Articles tagged “ihg”

Hotel booking trends have shifted to much smaller gaps between making a reservation and check-in during the pandemic. That's a forecasting headache for labor and costs, even if you are focused on the stronger drive-to travel sector like IHG.

Covid-19 is the turning point for the hotel industry to unplug, simplify structures, and redesign roles, which can all make it more attractive to future talent.

Don't count the major brands out quite yet, but Sonesta's growth continues to fly in the face of industry belief that hotel owners will flock to bigger brand franchise agreements during the pandemic recovery.

There's an element of hopeful thinking from Keith Barr, who's adamant that China is proving there's life yet in the hotel sector.

Voco is yet another branded opportunity for independent hoteliers looking for increased distribution, but IHG has to find ways to make the brand stand out in the crowded upscale, lifestyle hotel space.

Companies that raised money before the crisis are sailing through it. Look at Groups360, which got $50 million from Marriott International, IHG, Accor, and Hilton a year ago, and has grown since.

IHG’s loss stands to be the first in several gains for Sonesta if the hotel company continues to partner with its lodging trust investor on pandemic-related investment and rebranding opportunities around the world.

Billions of dollars in revenue are at stake next year, even once a dire 2020 is out of the way.

In coronavirus-related travel stories this week, Skift looked at the shifting lineup in Google vacation rentals, Airbnb's ambitions, what a prospective merger between IHG and Accor might look like, and how Croatia's tourism experiment is working out.

Another day, another rumor that Accor and IHG will combine forces. But even a successful merger is unlikely to send the hotel industry into a wave of consolidation due to so many other distressed deals expected during the pandemic recovery.