The Ultimate Land Rover Defender Camping Setup
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05 May
Tag Archives: travel
05 May
What Hilton, Hyatt and IHG Could Reveal This Week on Development Deals 🔒
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Skift Take: Hotel companies with a strong focus on leisure and drive-to properties are going to show the strongest development numbers this cycle, but don’t expect a massive downturn in construction from even the more business-oriented brands. Real estate is a long-term play.
05 May
Hotel Brands Want to Be in Mexico But Investors Look Elsewhere
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Relatively strong pandemic performance in Mexico may attract brands, but investors want the discounted pricing that comes with a troubled asset. Michelleraponi / Pixabay
Skift Take: The large supply of independent hotels in Mexico is a massive opportunity for companies like Marriott and Hilton to quickly beef up their portfolios without the drawn-out process of new construction. Investors, however, will likely favor markets that performed worse during the pandemic.
05 May
What Will the New Wave of Boutique Hotels Look Like?
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The unique boutique property called The Courts near Palm Springs, California. The Courts
Skift Take: Answers about the future look of boutiques might be seen in a new crop of hyper-specialized properties that map design to hyper-specific interests and communities.
05 May
Sonder to Go Public at $2.2 Billion Valuation as Short-Term Rental Sector Stays Hot
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Sonder reached a valuation of $1.3 billion after a funding round last year. Sonder
Skift Take: The quasi-hotel company has announced a deal with Gores’ special purpose acquisition company.
05 May
Wyndham Returns to Profits on Swelling Domestic Demand in U.S. and China
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Wyndham reported a $29 million first quarter profit thanks to strong domestic demand in the U.S. and China. Wyndham Hotels & Resorts
Skift Take: Many hotel companies shouldn’t expect to replicate Wyndham’s early financial success. Global companies like Accor and Hyatt have to grapple with business-oriented hotels in urban markets — areas which are still struggling from pandemic restrictions.
05 May
Behind Dallas-Fort Worth’s Grand Goals to Be the Greenest Airport on the Planet
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Dallas Fort Worth airport saves energy with Dynamic Glass DFW Airport / DFW Airport
Skift Take: Sustainability is not a chore. Done correctly, it can save millions for airports and reduce their carbon footprints.
05 May
Airlines Are Gearing Up For a Surge in Transatlantic Travel
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Virgin Atlantic Boeing 787 Dreamliner flying transatlantically over water on the approach to land. Bill Abbott / WikiMedia
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Skift Take: As countries in Europe prepare to open their borders to vaccinated Americans this summer, airlines are seeing a spike in demand for travel. But the industry’s focus needs to be on having sufficient manpower to verify proof of vaccinations prior to boarding.