Articles tagged “mcr development”

Good morning from Skift. It's Thursday, May 12, in New York City. Here's what you need to know about the business of travel today.

It's clear that when Covid outbreak spikes diminish, travel will not revert to precisely how it was before. There will be winners and losers when cities and borders reopen.

Perhaps the big hotel chains will learn that high tech doesn't have to mean a lack of hospitality and a guest experience devoid of personality.

Recent moves by MCR, JL Capital, Indian Hotels Company, and Generator show how developers pry their hotels into built-up destinations.

It’s never been easier to start a travel tech business, but it’s also never been trickier to scale one. Former equity analyst Tom Underwood became the CEO of Stayntouch because he believes the startup can defy the odds.

Major real estate and investment groups like Blackstone and MCR Hotels will garner the most headlines around hotel acquisitions coming out of the pandemic. There's simply not enough brands out there for a company like Marriott to make a splash on the M&A front.

Luxury and lifestyle hotels may be the shiniest assets in a hotel company’s portfolio, but investors want to be where the travelers are. That means pumping money into more affordable offerings like Hilton’s Tru, IHG’s Holiday Inn, and Marriott’s Fairfield Inn — all concepts that snapped back fast from the pandemic.

Watch a full session from our recent online event devoted to hotels and hospitality, and post-pandemic marketing strategy and planning.

This investment gives hotel tech firm StayNTouch a chance to regain its footing. It comes after six months of uncertainty due to the Trump Administration's forced sale.

The mixed reviews of the TWA hotel on social media are not uncommon for a property that — let's face it — opened too early. What will keep customers coming, however, is the chance to experience a nostalgic hotel design that will hit home with travelers.