Some hoteliers that cater to Gen Z see many of today's young people spending a larger share of their discretionary income on travel than Millennials did.
Generator Group has completed a refinancing deal worth approximately $805 million (€750 million) with new and existing lenders across Europe and the US. Generator Group, which owns or runs 21…
Today’s edition of Skift’s daily podcast looks at the hotel CEO ready to move on from remote work, Etihad Airways’ first female pilot, and what the new generation of hospitality workers are looking from from employers.
Generator makes an intriguing case that there's an opportunity to target well-off millennial travelers looking for distinctive places to stay in cities where budget hotels with buzzy bars are scarce.
Hostels and micro-hotels have been sexy again for the last few years. Sydell Group and Ron Burkle are cashing in as Generator works to move away from its hostel roots and into the wider world of boutique hospitality.
Money is flowing into the hostels market and established hotel companies want a piece. Will this new corporatization cost hostels the soul of their original mission?