IHG Adds Iberostar Brand in Licensing Deal That Expands Its Beach Presence

Holiday Inn and Holiday Inn Express brands, together making up nearly 70% of InterContinental Hotels Group (IHG)’s portfolio in India, are going to remain the “driver of growth” in the market, said the company’s South West Asia Managing Director, Sudeep Jain.

With gloriously sunny days and balmy nights well into the fall, Myrtle Beach, South Carolina is the ideal place to treat yourself to a sun-soaked autumnal escape and keep those vacation vibes alive. There’s no better way to start your fall getaway at The Beach than with a hearty morning meal to keep you fueled up and ready for adventure. The Grand Strand is home to a burgeoning brunch scene that rivals many a culinary mecca. “The myriad of top-notch and delectable culinary offerings in Myrtle Beach from breakfast to brunch and beyond allows visitors to sample some of the region’s most iconic and unique dishes while traveling along the Grand Strand’s 60 miles of sunny coastline,” said Karen Riordan, President and CEO of Visit Myrtle Beach. “With new restaurant concepts being launched every month and an impressive line-up of food-related events showcasing seasonal cuisine, The Beach offers the perfect balance of stunning fall weather and flavorful fare for all.”

Hotel Indigo Guadalajara Expo draws on its rich cultural background to create an authentic neighborhood stay experience for guests.

Hyatt just lapped the one-year anniversary of acquiring the all-inclusive resort company Apple Leisure Group in a $2.7 billion deal. The Chicago, Illinois-based hotel group is now looking to expand its hotel presence in European cities that could help feed its all-inclusives, according to comments executives made as they reported its earnings.

Good morning from Skift. It’s Tuesday, November 22. Here’s what you need to know about the business of travel today.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.

Andreas Scriven is the lead partner for the hospitality and leisure practice at Deloitte UK and Deloitte NS Europe. Scriven has an interesting perspective on European hotel deals and development.

For InterContinental Hotels Group (IHG), soaring hotel rates owing to a post-pandemic surge in pent-up demand for travel have been a boon after the pandemic bludgeoned the travel sector. But IHG Hotels & Resorts said its pricing power would last beyond the present moment thanks partly to its investments in digital technology. The company also anticipated future growth as China, the world’s second-largest economy, reopens.

Good morning from Skift. It’s Tuesday, February 28. Here’s what you need to know about the business of travel today.

Some industry observers speculated that the pandemic would speed up consolidation of the hotel sector, as owners of independent hotels might find cost and other pressures too difficult and would essentially sell out to the big brands. So what was the state of the independent hotel sector in 2022, as the pandemic subsided, according to just-released numbers?

Skift’s Senior Research Analyst Pranavi Agarwal and Senior Hospitality Editor Sean O’Neill went live this week on LinkedIn to discuss Skift Research’s latest report that looks at hotel performance and unit growth by chain scale in times of crisis and recession in the U.S.

Travel technology company Travelport revealed on Friday it had received a $200 million investment from its owners, Siris Capital Group and Elliott Management. Based in Langley, UK, the privately held company didn’t disclose its financial performance other than to say it had achieved “a strong first-quarter performance.”