Skift Blog
MARCH 31, 2023
Skift Take: A cut in IPO size to almost half may be significant, but the confidential pre-filing route provides Oyo the flexibility to change primary issue size to almost $900 million. A lot of that will depend on market conditions.
Lodging
MARCH 27, 2023
ATLANTA—Officials of the former Banyan Tree Management announced that the company has relaunched as Aperture Hotels. The new company will continue to provide hotel management services but with an eye on expanding its third-party management portfolio and possible management company mergers and acquisitions. “Historically, we have been seen almost exclusively as an extension of Banyan Investment Group, providing services only for their portfolio,” said Charles Oswald, president and CEO, Aperture H
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Hotel Management
MARCH 29, 2023
Marriott International’s highly anticipated W Sydney hotel is formulating its management team ahead of its October opening with the appointment of three industry leaders. Judd Rabbidge, takes up the position of Hotel Manager, Richard Millar joins as Culinary Director, and Christopher Stedman as Director of Rooms. Rabbidge was previously the Director of Sales and Marketing for W Bali and Director of Sales for One&Only Reethi Rah in the Maldives.
Anthony Cole Training
MARCH 31, 2023
Today's topic: March Madness, the ongoing search for bracket and sales pipeline predictability. The March Madness tournament can be somewhat predictable, but upsets are expected. In the world of sales forecasting, you have the same problem!
Advertiser: ZoomInfo
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Skift Blog
MARCH 31, 2023
Skift Take: Despite the LGBTQ+ community's growing clout in the travel industry, many travelers in the rapidly growing segment still face enormous challenges. Here's a look at how Skift has covered the progress LGBTQ+ travelers have seen as well as the setbacks the group has encountered.
Lodging
MARCH 30, 2023
WASHINGTON—Face-to-face meetings and business travel create measurable benefits for companies and organizations—from increased revenue to lasting and effective professional relationships, according to the U.S. Travel Association. This message will be shared with the U.S. travel industry and meetings professionals around the world on Global Meetings Industry Day (GMID), the annual international day of advocacy showing the value of business meetings, trade shows, incentive travel, exhibitions, con
Hotel Sales Focus brings together the best content for hotel sales and marketing professionals from the widest variety of industry thought leaders.
Are Morch
MARCH 31, 2023
The hospitality industry is a substantial contributor to global carbon emissions. Hotels are among the most energy-intensive buildings, making them ideal candidates for renewable energy adoption. As per the International Energy Agency, renewable energy accounted for 72% of new power capacity added globally in 2020, with solar power being the leading source.
Skift Blog
MARCH 27, 2023
Skift Take: Tourism marketing slogans should stick to their domain when they try to spur locals to civic pride and action: focusing on what makes the destination so great to attract locals and visitors in the first place.
Lodging
MARCH 29, 2023
MCLEAN, Virginia—Hilton announced plans to more than double its portfolio in Puerto Rico, a destination that represents Hilton’s largest collection of hotels in the Caribbean, with seven existing properties encompassing more than 2,350 rooms across four of Hilton’s brands. Hilton’s pipeline of hotels under development in Puerto Rico also represents the largest of Hilton’s Caribbean growth markets by number of hotels.
Hotel Management
MARCH 28, 2023
Hilton is advancing its LGBTQIA+ inclusion efforts across marketing and guest experience through a training program in partnership with Husbands That Travel (HTT). A HTT survey of over 500 LGBTQIA+ travellers in Australia found that 98% have changed their behaviour while travelling to avoid drawing attention to their sexuality or gender, and 60% said it was their default to go back into the closet when they travel.
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!
Social Hospitality
MARCH 29, 2023
Part of growing a business is to spend time, money, and effort on marketing. For large companies, this goal is attainable because they’re more established and can set aside a generous marketing budget. But it’s a different story for small businesses. Fortunately, small businesses can leverage many budget-friendly marketing ideas to get their message across without breaking the bank.
Skift Blog
MARCH 30, 2023
Skift Take: Souvenirs are an essential part of the travel experience, but they still haven't under gone the revolution like other parts of the travel economy. New innovative ways to support local artisans and communities in tourism are still unrealized.
Lodging
MARCH 28, 2023
What initially inspired you to get into the hospitality business? Before joining Stonehill Taylor in 2008, I was working at MTV as a designer. During my time there I was managing the interior design of their Times Square store and I fell in love with the process. This project sparked my passion for the hospitality design industry and has led me to where I am today.
Hotel Management
MARCH 30, 2023
The Ascott Limited’s co-living brand lyf is eyeing its third location in Australia, with a new property in Sydney expected to be announced soon. Almost a year on from the opening of its first Australian property in Melbourne’s trendy inner-city suburb of Collingwood, and with another under construction in Bondi Junction, the brand is exploring further opportunities for growth – in dynamic metropolitan neighbourhoods.
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
Social Hospitality
MARCH 27, 2023
Amazon advertising campaigns are a powerful tool for businesses to promote their products. They allow brands to reach potential customers on the world’s largest online marketplace. Sponsored Products, Sponsored Brands, and Sponsored Display ads are some of the various advertising formats that marketers can use to target customers based on their search terms, interests, and behaviors.
Skift Blog
MARCH 31, 2023
Skift Take: Nothing ventured, nothing gained. Kayak won't be opening any new hotels near you, but still hopes to make a go of building a hotel tech business. That, too, could be a big challenge.
Lodging
MARCH 27, 2023
Like many in the hospitality business, CoralTree Hospitality Group President Tom Luersen grew up in the industry. In his case, that formative experience was a job at the Galt House, a Louisville, Kentucky hotel where his father served as general manager. There, he mowed lawns at 13 and functioned in a managerial role—assistant front office manager—at age 16.
Hotel Management
MARCH 28, 2023
Across from the Ala Moana Center in Honolulu, you’ll find a leading O’ahu hotel that’s headlined by a fantastic infinity pool, spacious suites and one of the best club lounges in town. Welcome to the Prince Waikiki. If you love shopping, ocean views, sunsets, spacious suites, infinity pools, club lounges and sushi, Prince Waikiki should be high on your radar when it comes to choosing an O’ahu hotel for your next Hawaii trip.
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Hotel Financial Coach Blog
MARCH 26, 2023
Click on image to learn more 🔊 Listen to Post A lot has been said about why we have such a labor crisis in hospitality. Some would say it is no wonder because we have forgotten – or better still allowed – the forces that be to drive the agenda around how we invest in and manage our hotels. So how did we get into this mess, what is the solution, and the best part – how can it pay off?
Skift Blog
MARCH 31, 2023
Skift Take: Hotels have an upper hand in the three "Cs" of hospitality — commercial laundry, cleaning staff and a concierge service. The thinking: If they can play to their advantage in pandering to the emerging "bleisure traveler," why not lend that brand experience to vacation rentals?
Lodging
MARCH 31, 2023
What initially inspired you to get into the hospitality business? My interest and experience in telling a story with data is what led me to STR. This is where I really learned the full breadth and depth of the hospitality business and the opportunities in this industry. My first experience in hospitality was when I was teenager working as a hostess, then server, at Ruby Tuesday.
Hotel Management
MARCH 30, 2023
Choice Hotels Asia-Pac has reported a boom in direct online bookings in 2022 ChoiceHotels.com and the Choice Hotels App bookings up 61% on 2021 and 88% on 2019 respectively. Choice Hotels Asia- Pac CEO Trent Fraser called it the “standout” performer in a strong year for the business saying it reflects the investment made in marketing during tough times.
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eHotelier
MARCH 28, 2023
Here's how hoteliers can position themselves to drive revenue, attract more guests, and stay relevant in a rapidly changing landscape.
Skift Blog
MARCH 30, 2023
Skift Take: The startups this week cover a wide range of industries: rideshare, hospitality buying, audio entertainment, hotel restaurant reservations, business travel planning, and travel insurtech.
Lodging
MARCH 29, 2023
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced a new multi-season partnership with Minor League Baseball. The deal makes Wyndham the Official Hotel Partner of Minor League Baseball (MiLB) with its loyalty program, Wyndham Rewards, becoming MiLB’s Official Hotel Loyalty Partner. Wyndham chose Minor League Baseball as the program’s newest partner based on MiLB’s growing popularity, accessibility, and synergies between its guests, particularly its rewards members, and MiLB’s fan base
Hotel Management
MARCH 28, 2023
Sustainability is redefining Accor’s business model and shaping a new way of travel, according to Accor Pacific CEO Sarah Derry. In a bid to better serve its eco-conscious travellers and support its environmental commitments, the business has hired David Young as Chief Sustainability Officer and Director of ESG. A former Global Program Director Sustainability at One World Alliance and previously Executive Manager of Sustainability and ESG at the Qantas Group, Young brings extensive travel indust
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.
eHotelier
MARCH 27, 2023
It’s now possible for hotels to use digital communications technology to intercept guest requests and reviews as they appear. Hoteliers can use this technology to shape their reputation rather than allowing third-party review sites to define them.
Skift Blog
MARCH 30, 2023
Skift Take: The desire for unique, all-access travel experiences continues to come into its own, with movies and TV shows offering an unending source of creativity for travel companies — with the right collaborations sifting the exceptional from the average.
Lodging
MARCH 28, 2023
Less spending on labor has been a big reason why U.S. hotel profit margins have held strong, but that spend is on the rise with labor costs growing at a compound monthly rate of 3.7 percent in 2022. Gross operating profit (GOP) came in at 42.3 percent in 2022, which was 0.6 percentage points higher than 2019. That success in maintaining profit levels can be largely attributed to more efficient operations (i.e., less frequent housekeeping, […] The post Rising Labor Costs: Drivers Include In
Hotel Management
MARCH 28, 2023
After opening six hotels, including a new luxury retreat offering, last year, Swiss-Belhotel International is gearing up for a record 2023. Here, Swiss-Belhotel International Chairman and President, Gavin M. Faull, discusses some of the business highlights from 2022 and reveals the top markets for development in 2023. We opened six hotels in 2022: Maua Nusa Penida in Bali, Indonesia – the first ever ‘Maua’ branded environment friendly luxury retreat; The Scene Cliff View Villas by Swiss-Belhotel
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