Thu.Feb 20, 2025

article thumbnail

JLL Report Shows Growth for Select-Service and Extended-Stay Segments

Lodging

CHICAGOJLL’s Hotels & Hospitality Group released its U.S. Select-Service and Extended-Stay Hotel Outlook 2025 report, providing an assessment of recent market trends and the sectors investment appeal, evaluating its potential to remain a strong investment option. The report shows the sector’s growth, with RevPAR reaching a record high of $78 in 2024, 14 percent above 2019 levels, as well as demand surging by 232,000 room nights year-over-year, nearly fully recovered from 2019.

Services 248
article thumbnail

Spirit Airlines Cleared to Exit Chapter 11 Bankruptcy

Skift Blog

Skift Take: A U.S. bankruptcy judge approved Spirits restructuring plan to emerge from bankruptcy as a private company, just a week after the ultra-low-cost carrier rejected Frontiers proposal for a merger.

307
307
Insiders

Sign Up for our Newsletter

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

article thumbnail

MGM Resorts Deploys Amadeus CRS Across North American Portfolio

Lodging

MGM Resorts International has completed the deployment of the next-generation Amadeus Central Reservation System (ACRS) across MGM Resorts North American hotels, including Las Vegas and regional hotels. The cloud-based ACRS offers distribution capabilities enabling MGM Resorts to connect with its branded and third-party distribution channels. MGM Resorts and Amadeus have also cooperated on several ACRS capabilities, including those supporting MGM Resorts’ business partnerships.

Resorts 147
article thumbnail

Booking Holdings Downplays Concerns That Agentic AI Platforms Will Displace It

Skift Blog

Skift Take: Are generative AI platforms going to make Booking Holdings irrelevant? That's unlikely. The real issue is to what extent the company's economics may suffer.

Travel 302
article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

Exclusive: hospitality trio unite to form white-label management group

Hotel Management

Seasoned hospitality executives Gadi Hassin, Lisa Zakharka and May Pendraat Kredner have joined forces to introduce a global hospitality management company specialising in experiential lifestyle hotels and hostels for todays digital nomads. Helios Hospitality Management launches with operations in Thailand and Portugal, having secured its first investment, and plans to expand its portfolio to 1,000 rooms under management within the coming year, with eyes on Central and South America, Southeast A

article thumbnail

Accor's Two-Track Strategy: Luxury for Growth, Economy for Profit

Skift Blog

Skift Take: Skift spoke with Group Deputy CEO Jean-Jacques Morin about Accor's strategic pivot in key areas, such as why half of its new hotels will be in Asia this year.

Hotels 284

More Trending

article thumbnail

Tripadvisor's Perplexity Deal: AI for Customer Acquisition Is Now a Thing in Travel

Skift Blog

Skift Take: The emergence of AI platforms such as Perplexity, ChatGPT and others could see the travel industry redirect a huge chunk of marketing spend away from Google. Although Google has its own entrant, Gemini.

Travel 280
article thumbnail

Sonesta Essential Blue Springs Opens in Overland Park, Missouri

Lodging

NEWTON, MassachusettsSonesta International Hotels Corporation announced the opening of Sonesta Essential Blue Springs, an 83-room, upper-midscale hotel in Overland Park, Missouri. The hotel is close to attractions such as the Overland Park Convention Center, Oak Park Mall, the Museum at Prariefire, and the Midwest Trust Center. Our expansion into Overland Park demonstrates our progress towards strengthening our franchising network and solidifying our presence in key markets, said Keith Pierce, S

Closing 147
article thumbnail

Choice Has Dumped Hundreds of Budget Hotels in Upscale Strategy Shift

Skift Blog

Skift Take: Choice Hotels has been abandoning its roadside motel roots for more lucrative upscale and extended-stay properties. That means ice machines are out, and Instagrammable lobbies are in.

Motels 195
article thumbnail

How to Maximize Conversions through Your Hotel Online Booking Engine

Webrezpro

A seamless and intuitive online booking process is key to increasing direct bookings through your propertys website. Choosing a modern, secure, and mobile-friendly online booking engine (OBE) is just the first stepoptimizing it for conversions is where the real magic happens.

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!