Future of lodging tips

Hoteliers in many U.S. markets in 2022 and 2023 found travelers willing to pay higher room rates post-pandemic. Robust pricing allowed many operators to keep pace with inflationary operational costs and debt service payments.Yet strong demand wasn’t enough. Last year, profit margins contracted 1.3 percentage points, and gross operating margins may continue to be pressured in 2024.

Rising hotel room rates in the U.S. have stopped contributing to broader inflation. Hotel prices declined in December by 0.5% year-over-year.

Short-term rental data provider AirDNA has acquired vacation rental software and channel management system Uplisting for an undisclosed sum. This marks the company’s foray into the property technology business.

Hilton has named its newest hotel brand LivSmart Studios by Hilton, the company said on Tuesday. It’s Hilton’s 19th brand and an extended-stay apartment suites hotel concept.

Despite a 2022 ordinance making short-term rentals illegal in Hawaii, a district court judge ruled that existing short-term rentals can continue their operations and advertising of rentals for stays of 30 to 89 days.

Skift Research produces a wide range of reports, surveys, and data tools – we published more than 50 reports in 2023, a record for us.

The retailer Tommy Bahama is best known for its Hawaiian shirts and board shorts. But the yacht-owning multi-millionaires who like the brand’s easy breezy clothes have wanted a similarly ultra-chill hotel to slip into.

Choice Hotels International’s hostile buyout offer of rival Wyndham Hotels & Resorts has entered a new phase: recriminations.

Hawaii Governor Josh Green has asked for 3,000 condos and homes operating as short-term rentals to be converted into long-term housing for those displaced by this summer’s wildfire in Lahaina.

In the world of TikTok and social media influencers, hotels and tourism agencies have had to experiment with new ways of reaching younger audiences. 

Two UK-based short-term accommodation brands are joining forces: UnderTheDoorMat Group and Veeve are merging in a share exchange. 

Choice Hotels said on Tuesday it had bought enough Wyndham stock to nominate candidates to the board of Wyndham, its takeover target.

Hilton’s IPO on December 11, 2013 was the largest ever for a hotel company, and none has beaten it since. Here are 10 key facts and anecdotes framing why it was such a significant moment for the industry.

Hilton is considering as many as 14 names for upcoming hotel brands, its recent trademark filings show.

The Biden administration’s infrastructure spending blitz has put more construction laborers on the road for work this year, fueling a race by extended-stay hotel operators to win their business.

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.

Selina, a hotel and experiences brand focused on youth travelers, has to give investors a haircut to receive a capital injection of up to $50 million from Global University Systems (G.U.S). Here are key points in its financial restructuring, which it hopes to finalize within a week or two.

Saudi Arabia’s Public Investment Fund has acquired a significant minority stake in Rocco Forte Hotels, the luxury hotel operator said Monday.

Grupo Posadas is Mexico’s largest homegrown hotel operator, but U.S. analysts rarely discuss it.

A bipartisan introduced in the House of Representatives Friday is the latest effort to apply pressure on the travel industry to be more transparent in how it displays and markets so-called junk fees.

Hyatt said on Thursday it would improve its hotel loyalty program in January. Hyatt’s most notable change will be to expand the ability of program members to give some benefits to friends and family in one-off gifts.