Hotels & Travel Industry Trends
How much will hotel companies pay OTAs (online travel agencies) and similar third-party distributors this year? That was the thought-provoking question raised on Thursday by Max Starkov in a LinkedIn post. “In 2023, hoteliers will pay the top OTAs and bed […]
Langham Hospitality Group is a global luxury hotel company with 25 luxury hotels and 7 other hotels. Some context: Langham Hospitality has been profitable so far this year. In September, Bob van den Oord became CEO of Langham Hospitality. I interviewed him on Thursday to […]
Hilton said Monday it’s taking steps to streamline how small- and medium-sized businesses book and manage billings for business travel and small-group meetings and events. The hotel giant has quietly opened a waitlist for Hilton for Business, a platform to simplify how […]
Founded in 1939, Choice Hotels International has evolved from a small chain of roadside hotels to one of the world’s largest hotel franchisors. Tracing its roots to its original name, Quality Courts United, Choice has established itself as a prominent player through acquisitions and […]
This week in Mumbai, Air India Express unveiled its brand new look on a brand new Boeing 737–8 aircraft. The message was clear: A break away from its staid image as a sleepy subsidiary no one talks about. The airline’s […]
Choice Hotels CEO Pat Pacious is ready to book a stay inside the boardroom of budget hotel rival Wyndham to conduct some due diligence. Pacious told Yahoo Finance Live on Thursday his company’s offer to buy Wyndham is strong and […]
Premier Inn’s owner Whitbread said on Wednesday that a shrinking supply of budget hotels in the UK will strengthen its pricing power for years to come. Premier Inn, with 84,000 rooms, is the budget hotel leader in the UK. It said in a […]
During the third quarter, Seattle-based Alaska Airlines earned a 12% operating margin (excluding special items), boosted by strong premium demand, contributions from its loyalty program, and growing revenue from its many airline partnerships. Still, the airline’s performance fell short of […]
As the digital shift accelerates, there’s no room for half-measures in guest experience strategies. No longer is it sufficient for hotels to offer a bed and a breakfast — today’s travelers demand seamless, tech-enabled experiences from the moment they start […]
This week Choice Hotels publicly offered to acquire Wyndham Hotels & Resorts following months of private discussions between the two companies. This was pretty exciting in itself, with the last major M&A deal in the hotel industry being the Starwood-Marriott merger in […]