U.S. Hotels Enjoyed Record-High Room Rates in July
Hotel room rates in the U.S. have never been so high. Plus, India and Australia forecast booming growth and other news in hotel deals and development.
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.
Remote Work Drives Long Trips for Americans: New Skift Research Travel Tracker
The U.S. travel industry seems to be in full recovery mode. In July, 53 percent of Americans traveled, a 5-percentage-point jump from the same time last year.
Aman Resorts’ New Funding Set to Boost Its Niche Status in Luxury Travel
The Aman brand is not your billionaire father's ultra-luxury hotel. But can the brand retain its appeal with a rising generation as it scales to the size of Waldorf Astoria?
Vacasa CEO Matt Roberts Will Be Replaced by Ex-Egencia Boss Rob Greyber
Vacasa was ripe for a leadership change, if for nothing else but to shake things up. Let's see if Greyber can up the company's execution game.
Hotel Groups Deploy Swelling Cash Piles With Varied Playbooks
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.
Investors in Kenya’s Hotels Now See Opportunities in Luxury Homes
The pandemic sparked a surge in investment in luxury houses. While that has increased property tax revenue for governments, the downside of such a boom is a lower number of guests for hotels still recovering from the crisis.
Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals
In a turbulent financial market, players such as Blackstone are worth tracking because they usually have more wherewithal to invest in hotels than others do.
Hotel Design and Construction Need Radical Innovation
Hotel design can be bland because brands, owners, and lenders aren't incentivized to take risks. Some outside pressure is needed to boost innovation.
HomeToGo Accelerated Its Direct Bookings in the Second Quarter
HomeToGo is among a bevy of newly public companies that vow to get to a semblance of profitability in 2023. They are tired of seeing their share prices pummeled.
Hotel Design Firms: 15 Top Talents
Today’s edition of Skift’s daily podcast looks at 15 hotel designers leading the way, American’s Airlines’ barrier breaking purchase, and business travel bots.