The hospitality industry in general might be moving towards the mid-market segment, but The Oberoi Group is leaning hard into the luxury space, encouraged by growing middle class and high net worth travelers.
Minor International plans to float an real estate investment trust (REIT) in mid-2026. That will be a key way for the hospitality group to slash its hotel ownership.
IndiGo is doing what it does best - going all out to be the first to fill a gap. And this time, it is not just driven by ambition but also by the need for more foreign currency in its coffers.
Hospitality businesses and meeting industry charities have jumped in to help unemployed government workers and families whose SNAP benefits are on hold — including some in their own industries.
Europe’s small hotels are still catching up on digital tools. Amenitiz’s latest funding shows how AI could help them narrow the gap with larger players.
Paytm’s latest move highlights how tech players in India are blurring the lines between industries to drive profitability with the help of AI. But it remains to be seen whether Paytm’s strong user base will give it an edge over online travel agencies.
Marriott’s abrupt termination of its licensing deal with Sonder has sent shockwaves through hospitality and finance circles alike. For Sonder, this collapse now marks the end of its operations entirely, with the company confirming an immediate liquidation. For Marriott, it raises hard questions about risk, diligence, and the future of its extended-stay strategy.
Airbnb has a big opportunity in hotels. But CEO Brian Chesky makes it all sound a little too easy. It's not a big investment, he said, and Airbnb won't have to spend a lot on marketing for it. Signing up hotels? Not a problem — they have phone numbers.