Articles tagged “hotels”

With hotel supply struggling to keep up with surging demand in India, room rates will go up. It's simple economics: less availability, higher prices. Get ready for a bump in your next hotel bill!

Backed by visa-waivers and increasing spending power, Indians are now playing a key role in the Southeast Asian tourism market.

Domestic demand in the form of weddings, business travel and MICE is leading to record occupancy levels in the Indian hotel industry. However, lack of foreign arrivals continues to be a sore spot.

As Nepal is ramping up its tourism efforts through religious destinations, MICE and weddings, Sarovar aims to capitalize on the key tourist market: Indians.

In major hospitality news, Hyatt is in talks to acquire Playa Hotels & Resorts, Despegar has agreed to a $1.7 billion buyout by Prosus, and a Skift Research report suggests hotel websites could surpass OTAs by 2030 – or maybe not.

To find the most pure version of hospitality, travelers are increasingly looking to family-owned properties. Owners take a longer view of stewardship and care more about craft and making the right decisions, and not just the most expedient, profit-friendly ones. 

Indian mid-market hotel brands are dominating the smaller cities due to their flexibility. However, they still have a long way to go in Tier-1 regions.

Today's podcast looks at quiet luxury, hotels' upgraded booking technologies, and the popularity of cooler destinations.

Hilton’s strategy puts China and Southeast Asia front and center, but its sharpened focus on India signals a broader ambition. The brand is doubling down on Asia Pacific’s booming economies and growing middle class.

In this report, Skift and Minor Hotels examine the asset-light versus asset-heavy models and introduce a hybrid approach that combines the benefits of both models to suit diverse market conditions and business needs.