Hotel Operators Face Thorny Choices for 2023 Budgeting
A top hotel asset manager sees too many hoteliers trying to restaff to 2019 levels and too many failing to upsell guests effectively. Heed her words.
Future of Lodging
As the lines continue to blur between hotels and short-term rentals, Skift is focused on the technology and the consumer behaviors that are driving this. Follow our coverage across the wide world of lodging, from traditional hotels and motels to urban short-term rentals and traditional vacation rentals.
Hotel Green Efforts Are Hitting Right Message for Social Media Users
Can you go wrong with imagery of animals or nature and heartwarming messages? Not if you're a hotel sharing your sustainability efforts via social media. That's what The Datai Langkawi, Fairmont, and Banyan Tree have found.
Hyatt to Add Hotels in Markets That Feed Its All-Inclusive Resorts
When Hyatt adds hotels to new destinations, it can cross-sell the newfound guests on its recently acquired all-inclusive resorts through marketing messages. So the company is seeking more hotels to speed up this virtuous cycle.
Why Marriott Thinks It Could Fare Better Than in Previous Recessions
In the economic multiverse, hotels are still booming. The world's largest hotelier has a remarkably rosy forecast for 2023 as the company highlights why it will be stronger than in the past if a downturn happens.
Airbnb Posts Best Quarter Yet on Relentless Travel Demand
Airbnb CEO Brian Chesky says his company can thrive in boom and bust cycles if it keeps innovating. To meet that promise, his company will have to boost its pricing competitiveness and makes it easier for individuals to list properties. And make the case to Wall Street on unfair comparisons to 2021.
Marriott Vacations Worldwide Sees Surge in Resort Condo Usage
Marriott Vacations execs argue that vacation ownership will prove popular during inflationary times because the timeshare model lets you essentially lock in prices for future trips. The company's about to find out if that's true.
Best Western Launches New Extended Stay Brand Home by BWH
BWH Hotel Group debuted on Monday its 19th brand — Home by BWH — in the midscale extended-stay segment. It's available for developers for new construction at the start and…
Loews Hotels to Promote Alex Tisch to CEO, Succeeding Cousin Jon Tisch
Loews Corporation said that on January 1 CEO Alex Tisch would become president and CEO of its chain of 25 luxury properties, Loews Hotels — succeeding his cousin once removed…
The Bottom Line on Hotel Bottom Lines So Far
Overall, analysts at investment banks like what they're hearing from public hotel companies about their financial performance in the near term. But some are revising downward their forecasts for growth in 2024, given worries about the impact of economic storms.
Upscale Hotels Plant Fake Reviews When High-End Vacation Rentals Come to Town
The enemy of my enemy is my friend. That may be why high-end hotels tend to stop planting fake negative reviews about each other online once nicer short-term rentals start competing locally.