Articles tagged “accor”

From political challenges to internal reassessments, Google Travel is clearly going through a transition.

Wyndham reported a slight beat, and while the debate is whether this was just because expectations were lowered, investors bid the stock up despite all the worries, so that is always a good vote of confidence.

The hotel giant marked a remarkably profitable first half of the year thanks to an extended surge in travel. But it will need to implement a savvy strategy to keep the profits flowing after the rebound fades.

Accor Pacific announced that its partners have invested more than $300 million in hotel renovations and refurbishments since the beginning of 2022.

Independent hotels can expand their customer base and adapt to changing market conditions by joining a larger hotel group with a global distribution and supply network. Accor’s diverse portfolio offers a spectrum of conversion-friendly brands to address the individual needs of owners.

The surge in airfares and tour packages, coupled with millennials’ shift in spending patterns, is quite possibly driving the demand for travel loans.

Turning conventional on its head appears to be the blueprint for Ennismore's approach to hospitality, with its new loyalty program focused on lifestyle design and spreading revenue beyond its hotel rooms.

Accor announced a new strategic partnership in Japan to renovate and rebrand the Daiwa Resorts portfolio into Grand Mercure and Mercure hotels

Despite the challenges, expanding in the Asia Pacific region can offer significant growth opportunities for a hotel chain like Hilton. Travel companies are continuously investing in the region due to its rapidly growing middle-class population and increasing tourism.

This minor move will make Accor the single shareholder in an events specialist it had jointly owned. Several of Accor's recent moves feel like watching a homeowner fix up a house to make it easier to sell at a future date.