Articles tagged “ihg”

CoStar Group faces a consumer class action lawsuit alleging it conspired with luxury hotel operators like Marriott and Hilton to boost room rates artificially.

IHG posted slightly better than expected results with the most publicized part of the release being their intention to give more $1 billion back to shareholders in 2024.

CEO Elie Maalouf pointed to early results suggesting that IHG's recent marketing efforts and brand development work are leading to growth in a virtuous flywheel for the hotel group.

Big travel companies had higher priorities than to share data among one another. That's one of the reasons Journera didn't succeed.

The aggressive increase in the fleet size of airlines is accompanied by rapid expansion of operations. The Indian travel industry is rapidly growing, driven by the middle class.

Today's podcast looks at Alaska's huge financial hit, Oracle's new hotel tech, and IHG's Americas ambitions.

Jolyon Bulley became IHG's CEO of the Americas in July. He aims to bring a “China speed” pace to luxury and lifestyle hotel growth in the group’s largest region.

Voco Monaco Dubai will open in the next few months, putting IHG in charge of a hotel its owners state has previously been challenging to run.

Soneva resorts Chief Executive Officer Sonu Shivdasani's comment is a testament to the fact that tourism industry has taken a hit following India-Maldives diplomatic dispute.

The Middle East’s lofty tourism goals mean a re-think in accommodations. Luxury hotels won’t be enough.