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Coronavirus Travel News
Investor With $1 Billion War Chest May Pump $200 Million Into College-Focused Hotel Brand
Acore's $200 million investment in Graduate Hotels would be a rare transaction in a hotel investment market where owners and potential buyers can't see eye-to-eye on valuations.
Cameron Sperance |
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American Airlines Forecasts Pent-Up Business Demand Could Exceed Pre-Covid Levels Starting Next Year
Hilton Shows Investing in Lifestyle Hotels Isn’t Solely About the Trendy
Lifestyle hotels come in many forms, with some focused more on the hip and trendy while, others like Hilton see it as an opportunity to scale up more experiential and food-focused properties around the world. Long story short: we still don't have a textbook definition for what a lifestyle hotel actually is.
Cameron Sperance |
Travel’s Rebound Is Becoming Even More Unequal: New Skift Recovery Index
The travel recovery continues, but the strong performance of a few standout countries, including the U.S., Mexico, and China, disguises continuing weakness in especially Europe and Asia.
Wouter Geerts |
U.S. Emerges as Unlikely Growth Hub for These Travel Sectors
The relative stability found in the U.S. will help companies in the online travel agency and vacation rental orbit fuel growth for the next few years — but don’t completely write off Asia and Europe. Most major hotel companies see those regions as the way to continue adding thousands of hotels to their portfolios.
Cameron Sperance |
Expedia’s Barry Diller on Biz Travel Doubters: ‘They’re All Dopes’
It's a question of when, not if, business travel returns for Barry Diller. Booking data from the likes of Marriott and Alaska Airlines back his claim.
Cameron Sperance |
Redoing the Airport Lounge Business for Post-Covid
Traveling can be nerve-racking and airline lounges have traditionally provided a place of respite for weary travelers. As the pandemic recovery continues and lounges are reopening, this is the time to add a dose of safety, healthy good food and innovations to win passengers back.
Ruthy Muñoz |
Travel Helps to Fuel the Record-Setting $100 Billion in SPAC Deals Announced This Year
Travel companies increasingly looked to go public via SPACs this year, but the exuberance might be short-lived as a slowdown is likely in the U.S. Regulators are already looking into the explosion of activity.
Cameron Sperance |
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