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Blackstone Weighs Sale of Motel 6 Owner: Report - skift.com - Usa - Canada - state Texas
skift.com
16.04.2024

Blackstone Weighs Sale of Motel 6 Owner: Report

Blackstone’s real estate division is once again considering selling G6 Hospitality, which owns the Motel 6 and Studio 6 chains, Bloomberg reported Monday.

Marriott and IHG to Add About 100 Hotels Each in Europe - skift.com - Spain - Germany - Italy - Britain - Marriott
skift.com
15.04.2024

Marriott and IHG to Add About 100 Hotels Each in Europe

Marriott and IHG each announced Monday their latest expansion plans in Europe. Marriott set its sights on adding nearly 100 hotels by 2026, while IHG signed a deal to add more than 100 in Germany.

Budget Hotels Feel the Pinch: Is Inflation the Culprit? - skift.com - Usa - county Miller
skift.com
14.04.2024

Budget Hotels Feel the Pinch: Is Inflation the Culprit?

U.S. budget hotels performed less well in the first few months of the year than they did a year ago. Does that weakness signal some U.S. travelers feel a pinch from inflation?

CEO Pay Soared at MGM, Las Vegas Sands, and Wynn Resorts - skift.com - China - city Las Vegas, state Nevada - state Nevada - city New York - city Boston - Macau - county Island - state Massachusets - Singapore - city Singapore - Uae
skift.com
10.04.2024

CEO Pay Soared at MGM, Las Vegas Sands, and Wynn Resorts

MGM Resorts CEO and president William Hornbuckle made around $38 million in pay in 2023, more than the CEOs of rival casino resort operators Wynn Resorts and Las Vegas Sands, as detailed in recent SEC filings.

Wyndham Elevates Hotel Tech Boss to Oversee Marketing, Loyalty - skift.com
skift.com
09.04.2024

Wyndham Elevates Hotel Tech Boss to Oversee Marketing, Loyalty

Wyndham Hotels & Resorts said on Tuesday it had created a new role, chief commercial officer, and had appointed its chief information and distribution officer, Scott Strickland, to fill it.

Marriott Bonvoy's New AI Search Tool: 4 Tests Show How It Works - skift.com - Spain - county Valencia - Mexico - Marriott
skift.com
05.04.2024

Marriott Bonvoy's New AI Search Tool: 4 Tests Show How It Works

Marriott Bonvoy last month released a new AI tool meant to help users search for vacation rentals under its Homes & Villas by Marriott Bonvoy brand. 

Marriott Vacations Bets on Cities With New Timeshare Collection - skift.com - New York - city New York - city Boston - city Charleston - city San Francisco
skift.com
28.03.2024

Marriott Vacations Bets on Cities With New Timeshare Collection

Marriott Vacations Worldwide on Thursday launched its first collection of timeshares in cities, a sign of growing demand for timeshares beyond traditional resort locations.

Highest Paid Timeshare CEOs in 2023 - skift.com - county Maui
skift.com
26.03.2024

Highest Paid Timeshare CEOs in 2023

Michael Brown, CEO of Travel and Leisure Co., made $8.4 million in total compensation in 2023. That was the highest take-home pay among timeshare company CEOs, according to proxy statements filed last week.

Accor Tech Subsidiary D-Edge Acquires LoungeUp - skift.com
skift.com
21.03.2024

Accor Tech Subsidiary D-Edge Acquires LoungeUp

Accor’s hotel tech subsidiary, D-Edge, has acquired LoungeUp as a way to expand its group of products. Price and terms of the deal were not disclosed. 

Hilton Investor Day: 3 Top Takeaways - skift.com
skift.com
21.03.2024

Hilton Investor Day: 3 Top Takeaways

Hilton held a private presentation for investment analysts at its U.S. headquarters this week and executives presented 223 slides.

Oberoi Chief Plans to Double Its Luxury Hotel Room Count by 2030 - skift.com - India - city Delhi
skift.com
20.03.2024

Oberoi Chief Plans to Double Its Luxury Hotel Room Count by 2030

Oberoi Group — known for its luxury hotel brands Oberoi and Trident — is quietly developing new hotels close to nature, the company’s top boss revealed on Wednesday.

Marriott Won't Miss Out on India's Wedding and Religious Tourism - skift.com - China - India - county Fairfield - city Bangalore - Marriott
skift.com
20.03.2024

Marriott Won't Miss Out on India's Wedding and Religious Tourism

Marriott’s journey in India began 25 years ago. The company today boasts of over 100 hotels, with another 79 in construction. 

Hyatt Sees China Supporting Hotel Development Amid Property Crisis - skift.com - China
skift.com
17.03.2024

Hyatt Sees China Supporting Hotel Development Amid Property Crisis

Hyatt has bet big on developing hotels in China despite recent turmoil in the commercial real estate market. Hyatt executives acknowledged the risks Thursday, but explained reasons for optimism.

Hoshino Resorts: This CEO Built an Iconic Japanese Hotel Brand - skift.com - Japan - city In
skift.com
17.03.2024

Hoshino Resorts: This CEO Built an Iconic Japanese Hotel Brand

Hoshino Resorts is small but punches above its weight. It only has 68 hotels, but several of them regularly top the most-recommended lists of Conde Nast Traveler and Travel + Leisure.

Soho House Sees Red Ink Flow Despite Membership Surge - skift.com - city Los Angeles - state New York - city London, state New York
skift.com
15.03.2024

Soho House Sees Red Ink Flow Despite Membership Surge

Soho House, a brand offering members’ clubs and hotels, reported Friday that it lost $57 million in the fourth quarter but had seen a significant increase in its membership count.

Ritz Carlton in Saudi Set To Be One of the Most Expensive Hotels - skift.com - Saudi Arabia - Maldives - county Carlton - city Dubai - Marriott
skift.com
14.03.2024

Ritz Carlton in Saudi Set To Be One of the Most Expensive Hotels

$3,431: That’s how much it will cost to stay at the new Ritz-Carlton Reserve hotel in Saudi Arabia for a night. The super-exclusive, small key-count resort opens for bookings on May 26, hitting the market with the highest rates in the region.

Hilton Buys Graduate Hotels Chain - skift.com - county Dallas - state Alabama - state Texas - county New Haven - city Austin
skift.com
14.03.2024

Hilton Buys Graduate Hotels Chain

Hilton will spend $210 million to acquire Graduate Hotels, a hotel brand that builds and runs 33 hotels near U.S. and U.K. universities, it said Thursday. The brand caters to college alumni, students, and communities with hip, nostalgic-themed design and campus-centric amenities.

Aman Dubai Could Be City's Priciest Hotel - skift.com - Japan - New York - city New York - Uae - city Abu Dhabi - county Gulf - city Dubai
skift.com
12.03.2024

Aman Dubai Could Be City's Priciest Hotel

During the unveiling of the Aman Dubai this week, chairman and CEO Vlad Doronin said it will “probably” be the most expensive hotel in the UAE.

Choice Abandons Hostile Merger Bid for Wyndham Hotels - skift.com
skift.com
11.03.2024

Choice Abandons Hostile Merger Bid for Wyndham Hotels

Choice Hotels on Monday dropped its $8 billion hostile takeover bid for Wyndham Hotels & Resorts it launched last October.

Hilton's LXR Boss: How to Stand Out Among Luxury Hotels - skift.com - Saudi Arabia
skift.com
10.03.2024

Hilton's LXR Boss: How to Stand Out Among Luxury Hotels

LXR is a Hilton brand with 14 luxury hotels and resorts. Last week, Hilton announced a deal for an LXR resort in Saudi Arabia, and it has seven other properties in its pipeline worldwide.

Choice-Wyndham Merger Is a 50/50 Bet: Skift Travel 200 - skift.com
skift.com
05.03.2024

Choice-Wyndham Merger Is a 50/50 Bet: Skift Travel 200

Choice Hotels created a storm last October when it went public with a hostile takeover bid for Wyndham Hotels & Resorts. It is giving Wyndham stockholders until Friday to tender their shares.

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