At least one comeback kid has emerged for the hotel industry during what many expect to be the worst year on record for the travel industry. Wyndham Hotels & Resorts posted a $27 million third […]
The economic fallout from a global health crisis can amount to a huge opportunity for investors with billions of dollars ready to deploy on distressed assets — investors like Starwood Capital Group CEO Barry Sternlicht. […]
From the official beginning of the pandemic in China, one of Oyo’s core markets, at the end of the year, 2020 has been a year of reset for the India-headquartered budget hotelier. In the interim, […]
A Mondrian flag will once again fly over a London hotel roughly two years after the brand left the UK. Accor and SBE plan to open the Mondrian Shoreditch London in spring 2021, the hotel […]
Labor Day weekend didn’t provide a much-needed boost for the U.S travel sector. According to Skift Research’s latest U.S. Travel Tracker survey, 37 percent of Americans traveled in September, which is only one percentage point […]
SKIFT FORUM ASIA | OCTOBER 15 | ONLINE CONFERENCE | THE DECADE AHEAD: SAFEGUARDING TRAVEL’S FUTURE China continues to be Marriott’s market leader in terms of revenue recovery from the coronavirus pandemic. But the world’s […]
The smaller Sonesta International Hotels Corp. emerged in recent months as the coronavirus pandemic’s biggest hotel industry growth story, adding roughly 200 hotels to its portfolio at the expense of global giants IHG and Marriott. […]
An enormously large number of U.S. hotel owners are at risk of defaulting on their mortgages, but experts say the banks holding those loans aren’t likely to usher in an era of mass hotel foreclosures […]
There’s an adage emerging in the business world in 2020 that the Covid-19 pandemic didn’t create new trends — but rather accelerated ones that were already in place. That’s certainly true at MGM resorts, Atif […]
A major corporate restructuring at Accor sparked permanent layoffs of 25 percent of corporate staff, according to the company’s CEO Sebastien Bazin speaking Tuesday during Skift Global Forum. But the overhaul has nothing to do […]
SKIFT GLOBAL FORUM | SEPTEMBER 21-23 | ONLINE CONFERENCE | THE DECADE AHEAD: SAFEGUARDING TRAVEL’S FUTURE The United States continues to hold the highest number of new coronavirus cases in the world, but it is […]
It continues to be a brutal year financially for New York-based Dream Hotel Group. But the lifestyle brand sees a path ahead for future growth — without being gobbled up by a global hotel conglomerate. […]
China’s hotel industry continues a march back to pre-pandemic performance levels while so much of the world’s travel industry grapples with uncertain demand expectations heading into fall. Hotels in China for the week ending September […]
Another global hotel company is joining the increasingly crowded space of hoteliers trying to convince owners of existing hotels to take on a new brand flag. IHG plans to debut its upscale Voco brand in […]
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