Hyatt Pushes Into Mid-Market Hotels While Doubling Down on Luxury
Hyatt is diversifying beyond luxury and premium. Appealing to multiple types of customer needs could provide a buffer against potential economic slowdowns long-term.
Travel Industry Earnings Coverage
Don’t miss out on Skift’s in-depth coverage of earnings reported by public travel companies, including online travel agencies, hotel brands, airlines, and technology companies. Our earnings stories cut through the numbers to explain what’s really happening at companies and within the industry as a whole.
Wyndham Gains From Infrastructure Boom With Record Pipeline
The hotel industry is having its own AI moment, helping to house all the construction workers building the needed data centers.
Marriott’s Latest Report: 9 Things We Learned
In good news for Marriott, travelers who've been flooding its hotels since the pandemic have been willing to pay prices that reflect a higher cost of doing business.
Expedia’s Strong Quarter, Hilton’s Optimism and Sustainability’s Price
On today’s podcast we discuss upbeat earnings reports from both Expedia and Hilton, as well as why one online travel CEO doesn’t think consumers will pay for greener trips.
Expedia Is Open to AI Partnerships and M&A
Expedia has its hands full getting Hotels.com and Vrbo back on track, and the antitrust environment may not be optimal for acquisitions these days. But if the company comes across a hard-to-resist M&A opportunity, never say never.
We Now Know What Hilton Paid for NoMad Hotels: Just $56 Million
Hilton has revealed it paid $56 million to acquire a controlling stake in NoMad Hotels, a smaller sum than recent comparable acquisitions in the luxury hotel sector. Now it plans to scale the brand to 30 to 50 hotels.
Hilton CEO: Post-Election Bump for Business Travel and China Rebound
Hilton's loyalty program has 211 million members now. That's a lot of people who might be sad if a future AI tool books them into a Marriott instead. So executives are investing in AI to keep as much control over hotel booking patterns as possible.
How Allegiant’s Florida Resort Became a Drain on Its Profits
Allegiant wanted to go into the hotel business with a sprawling resort in southwest Florida. Now, just over a year later, it’s looking to offload the costly hotel.
Disney’s Gamble: More Cruise Ships, Parks, and Premium Prices
Disney is expanding its cruise fleet and investing billions in its theme parks internationally. Yet maintaining premium pricing across a much larger footprint won't be easy.
Samhi Hotels Is Looking to Double Its Upscale Portfolio
Samhi Hotels is growing its upscale inventory to capitalize on the strong demand in Bengaluru and Hyderabad. But a lot of that growth is dependent on sustained demand for business travel.