Hyatt tips

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.

Good morning from Skift. It’s Thursday, January 4. Here’s what you need to know about the business of travel today.

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.

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

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.

Good morning from Skift. It’s Friday, November 3. Here’s what you need to know about the business of travel today.

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. 

Hyatt Hotels & Resorts is a leading operator of hotels and all-inclusive resorts.

Founded in 1939, Choice Hotels International has evolved from a small chain of roadside hotels to one of the world’s largest hotel franchisors. Tracing its roots to its original name, Quality Courts United, Choice has established itself as a prominent player through acquisitions and is looking to get bigger with its latest bid for Wyndham Hotels.

Mark Hoplamazian, president and CEO of Hyatt Hotels Corp., rhapsodized last week about how the hotel giant uses empathy as a tool for everything from fostering company culture to strategically analyzing acquisitions and brand development.

Hyatt said on Thursday it would shift its strategy in marketing vacation rentals. It plans to launch before year-end a short-term vacation rental platform called Homes & Hideaways by World of Hyatt.

Hyatt CEO Mark Hoplamazian has grown more positive about business travel in recent weeks, now saying he is seeing a business transient and corporate booking business returning to his properties. Hoplamazian confirmed that business transient bookings are up in New York City, while corporate bookings, in everywhere but Asia, are “booming.”

Good morning from Skift. It’s Tuesday, September 12. Here’s what you need to know about the business of travel today.

Hyatt sees signs that more people in big cities are returning to offices, which could eventually translate to more business transient travel at the hotel giant.

Good morning from Skift. It’s Wednesday, August 30. Here’s what you need to know about the business of travel today.

Travelers United’s choice to sue Hyatt over its “junk fee” practices fits into a broader storyline about travel junk fees being in the limelight ever since President Joe Biden referred to travel fees in his 2023 State of the Union address.

Casino operator MGM Resorts International is finding Formula One’s inaugural stop in Las Vegas is as much of a draw as its slot machines this year, and it is not the only company realizing that travelers are increasingly seeking out experiences beyond the traditional draws for tourists.

Hyatt just lapped the one-year anniversary of acquiring the all-inclusive resort company Apple Leisure Group in a $2.7 billion deal. The Chicago, Illinois-based hotel group is now looking to expand its hotel presence in European cities that could help feed its all-inclusives, according to comments executives made as they reported its earnings.