Low-cost Icelandic airline Play is going all out for the end of the year by offering a whopping 50 percent off its already low airfare to Europe.
IHG CEO Sees Credit Cards as Key to Unlocking More Growth
06.12.2023 - 21:51 / skift.com / Ihg / Sean Oneill
IHG Hotels & Resorts CEO Elie Maalouf has been on the circuit talking up his hotel group’s strategy for growth. One of his notable talking points has been on the company’s co-branded credit cards with Chase.
Maalouf recently noted some new facts about IHG’s credit card aspirations when speaking at Barclays’ “Eat, Sleep, Play” conference.
Hotel groups have a long way to go before their credit card partnerships are as powerful as airline ones. “As of January 2023, Delta’s SkyMiles is valued at $27.9 billion, American’s AAdvantage is at $23.9 billion, and United’s MileagePlus is at $22 billion,” said Skift Research’s “The Business of Airline Loyalty Programs 2023” report this year.
By the way, Maloouf’s talking may be having an impact. IHG stock traded up to a new high on Wednesday, despite a market that was broadly down.
What am I looking at? The performance of hotels and short-term rental sector stocks within the ST200. The index includes companies publicly traded across global markets, including international and regional hotel brands, hotel REITs, hotel management companies, alternative accommodations, and timeshares.
The Skift Travel 200 (ST200) combines the financial performance of nearly 200 travel companies worth more than a trillion dollars into a single number. See more hotels and short-term rental financial sector performance.
Read the full methodology behind the Skift Travel 200.
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Autors
Popular Topics
thepointsguy.com
18.12.2023 / 20:11
IHG One Rewards availability officially launches at Iberostar Beachfront Resorts
All-inclusive resort getaways are even more attainable for IHG One Rewards members starting this month.
lonelyplanet.com
16.12.2023 / 17:57
You’ve applied for a credit card: what happens next?
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.
lonelyplanet.com
15.12.2023 / 10:19
Amex Platinum vs. Capital One Venture X: which premium travel credit card is best for you in 2024?
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.
thepointsguy.com
14.12.2023 / 15:57
Better food and more options: Why I value Priority Pass' airport restaurant credit over lounge access
In 2019, my overall travel experience was significantly elevated after I discovered the world of airport lounges. For those who don't know, airport lounges are separate spaces inside terminals, and those with access can enjoy complimentary food and refreshments, private bathrooms, comfortable chairs and other amenities. Though some lounges require you to have a specific fare class or airline elite status, my Chase Sapphire Reserve card offers me a free Priority Pass Select membership.
lonelyplanet.com
11.12.2023 / 20:36
The best credit cards for gas in 2023
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.
lonelyplanet.com
11.12.2023 / 20:35
Do credit card rewards, points and miles expire?
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.
forbes.com
11.12.2023 / 08:11
Dog Portraits, Book Clubs And Free Stuff From IHG Hotels: 13 Winter Hospitality Updates
Winter brings plenty of holiday travel experiences, stocking stuffer ideas and travel contests to get you going, but there is other news in hospitality. These hotels and hospitality groups are adding promotions, upgrading their offerings and redesigning their look to encourage future bookings in 2024. Here’s what you need to know to get the year off to a great start.
thepointsguy.com
07.12.2023 / 21:07
American Airlines credit card spending now earns Loyalty Points based on purchase date
Cobranded American Airlines credit cards let you earn American miles and Loyalty Points when you make purchases with your card. But on Wednesday, Dec. 6, I got an email from the American Airlines AAdvantage program titled "Reaching AAdvantage® status with your credit card." The highlight of the email is displayed under the "What has changed?" heading:
thepointsguy.com
07.12.2023 / 18:17
Now you can transfer IHG points to others for free: Here's how
IHG One Rewards members who hold Diamond Elite status or belong to IHG's Business Rewards program can now transfer up to 500,000 IHG One Rewards points per calendar year to other members without paying any transfer fees, as first reported by One Mile at a Time.
traveldailynews.com
05.12.2023 / 08:39
IHG Hotels & Resorts boosts growth in Türkiye with six signings across six cities
Signings across Essentials, Premium and Luxury & Lifestyle segments demonstrate appetite from owners and guests.
skift.com
05.12.2023 / 06:29
Sri Lanka and Sharjah Are Top Destinations For Indian Families
Even before Sri Lanka included India in the list of nations that will get free visas, it was among the most preferred destinations for Indian families, along with Sharjah in United Arab Emirates. A report from online travel agency Cleartrip chronicles what, how and which destinations were trending between July and September 2023. Domestically, Goa, Gurugram, and Chandigarh were the preferred non-metro destinations.