Hotel News

Extensive coverage of news stories specifically curated for travel industry professionals seeking to stay informed about the latest developments, trends, and opportunities in the global hotel sector. The archive provides a comprehensive overview of the industry, covering various aspects of hotel management, operations, guest experience, and marketing. In-depth analysis and expert opinions are presented by Skift editors and contributors, examining the challenges and opportunities faced by hoteliers in different regions and market segments. The archive also highlights the influence of global events, regulations, and changing traveler preferences on the industry.

Get even more news about the business of hotels at Daily Lodging Report.

Hotels

Hyatt Adds Outdoor Resort Brand Under Canvas in Loyalty Licensing Deal

For Hyatt, a marketing tie-up with Under Canvas represents a strategic expansion into the booming outdoor resort sector, catering to travelers seeking posh stays in natural surroundings.

Sean O'Neill | 6 hours ago

Hotels

Wyndham Sees Tech Upgrades as Driving Higher Hotel Profits

Wyndham said its RevPAR (that's hotel-speak for "how much money we make per room") might be flat this year, but its EBITDA (that's finance-speak for "profits, kinda") was still looking good. The hotel franchisor partly chalked that up to an improved tech game that has helped it boost margins.

Sean O'Neill | 10 hours ago

Wyndham Sees Tech Upgrades as Driving Higher Hotel Profits

Hotels

Accor Cites Strength in India and Business Travel, Dials Back Olympics Forecast

Accor, the Paris-based hotel giant, predicts robust bookings and strong pricing power in the second half. Its executives aren't losing any sleep over airlines like Ryanair complaining about softening airfares.

Sean O'Neill | 12 hours ago

Accor Cites Strength in India and Business Travel, Dials Back Olympics Forecast

Daily Lodging Report

Chinese Hotel Chains Expand into Southeast Asia

Domestic Chinese hotel chains are expanding internationally, with notable investments in Malaysia, Japan, South Korea, and Southeast Asia, driven by the rising number of Chinese travelers.

15 hours ago

Hotels

Land Values Are Soaring in Ras Al Khaimah on Hopes of Legal Casinos

Just a few years ago, it was a floating patch of dirt with a few hotels. Now, Marjan Island is a place people are betting their life savings, and that's even before the casino is open.

Josh Corder | 15 hours ago

Land Values Are Soaring in Ras Al Khaimah on Hopes of Legal Casinos

Daily Lodging Report

Timeshare and Casino Earnings Spook Investors

Investors are concerned as Travel + Leisure Co. and Red Rock Resorts reported modest or solid earnings but saw stock declines, reflecting nervousness and a shoot-first-ask-later mentality on Wall Street.

1 day ago

Daily Lodging Report

H World Reveals $2 Billion Shareholder Return Plan

H World Group approved a three-year, $2 billion shareholder return plan, including dividends and repurchases, effective from July 23.

2 days ago

Daily Lodging Report

Los Angeles’ Trio of Grafitti’d Hotel and Condo Towers Gets a Bidder

A stalking-horse buyer has offered $500 million for the abandoned Oceanwide Plaza in Downtown Los Angeles, which includes a partially built Park Hyatt hotel.

2 days ago

Los Angeles’ Trio of Grafitti’d Hotel and Condo Towers Gets a Bidder

Business Travel

5 Fastest-Growing U.S. Business Travel Markets: Amex Hotel Data

Business travel is back, but Princeton, N.J., led U.S. markets in doing better than others, according to American Express.

Sean O'Neill | 2 days ago

5 Fastest-Growing U.S. Business Travel Markets: Amex Hotel Data

Daily Lodging Report

Japan Considers Lodging Tax to Address Tourism Surge

In Japan, local governments are considering and implementing lodging taxes to manage overtourism, despite opposition from hotel businesses fearing loss of guests to neighboring areas.

3 days ago