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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.

Hyatt Adds Outdoor Resort Brand Under Canvas in Loyalty Licensing Deal

Airlines

American Airlines Seeks to Repair Travel Agency Ties After Direct Bookings Strategy

American reintroduced its fares to the channels where travel agencies want to book them, and Isom acknowledged their absence was their biggest "pain point." The airline, too, will be feeling pain for some time.

American Airlines Seeks to Repair Travel Agency Ties After Direct Bookings Strategy

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.

Wyndham Sees Tech Upgrades as Driving Higher Hotel Profits

Cruises

Royal Caribbean: Expect Higher Cruise Prices and More Expansion in China

Royal Caribbean Group executives are confident that their return to China will pay off in the long-run.

Royal Caribbean: Expect Higher Cruise Prices and More Expansion in China

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.

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

Skift Meetings

Informa Offers $1.6 Billion to Buy Ascential, Looking to Grow Lions and Money20/20 Brands

Event and publishing giant Informa has big plans to expand into the marketing and financial technology verticals.

Informa Offers $1.6 Billion to Buy Ascential, Looking to Grow Lions and Money20/20 Brands

Tourism

Barcelona to Drop ‘Visit’ Slogan, Wants to ‘End Global Call’ for Tourists

Barcelona is pivoting away from mass to quality tourism promotion in the wake of local outrage and pressure.

Barcelona to Drop ‘Visit’ Slogan, Wants to ‘End Global Call’ for Tourists

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.

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.

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

Airlines

American Airlines Profits Sink 46% as It Recovers From Direct Booking Blunder

American’s profits declined 46% in the second quarter as it reels from a controversial direct selling strategy and an imbalance in domestic seats.

American Airlines Profits Sink 46% as It Recovers From Direct Booking Blunder

Airlines

Southwest Sees Major Dip in Profits as It Vows to Make ‘Urgent’ Changes

Southwest’s profits decreased by 46% as it looks to make changes to its business model to boost its bottom line.

Southwest Sees Major Dip in Profits as It Vows to Make ‘Urgent’ Changes