Anthony Capuano
Sean Oneill
China
Canada
Marriott
future of lodging
earnings
Anthony Capuano
Sean Oneill
China
Canada
Marriott
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Hotel Giants Race for Loyalty Licensing Deals: 10 Things to Know - skift.com - city Las Vegas - Marriott
skift.com
20.08.2024 / 19:19

Hotel Giants Race for Loyalty Licensing Deals: 10 Things to Know

Marriott and Sonder are teaming up in a 20-year licensing deal that lets members of Marriott’s loyalty program earn points at Sonder’s roughly 200 properties—about half of which are apartments. The deal is the latest in a string of similar licensing tie-ups led by Marriott, Hilton, IHG, and Hyatt.

Sonder-Marriott Deal: What the Fine Print Says - skift.com - Marriott
skift.com
19.08.2024 / 18:02

Sonder-Marriott Deal: What the Fine Print Says

The fine print of the Marriott-Sonder licensing deal announced Monday spells out the basics of certain exclusivity protections, as well as Sonder royalty fees, and other terms such as renewal options and termination fees.

Marriott Signs Loyalty Tie-Up With Sonder - skift.com - Marriott
skift.com
19.08.2024 / 13:20

Marriott Signs Loyalty Tie-Up With Sonder

Marriott International and Sonder Holdings said Monday they had signed a 20-year strategic licensing deal. The deal will expand the portfolio of places where members of the Marriott Bonvoy loyalty program can earn and redeem points.

Why Baijiu, China's Heritage Liquor, Is Due for Its Time in the Spotlight - cntraveler.com - Usa - China - Laos - city Chengdu
cntraveler.com
16.08.2024 / 18:05

Why Baijiu, China's Heritage Liquor, Is Due for Its Time in the Spotlight

In Sha He, a densely populated slice of Chengdu, the narrow streets are lined with teahouses, restaurants, and diners seated around rickety bamboo tables playing mahjong, gossiping, and drinking baijiu. I’m at Dong Zi Kou, a chipped-countertops-but-clean-plates sort of eatery whose name literally translates to “hole in the wall.” There’s a mad dash for the old-school specialties, like spicy mung bean noodles and stir-fried intestines, and the place is packed to the gills at 1:00 pm on a Friday.

Hilton Raises Profit Forecast, but Signals Leisure Travel Slowdown - skift.com - Usa - China - state Virginia - county Mclean
skift.com
07.08.2024 / 20:59

Hilton Raises Profit Forecast, but Signals Leisure Travel Slowdown

Hilton raised its forecast for 2024 profit on Wednesday but signaled that the post-pandemic travel surge is leveling off, particularly with American tourism.

Airbnb's Slow Growth, IHG’s Good Growth and Travel’s Recession Worries - skift.com - China
skift.com
07.08.2024 / 12:54

Airbnb's Slow Growth, IHG’s Good Growth and Travel’s Recession Worries

Good morning from Skift. It’s Wednesday, August 7, and now here’s what you need to know about the business of travel today. 

IHG CEO: No Slowdown Fears, No Weakness Outside China - skift.com - Japan - China - Singapore - South Korea - Vietnam - Thailand
skift.com
06.08.2024 / 19:19

IHG CEO: No Slowdown Fears, No Weakness Outside China

InterContinental Hotels Group (IHG) reported earnings Tuesday, and said it isn’t seeing signs of demand weakness outside of China.

Hyatt Rides Business Travel Wave but Trims Hotel Outlook - skift.com - Britain - Usa - China
skift.com
06.08.2024 / 19:07

Hyatt Rides Business Travel Wave but Trims Hotel Outlook

Hyatt enjoyed a continued recovery in travel demand in the second quarter but did lower its full-year guidance for room revenue on Tuesday ahead of a possible softening to come.

Hotel Junk Fees, Marriott Earnings and Norwegian Cruising Optimism - skift.com - Norway - Usa - China - Marriott
skift.com
01.08.2024 / 16:04

Hotel Junk Fees, Marriott Earnings and Norwegian Cruising Optimism

Good morning from Skift. It’s Thursday, August 1. Here’s what you need to know about the business of travel today. 

MGM Resorts: Strength in Marriott Deal, Softness with Formula 1 - skift.com - city Las Vegas - Macau - county Atlantic - Jersey - Marriott
skift.com
01.08.2024 / 04:04

MGM Resorts: Strength in Marriott Deal, Softness with Formula 1

MGM Resorts International reported record second-quarter revenue on Wednesday, driven by a recovery in Macau and continued strength in Las Vegas. The casino and resort operator noted that a partnership with Marriott International boosted the company but that an upcoming Formula 1 race in Las Vegas isn’t leading to as many bookings as was hoped.

What's Driving Growth for India's Hotel Industry? – India Report - skift.com - China - India - Thailand - Jordan - Bangladesh
skift.com
01.08.2024 / 03:50

What's Driving Growth for India's Hotel Industry? – India Report

The hotel industry in India is estimated to reach around $247 billion in 2024, and projected to hit $475 billion by 2029, according to market research firm Mordor Intelligence. That’s an annual growth rate of nearly 14%. 

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