Articles tagged “ihg”

Carbon reduction is gaining importance for stakeholders, and reporting is getting better amongst the largest hotel companies. Skift Research compares the emissions of six global chains to determine which is best positioned to become carbon neutral over the coming decades, and which are falling behind.

Even short-term headwinds in China's hotel recovery from the pandemic isn't deterring global hotel companies from flooding the market with new developments.

The CEOs of some of Marriott's biggest rivals remembered the late Arne Sorenson as a friendly competitor with empathy and mentorship that extended well beyond his own company.

IHG leaders still think their portfolio, heavily focused on mid-priced brands like Holiday Inn Express and the newer Avid Hotels, is more resilient than the competition. The financial figures back their claims.

A less unsung story than China's growth is how the pandemic has made the rest of Asia-Pacific a gold mine for chains. Opportunities for conversions and franchising appear at their strongest ever. But the best thing? Owners with a new mindset.

Service Properties Trust has to do what’s best for shareholders, and maybe that includes severing ties with Marriott and IHG. But don’t rule out a business traveler rebound, especially with a vaccine looking more likely in the new year.

Revenue improved for IHG in the third quarter, but there is still too much weakness in the travel economy (and IHG's own portfolio) to call this a win.

In Skift's top stories this week, we covered Sonesta's rapid growth at the expense of Marriott and IHG, Asia's travel recovery, AirAsia's digital transformation, and Southwest's business travel strategy, among others.

It only takes a little momentum for a snowball growth effect to transpire, and the unlikely Sonesta seems to have plenty of it to hit an extraordinary five-year growth goal.

In Skift's top travel stories this week, travel industry leaders are outraged about the Congressional impasse over additional relief monies, Skift Research captured the impact of the pandemic in one GIF, hotels are partnering with co-working companies, and various companies are advocating for digital health passports.