Fri.Jun 07, 2024

article thumbnail

Spirit Airlines Is Not Considering a Chapter 11 Bankruptcy, CEO Says

Skift Blog

Skift Take: Spirit’s CEOs comments come as S&P downgraded the carrier’s credit rating earlier this week, potentially hurting its ability to refinance its debt. The carrier has $1.1 billion in debt set to mature in September 2025.

306
306
article thumbnail

A Lens on Labor: Growing Costs Remain a Setback for the U.S. Hotel Industry

Lodging

Although we are well into the new year, the global hotel industry is still facing many of the same struggles from years past, including staffing shortages. Those shortages are pushing hotels to increase pay and benefits to compete for available labor. When looking at the United States, average hourly earnings for employees in the leisure and hospitality sector are the highest they have ever been—averaging $23.37 in 2023 and hitting $23.86 in January 2024, according […] The post A Lens on L

Hotels 289
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Skift Travel Health Index Shows Strength Heading into Summer 

Skift Blog

Skift Take: The spring travel surge and strong consumer sentiment boosted the Skift Travel Health Index in April 2024. The momentum is expected to continue.

Travel 317
article thumbnail

3 Keys to Increase Customer Acquisition & Deposit Growth

Anthony Cole Training

Working with community banks across the country, we understand that now is an important time to have the right people in the right place, asking the right questions, to address the flow of deposits. In this high interest rate environment, consumers are moving excess amounts from checking accounts to higher yielding CDs and alternative products. This presents problems and opportunities for every bank.

article thumbnail

Don't Let AI Pass You By: The New Era of Personalized Sales Coaching & Development

Speaker: Brendan Sweeney, VP of Sales & Devyn Blume, Sr. Account Executive

Are you curious about how artificial intelligence is reshaping sales coaching, learning, and development? Join Brendan Sweeney and Devyn Blume of Allego for an engaging new webinar exploring AI's transformative role in sales coaching and performance improvement! Brendan and Devyn will share actionable insights and strategies for integrating AI into coaching and development - ensuring personalized, effective, and scalable training!

article thumbnail

Virgin Galactic to Launch Space Tourism Flight as Waiting Lists Grow

Skift Blog

Skift Take: Virgin Galactic joins Blue Origin and Space Perspective in aspiring to make the final frontier open to all who can afford it. That's good news for travel agencies like RocketBreaks.

Tourism 288
article thumbnail

Accor Greater China set to bring Sofitel, Novotel and Novotel Living to Changzhou High Speed Rail New Town

Hospitality Net

Accor Greater China, together with Changzhou High-Speed Railway Town and Changzhou High-Tech Group Co., Ltd., has announced the signing of a multiple property hospitality project in the fast-growing community of Changzhou High Speed Rail New Town. Sofitel Changzhou will bring a French luxury experience, complemented by Novotel Changzhou and a Novotel Living Changzhou extended stay hotel.

More Trending

article thumbnail

ibis Styles opens in Batumi, Georgia

Hospitality Net

The sports-themed hotel is Accor’s first address in Georgia’s Black Sea resort.ibis Styles, Accor’s design-led economy hotel brand, announces the opening of the 121-room ibis Styles Batumi. The newly built hotel is the group’s first address in Batumi, Georgia’s second-largest city and the country’s leading Black Sea resort.

Resorts 277
article thumbnail

Cultural Immersion: The Next Big Trend in Luxury Hospitality

Skift Blog

Skift Take: The luxury travel market is shifting from sheer opulence to authenticity, reflecting a growing demand among affluent travelers for meaningful, culturally rich experiences.

article thumbnail

limehome continues its expansion to the Netherlands: 50 new units in Amsterdam

Hospitality Net

limehome, Europe’s leading technology-based provider and operator of fully digitalized design apartments, is expanding its portfolio in the Dutch capital with a new property in Amsterdam Sloterdijk.

article thumbnail

United Wants to Personalize Your In-Flight Ads

Skift Blog

Skift Take: United is launching its own media network that will use customer demographic data to create more targeted ads and content for passengers.

305
305
article thumbnail

How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

article thumbnail

citizenM launches open call for its inaugural Founders First program

Hospitality Net

citizenM, a hotel brand built for entrepreneurs and creators, today announces the launch of its inaugural Founders First program - an initiative designed to support the growth of small businesses, with a particular focus on underrepresented communities. The launch comes at the same time as the introduction of citizenM’s new co-working benefit, to meet the increasing demand for flexible workspaces and on-the-go solutions.

article thumbnail

Inspirato Appeals Nasdaq Delisting Decision

Skift Blog

Skift Take: This is another proof point that much of the SPAC trend of a few years ago was a dud.

Travel 305
article thumbnail

Playa Hotels & Resorts and Marriott Sign Agreement to Open Paraiso de la Bonita, a Luxury Collection Adult All-Inclusive Resort, Riviera Maya

Hospitality Net

Anticipated to open in late 2024, the property will undergo a conversion process before bringing The Luxury Collection brand to the Mexican Caribbean.

Resorts 264
article thumbnail

Short-Term Rentals Haven’t Fully Caught On for Business Travel, but They’re Getting There

Skift Blog

Skift Take: The uptake of vacation rentals for business travel depends on proving safety and reliability to road warriors and travel managers.

Business 256
article thumbnail

Beyond the Basics: How to Develop and Retain a Top-Performing Sales Team

Speaker: Brendan Sweeney, VP of Sales at Allego

Maximizing sales rep performance is no easy task. 📈 Traditional sales training methods focus heavily on the first few weeks in the sales role. Companies dedicate time, resources, and budget to onboarding new hires, only for them to forget what was learned in those first few weeks, lose motivation, and struggle to come to grips with their role.

article thumbnail

Dusit International signs to manage dual-branded luxury resort and residences in Phuket – Dusit Collection and Dusit Residences Layan Verde

Hospitality Net

Slated to open in 2027 on the island’s west coast, the new luxury Layan Verde development aims to become an iconic destination that caters not only to guests and residents but also to the broader island community.

Branding 275
article thumbnail

Virgin Galactic to Launch Second Space Tourism Flight as Waiting Lists Grow

Skift Blog

Skift Take: Virgin Galactic joins Blue Origin and Space Perspective in aspiring to make the final frontier open to all who can afford it. That's good news for travel agencies like RocketBreaks.

Tourism 218
article thumbnail

Elevating guest experiences: Mastering the art of saying no

Hospitality Net

In the hospitality industry, the mantra "the customer is always right" has deeply rooted itself, shaping guests’ expectations and fostering a culture where saying no to guests seems almost taboo. The relentless pursuit of customer satisfaction, underscored by the industry’s dedication to meeting and surpassing travelers’ desires, has made saying no a delicate art.

Travel 246
article thumbnail

Travel Companies Push for Smoother Payments: Startup Funding Roundup

Skift Blog

Skift Take: Consumers are pushing payments for travel into the digital age as they demand smoother options.

Travel 257
article thumbnail

ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

article thumbnail

Hospitality is the Family Business at Tru by Hilton Ashburn One Loudoun for Vinay & Jai Patel

Hospitality Net

My entire life I’ve been surrounded by the hospitality industry, said Jai Patel, current assistant general manager of Tru by Hilton Ashburn One Loudoun in Ashburn, VA.

article thumbnail

AHLA: U.S. Hotels Add 700 Jobs in May, Workforce Shortage Continues

Lodging

WASHINGTON—The American Hotel & Lodging Association (AHLA) reported U.S. hotels added 700 jobs to their payrolls in May, according to the latest government data that shows the nationwide workforce shortage continues to make it difficult for hotels to fill open jobs. Total hotel employment stands at about 1.92 million according to the Bureau of Labor Statistics.

Hotels 173
article thumbnail

Everhome Suites Expands Presence in the Northeast with Three New Groundbreakings in New Hampshire, New Jersey, and New York

Hospitality Net

Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, continues to expand its Everhome Suites brand with recent groundbreakings in Portsmouth, New Hampshire; Rochester, New York; and Somerset, New Jersey, developed in collaboration with Highside Companies. The extended stay demand fundamentals make these locations an ideal fit for the Everhome Suites midscale brand, catering to both business and leisure travelers.

Pipeline 246
article thumbnail

CoStar: Memorial Day Impacts U.S. Weekly Hotel Performance

Lodging

WASHINGTON—Due to Memorial Day, the U.S. hotel industry reported lower performance results from the previous week but slightly positive comparisons year over year, according to CoStar’s latest data through June 1, 2024. U.S. Hotel Performance May 26-June 1, 2024 Percentage change from comparable week in 2023:Occupancy: 62.0 percent (up 0.9 percent)ADR: $150.87 (up 0.1 percent)RevPAR: $93.50 (up 1.0 percent) Among the Top 25 Markets, New Orleans saw the highest year-over-year occupancy lift (up 1

Occupancy 147
article thumbnail

Diving into Diversity: Decoding the Foundations of Inclusion in Hospitality Talent Acquisition

Speaker: Lauren Fernandez - CEO & Founder, Full Course

Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i

article thumbnail

New Lifestyle and Extended Stay Platform AENDRE Group Secures Financial Backing

Hospitality Net

AENDRE Group, a real estate platform focused on the development and conceptualisation of lifestyle aparthotels, has launched with backing from newly formed private equity firm JuneX Capital Partners, and co-investor New End, to execute on its strategy of creating and scaling disruptive hospitality brands.

article thumbnail

Resolute Road Hospitality to Manage Residence Inn by Marriott Boise West

Lodging

BOISE, Idaho—Resolute Road Hospitality announced a strategic partnership with Virga Capital to manage the Residence Inn by Marriott Boise West. This addition expands Resolute Road’s management footprint in Idaho, where it already manages hotels in Boise, Twin Falls, and Coeur d’Alene. The 104-key property is located near Boise State University, Boise Towne Square Mall, Boise Airport, Downtown Boise, and Micron Technology Inc.

article thumbnail

The FHS Podcast: The Transformative Growth of Tourism in Saudi Arabia

Hospitality Net

The two leading women executives in hospitality discuss the critical Saudi traveller, the phenomenal growth of tourism in the region supported by data and how as the tourism industry booms in the region, it opens up a host of opportunities to set new benchmarks by challenging the status quo and bringing more women to the front.

Tourism 244
article thumbnail

The Access Group Acquires SHR

Lodging

LONDON—The Access Group added SHR to its AI-powered end-to-end platform for hotels. Access will pair SHR’s capabilities with those of Guestline, a property management software (PMS) with customers across DACH and Europe, which it acquired last year. SHR’s 2,000 hotel customers will join Guestline’s 3,000 properties, with all clients of the Access Hospitality division.

Marketing 147
article thumbnail

ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

article thumbnail

Pyramid Global Hospitality Announces Management Acquisition of Four Iconic Resorts in First Five Months

Hospitality Net

Pyramid Global Hospitality, the powerhouse hospitality company behind inspired collections like Benchmark Pyramid Luxury & Lifestyle and Hamilton Pyramid Europe – is pleased to announce the bicoastal expansion of its U.S. portfolio with the addition of four esteemed resorts spanning from the vibrant deserts of Arizona to the sunny shores of Florida.

Resorts 202
article thumbnail

Red Roof Promotes Lisa Jordan to Vice President of Marketing

Lodging

COLUMBUS, Ohio—Red Roof promoted Lisa Jordan to vice president of marketing. With nearly 20 years in the hospitality industry, Jordan joined Red Roof in 2021 to lead an integrated digital marketing team. Her leadership has spanned the company’s digital platforms from web to advertising to social media. She played a role in enhancing Red Roof’s website and collaborated with communication, sales, revenue management, and operations to create an improved customer experience and drive revenue.

Market 147
article thumbnail

Travelodge opens collection of new hotels in Spain as hotel chain continues its expansion

Hospitality Net

Travelodge, the UK’s first budget hotel brand which operates over 600 hotels across the UK, Ireland and Spain, continues its Spanish expansion and has today announced the opening of five new Travelodge hotels; Alicante Puerto, Barcelona del Valles, Madrid Alcala de Henares, Malaga Aeropuerto and Murcia, totalling 635 rooms.

Hotels 202
article thumbnail

Venice’s Tourism Fee Success, Slower Hotel Growth and New Vacation Rental Markets

Skift Blog

Skift Take: Today's podcast looks at Venice's tourist fee, slower growth for hotels, and new markets for vacation rentals.

Market 167
article thumbnail

A Buyer’s Guide to Future-Proofing Your Restaurant Tech Stack

The race to 100% digital is on. With the restaurant industry still in the early innings of its digital transformation, brands need an airtight strategy when it comes to building out their tech stack. Download the buyer’s guide to learn where to prioritize your efforts and get the most out of every investment.