Hotel Earnings: 7 Things We Learned From Companies in the Skift Travel 200
Hotels recently discovered that they'd rather have fewer guests paying more. But can they keep holding the line on prices as they face other challenges?
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.
Hyatt Checks Out of Hotel Ownership, But Eyes More Deals Like Mr & Mrs Smith
You might think "asset-light" means "we don't own stuff." In Hyatt's case, it means: "We don't own hotels, except when we occasionally buy some so we can flip them at a profit and help fund our M&A."
Fosun Sells Thomas Cook to Private Equity-Backed eSky: 8 Takeaways
For eSky, Thomas Cook's storied brand offers a shortcut to recognition in Western Europe. Or at least that's the wager of eSky's new private equity backer MCI Capital. As for Fosun, what will it sell next? Club Med?
Hotel Growth Race: Hilton and Hyatt Are Opening Properties Fastest
Marriott has proudly opened its 9,000th property. Hilton has debuted its 8,000th. We put these milestones into perspective by creating a five-year growth scorecard for all the major hotel groups.
Skift Power Rankings: Sébastien Bazin
Bazin has boosted Accor's global competitiveness by amassing the industry's largest family of brands while improving the hotel group's finances.
Skift Power Rankings: Amanda Hite
Hite sees STR's must-read reports on hotel performance as a foundation for creating the Bloomberg Terminal of travel lodging.
Skift Power Rankings: Anthony Capuano
Capuano has transformed the world's largest hotelier from an operator of traditional hotels to a group that runs all kinds of lodging, from vacation rentals to luxury cruise ships.
U.S. Hotel Workers on Strike: What to Know
About 40,000 hotel workers have contracts expiring over the next year. So these few days of strikes might just be a preview of coming attractions at several dozen hotels.
Travel Agency Giant Flight Centre Notches Record Revenue
For Flight Centre, key risks to continued growth include the pace of business travel recovery and the execution of productivity initiatives. If airfares drop in price, it will be crucial to shift to a higher-margin product mix.
Selina Sold Out of Insolvency 5 Weeks After Collapse – Exclusive
A fire sale gives a new lease on life to Selina, a brand that reinvented hostels for the TikTok generation but struggled after a debt binge.