big week for hotel and short-term rental earnings, with a few record quarters from Marriott, Hyatt, Airbnb, Choice, and Wyndham. Overall, the outlook for 2023 is better now than the already positive forecasts from late last year.

Which is a good segue into mentioning our London event in late March. Skift Future of Lodging Forum takes place on March 29 at the Londoner Hotel (with a kick-off event the night before at a really great venue we’ll tell you about this week). This week we added leaders from Marriott, Starwood Capital, and Booking.com.

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Bumpy roads are inevitable, as is discerning the hype from genuine application, but travel companies should be considering their role in a world powered by generative AI and how to get there. If they haven’t started, they are already behind.

Tripadvisor Reorganizes Operations Management to Address Its Lagging Core Business

Tripadvisor sees its future as providing differentiated trip-planning, in-destination tools and personalized recommendations for travelers. That isn’t wholly different from that of its prior regime, and would be tough to achieve.

Expedia’s 3 Core Brands, Explained

Expedia Group’s brand strategy makes sense to the extent that these three core brands don’t detract from the company’s global ambitions.

Tourism Unprepared to Accommodate Growing Segment of Older Travelers

The tourism industry still treats amenities catering to seniors as another customer preference, not as a necessity. A lot of tourism businesses likely won’t get serious until they see and hear about their failures to serve this lucrative demographic shift.

Virtuoso’s Travel Agents Say Luxury Bubble Presents New Booking Challenges

Affluent travelers, prepared to spend as much as $48,000 per person this year on travel, are ironically driving a competitive price surge unlikely to come down in the year ahead.

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Evoking emotion and stimulating the