MGM Resorts Sees Healthy Vegas Demand Despite Heat Wave Hit, F1 Race Slowdown
MGM Resorts sees strong demand at its Las Vegas resorts continuing through year-end, despite minor performance hiccups in the third quarter.
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.
Royal Caribbean: Higher Cruise Pricing, New Customers and AI Strategy
Young travelers are flocking to cruise ships, and Royal Caribbean is cashing in by creating private ports and islands as new attractions.
Hyatt Extends Lead in All-Inclusive Resorts Through Deal With Spanish Brand
For Hyatt, which has been aggressively expanding in this segment, the joint venture will boost its all-inclusive room count by about 30%.
Wyndham Residence: The Latest Entry in U.S. Extended-Stay Hotels
The real test will be whether Wyndham can scale this extended-stay hotel concept beyond a handful of trophy locations while maintaining the upscale positioning needed to justify premium rates.
Accor’s Hotels Got a Boost From Luxury Spending and the Olympics
Despite advance skepticism, the Paris Olympics provided a sugar rush for Accor's hotels. But the company may need more than Olympic-sized live tourism events to sustain its ambitions for rapid growth worldwide.
Wyndham Hotels CEO: ‘No Waning in Leisure Travel Demand’
Hilton had painted a more subdued picture of leisure demand. Wyndham's results show the benefits of having a heavy mix of hotels and resorts in the economy and midscale segments.
New York City Hotels Face New Rules After Council Passes Licensing Law
New York City has tightened the rules for hotel operations. After having supported a campaign to rein in short-term rentals, the city's hotel sector has now gotten a taste of greater regulation of itself.
Hilton’s Record Hotel Openings and Pipeline Growth
This summer, Hilton opened more hotels than they've ever opened in a three-month period. When you subtract the hotels they lost, it grew its hotel count by 7.8%, also a record.
Choice Opens 500th Extended Stay Hotel as It Expands Portfolio
Choice Hotels is betting big on extended-stay hotels but is doing so methodically.
Hilton Trims Revenue Outlook as U.S. Travel Demand Softens
Hilton said its revenue growth won't quite reach forecasted heights this year because demand is softening (not cratering). The news arrived like room service: slightly delayed and not quite what was hoped for.