Hyatt tips

The world’s biggest hotel chains are doubling down on India, betting that the country’s rising affluence will fuel a surge in travel demand for years to come.

Hyatt has struck a deal with Peloton to feature the fitness company’s bikes and rowing machines at 800 properties. Members of the hotel group’s loyalty program will earn points for Peloton workouts at participating hotels.

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Hyatt Hotels definitely has its eyes on India and the focus specifically is on domestic Indian leisure travelers. “The leisure travel market is primarily driven by Indians traveling within India and discovering the country,” said CEO Mark Hoplamazian during his recent visit to the country. 

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Hilton CEO Christopher Nassetta was awarded $56.8 million in pay last year, more than CEOs at rival hotel operators Marriott, Hyatt, Wyndham, Choice, IHG, and Accor, according to recent SEC filings.

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.

CoStar Group, the real-estate data giant, was hit last week with a consumer class action lawsuit alleging it enabled several hotel operators, such as Marriott and Hilton, to artificially boost their hotel rates.

Hyatt is one of the world’s fastest-growing hotel groups, and we found a handful of notable details in its annual 10-K filing.

Hyatt’s luxury lifestyle brand, Andaz, launched a brand awareness campaign in November called Be Like No One’s Watching. The campaign illustrates the many challenges and opportunities that hotel groups face as they market brands in today’s noisy media ecosystem. So Skift checked in to see how it’s been going.

Hyatt postponed an investor conference call scheduled for Thursday. But investors shrugged off the delay and focused on preliminary financial results.

Seven-year-old travel tech startup Journera, which aimed to provide data to hotels and airlines to enable seamless customer trips, announced Thursday that it ceased operations.

Hilton revealed Wednesday that it had signed an exclusive licensing deal with Small Luxury Hotels of the World (SLH), a group of 560 boutique hotels unaffiliated with the major hotel groups.

After Hopper’s noisy breakups last year with Expedia Group and Booking.com, Hopper has a major hotel chain problem.

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The 2024 prospects for Marriott, Hilton, Hyatt, and Wyndham look bright. That’s according to a report released on Tuesday by David Katz, a managing director at Jefferies Research.

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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.

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Sabre said it had positive cash flow in the third quarter for the first time since 2019 – $39 million, a reversal from negative $123 million a year ago. Revenue jumped 12%, driven primarily by an increase in air and hotel bookings.