Articles tagged “asset-light”

CEOs at big hotel brands like to brag about how little they own. Omni is betting that ownership still gives it an edge in design, service, and loyalty.

Sonesta wants to be in the business of licensing hotel brands rather than owning hotel buildings, just like its larger, asset-light competitors.

With a blockbuster 2024 behind it, Minor Hotels is set to ride Thailand’s booming tourism scene through its starring role in The White Lotus.

In this report, Skift and Minor Hotels examine the asset-light versus asset-heavy models and introduce a hybrid approach that combines the benefits of both models to suit diverse market conditions and business needs.

Hospitality companies are adapting to the growing demands of Indian travelers, driven by rising disposable income and greater global exposure. Customizing products to meet these evolving preferences is crucial for survival in an increasingly competitive and discerning market.

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."

While Hilton is making a big splash with its luxury brands in Asia Pacific, it’s also smartly tapping into the booming middle class that's fueling the rise of its focused service brands.

Hyatt's annual 10-K provides a handful of notable details, including the final prices it paid for Mr & Mrs Smith and for Dream Hotels.

IHCL's strategic focus on Tier 2 and Tier 3 cities indicates a market expansion aligning with India's burgeoning middle class. While this helps meet evolving consumer demands it also ensures that the company grows beyond metropolitan areas.

India would need continued investment in infrastructure and air connectivity to make the country an appealing destination for both leisure and business travelers.