Today’s edition of Skift’s daily podcast looks at Airbnb’s new price transparency, why U.S. tourists are spending more than tourists to the U.S., and Choice Hotels’ upgrades.
They say smart people can hold two opposing ideas in their minds and still function. So hotel executives must be geniuses, as they watch bookings stay strong while economic worries rise.
The big hotel groups sit on a $7 billion cash pile. How they use it, whether it's to acquire properties, improve their offerings, or buy back stocks, will shape their futures.
Watch out for the quiet ones. Choice didn't run any U.S. national TV ads in 2021 and Virgin Voyages was absent during the first seven months of last year. Yet both brands surged to leadership positions in 2022.
Choice Hotels on Thursday offered the first in-depth details of plans for its $675 million acquisition of Radisson Hotel Group Americas. The endgame? Boost those franchise royalties.
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Good morning from Skift. It's Wednesday, June 15, in Puerto Rico (where the Skift Team is meeting). Here's what you need to know about the business of travel today.
Good morning from Skift. It's Tuesday, June 14, in Puerto Rico (where the Skift Team is meeting). Here's what you need to know about the business of travel today.