Japan is set to become the latest country to offer a digital nomad visa to travelers, allowing foreigners to travel the country and work at the same time in an effort to expand tourism.
22.01.2024 - 16:27 / skift.com / Sean Oneill / Kevin Jacobs / Hilton Hotels
Hilton said on Monday it had launched a program to match aspiring hotel owners with capital.
The program, called “Unlocking Doors,” intends to help small entrepreneurs overcome a major barrier to entering the hotel management or franchise business. Many local banks are reluctant to give first-time hotel operators loans — or at least loans on affordable terms.
To help overcome that obstacle, Hilton has teamed up with Bridge, a small business lending program run by the startup Foro. Bridge connects small- and medium-sized businesses with about 75 U.S. lenders for business loans, including names from Citigroup’s lender portfolio.
Hilton’s program will also offer educational workshops and networking events to help new and aspiring entrepreneurs become hoteliers.
The hotel giant’s move comes in the wake of other industry efforts. In 2022, Wyndham launched Bold [Black Owners and Lodging Developers], a program that mixes outreach and educational efforts with a team that aims to uncover financing opportunities and makes introductions to lenders.
Last year Choice Hotels began offering HERtels by Choice development seminars, connecting women hotel owners with industry veterans and Choice executives for mentorship.
“The hospitality industry is a powerful engine of opportunity for entrepreneurs who dream of owning and growing their own businesses, as well as creating jobs in their communities,” said Kevin Jacobs, Hilton’s chief financial officer and president of global development.
Japan is set to become the latest country to offer a digital nomad visa to travelers, allowing foreigners to travel the country and work at the same time in an effort to expand tourism.
Indian Hotels Company (IHCL) looks to open an average of 2 hotels per month or even more in fiscal year 2024-2025, Puneet Chhatwal, managing director and CEO of IHCL, announced during an earnings call on Friday.
GetYourGuide has been rolling out its largest brand advertising campaign in the online travel agency’s history, with plans to run national TV ads during the March Madness basketball tournament and the Academy Awards.
American Airlines is getting ready to stamp its passport by adding new international flights to Australia, Mexico, and beyond.
This May, low-cost airline Avelo will begin flying between its Southern Connecticut hub, New Haven Airport, and four new cities: Atlanta, Concord-Charlotte, Knoxville, and Destin.
Hilton executives said Wednesday that acquisitions are possible – a shift from the past 16 years when it has focused on creating new brands rather than buying up existing ones.
Philadelphia is getting major love from Frontier Airlines with a dozen new summer routes — and a sale to celebrate.
“I never thought I'd be an executive chef of a hotel in my wildest dreams—let alone a luxury hotel, let alone in the countryside of Connecticut,” reveals José Ramírez-Ruiz. But here we are, plonked down in club leather chairs at Mayflower Inn & Spa’s mahogany-paneled library, warmed by a crackling fire on a frosty December night.
Marriott and Hilton joined all the major hotel groups this week in providing updates on their hotel development pipelines as they gathered at the Americas Lodging Investment Summit (ALIS) in Los Angeles.
Frontier Airlines announced the expansion of new routes to 38 different airports across the country, on Tuesday, including destinations like New York, Chicago, Tampa, Dallas, Los Angeles, and more. In celebration of the new routes, Frontier is offering a “Mega Sale” with one-way tickets starting at just $19 until Jan. 25. Frontier specifies the discount only applies to nonstop travel on Monday through Thursday, and Saturday through June 5, 2024. The airline has full terms and blackout dateson their website. In addition to the $19 promotional fares, Frontier also says they are also offering a bonus on Frontier Miles, where travelers can earn 5 times the miles through Jan. 30, 2024.
Frontier Airlines announced a slew of new routes this week that will see the ultra-low-cost carrier expand its footprint at more than three dozen airports – dramatically scaling up its presence at a handful of those.
Expedia CEO Peter Kern pled his case to hotel owners Monday: Take seriously the billion-dollar issue of wholesale rates being misused online.