IHG Doubles Hotel Openings Pace, But Revenue Growth Softens

Venice will extend its day-tripper tax next year, increasing the number of days on which tourists have to pay to enter the city and doubling the fee to €10 for last-minute visitors, city officials said on Thursday.

Budget carrier IndiGo on Friday reported a loss of INR 9.9 billion ($118 million) in the most recent quarter – a reversal after seven straight profitable reports for India’s largest airline. 

When you're traveling, there are a million reasons to stay in a hotel—the most obvious being a guaranteed place to lay that pretty little head of yours. But these days, when Airbnb and other alternative stays offer at the very least that same thing, it's important to take into account the wonderful amenities hotels have to offer on top of the bare necessities. Consider the hotel breakfast, for example. Writing generally, if you're staying in one of the best hotels in the world as our editors often do, you can count on some sort of solid-if-not-outright-sumptuous spread to see you out the door ahead of a day spent doing whatever it is you've traveled to do. While every meal is a privilege, we have some opinions about which breakfasts went above and beyond.

Accor raised its profit outlook after luxury hotels and the Paris Olympics helped drive growth, even as the French hospitality giant grappled with weakness in China’s domestic market.

IHG One Rewards members have a limited time to earn and use points at one of the most popular resorts on the Las Vegas Strip.

Hilton reported record hotel openings and development activity in the third quarter.

As hotel groups vie for dominance in the lucrative extended-stay sector, Choice Hotels has emerged as a leading player in the economy and midscale segments. The franchisor said on Wednesday it had opened its 500th extended-stay property.

Hilton Worldwide modestly trimmed its annual room revenue forecast amid signs of cooling domestic travel demand and broader economic pressures affecting consumer spending.

As airlines compete to attract high-paying passengers, mini hotel-like suites are all the rage in business- and first-class cabins of commercial aircraft. But the reverse scenario—a commercial aircraft in a hotel suite—is a much rarer amenity.

Good morning from Skift. It’s Wednesday, October 23, 2024, and here’s what you need to know about the business of travel today. 

The growth of the U.S. vacation rental and short-term rental supply has been decelerating, and the trend will likely continue next year as some properties convert to long-term rentals because of an ongoing housing shortage.

Adding to its already lengthy portfolio of hotel transfer partners, Citi ThankYou Rewards is now a transfer partner of Preferred Hotels & Resorts. Preferred Hotels & Resorts offers a collection of over 650 luxury boutique properties in more than 80 countries.