Cendyn, a software company that offers customer relationship management, digital marketing, and operations tools to hotels, has hired a new chief executive.
In an era today when investors place a high value on profitability, our oral history of short-term rentals includes regrets from those who were too risk-averse to grab an opportunity.
We know the travel industry will surprise us in 2023. That's one thing that's certain. These envelope-pushing prognostications are just our way of getting ready for the unexpected. We had fun coming up with these, and hope you read them in that same spirit.
Hilton CEO Christopher Nassetta praised the Middle East for its commitment to boosting tourism, and he explained at the recent Skift Global Forum East why public-private partnerships are critical in improving tourism infrastructure.
Viceroy may be able to accelerate its growth and brand awareness given Highgate's scale and track record. Of course, that is if Highgate can execute well after the deal closes.
Independent short-term rental software startups have done well during the post-pandemic travel boom, but the market is starting to get tougher, so they would do well to tighten their business plans and expand their assets.
Hilton's brand development formula is working. Never say never on acquisitions, but Nassetta doesn't want to be distracted by disadvantages inherited from rivals.
Sam Shank and HotelTonight had a significant impact on the travel industry's competitive landscape. We picked 15 pivotal events that helped to define Shank's legacy as co-founder and CEO as he embarks for a new journey elsewhere.