Marriott’s Sluggish Q2: Flat U.S., Drop in Government Travel, Forecast Narrowed
Marriott has seen softness in revenue per available room, or RevPAR. But development pipelines and loyalty member gains could drive future growth.
Sean O’Neill is Skift’s Senior Hospitality Editor. Sean’s forte is reporting, and he’s broken multiple hotel industry scoops. He has also conducted 1:1 interviews on stage with the CEOs of Marriott, Hilton, IHG, Hyatt, and Wyndham.
From Concur to Spotnana: Steve Singh on How AI Could Fix Corporate Travel
Corporate travel is still a nightmare of fragmented systems, which means that rebooking canceled flights can be headache-inducing. Yet Concur co-founder Steve Singh believes new tech could bring the dawn of "the perfect trip."
IHG Pursues Business Travelers Through Emirates and Other Deals
IHG's new deal with Emirates is as part of broader push to capture the underserved corporate segment. Expect more partnerships that offer fast-track loyalty status in exchange for direct bookings.
Las Vegas Sees Midmarket Tourism Soften, Weighing on MGM Resorts
Las Vegas tourism is experiencing measurable softness in 2024, and it's affecting MGM Resorts.
LVMH Has Option for Full Control of Orient Express After Buying 50% Stake: Exclusive
It's far from a done deal, but a sale could make sense. Accor could potentially retain some of the benefits of Orient-Express without having to manage an ultra-luxury brand. LVMH would reduce brand confusion.
Booking Holdings Builds on European and Asian Strength, While U.S. Lags
Booking Holdings sees many Americans remaining cautious about travel. The good news: It has less U.S. exposure than rivals Expedia and Airbnb.
Royal Caribbean Sees More Last-Minute Bookings, Plans Loyalty Changes
Royal Caribbean's passengers are definitely spending. Its plans to improve how its loyalty program and co-branded credit card reward guests may fuel future growth.
Hilton Pushes Direct Sales by Targeting Small Business Travelers
Everyone in corporate travel is trying to cut out the middleman, which is awkward because half the people in corporate travel are the middleman. Hilton's gained traction with a new program for small- and medium-sized businesses and easier processes for payments.
TakeUp’s $11 Million Funding Highlights Pricing Gap Crushing Indie Hotels
A pricing technology gap has created a David-and-Goliath dynamic in hospitality, where small, indie operators compete against chains. Can AI help level the playing field?
Wyndham Expects Pressures Hitting Budget Travelers to Lift
Price-conscious travelers made fewer trips this spring in the U.S., but hotel developers have shown confidence by signing up for franchise contracts in record numbers.