Hotels

European hotels are increasingly turning away group business in favor of more lucrative FIT bookings, which may have long-term repercussions on their relationships with tour operators. Experts warn that this strategy could backfire when post-pandemic travel demand eventually cools down. Robert Cole, a senior research analyst at Phocuswright, emphasizes that this shift is driven by
Wyndham Hotels & Resorts has recently announced a strategic partnership with Decameron Hotels & Resorts, based in Colombia, to enhance its all-inclusive offerings. Through this collaboration, Wyndham has integrated nine midscale resorts into its all-inclusive portfolio, showcasing a significant expansion in this segment. Notably, four of these properties have been incorporated under Wyndham’s Ramada brand,
Airbnb has recently introduced its Icons category, featuring unique experiences such as a living room performance by Grammy-winning artist Doja Cat and an overnight stay hosted by Bollywood royalty Janhvi Kapoor in India. This new category builds upon the success of limited-edition themed stays in the past, such as Barbie’s Malibu DreamHouse and Shrek’s Swamp
The travel industry is constantly evolving, with new technologies and platforms revolutionizing the way people book their trips. One such innovation comes from Preferred Hotels & Resorts, who recently announced the upcoming launch of a portal specifically for travel advisors. This portal aims to streamline the booking process and provide a user-friendly platform for advisors
Hyatt Hotels Corp. has experienced a significant increase in business travel demand in 2024, according to the company’s president and CEO Mark Hoplamazian. The first-quarter revenue from the business travel sector was up 6% year over year, with some segments showing even higher growth. This positive trend is a clear indication that business travel is
After the failed hostile takeover of Wyndham Hotels & Resorts, Choice Hotels International is reevaluating its M&A strategy. During the recent earnings call, CEO Patrick Pacious hinted at the possibility of revisiting the merger in the future. However, he emphasized that the decision would ultimately rest with Wyndham shareholders. Pacious expressed confidence in the strategic
The recent Disney earnings call highlighted the significant potential for growth within the Disney Cruise Line segment. CFO Hugh Johnston emphasized the “enormous” opportunities that lie ahead for the cruise business, pointing to the high guest satisfaction scores it consistently receives. He elaborated on the upcoming Disney Treasure and Disney Adventure ships, as well as
Expedia Group is commemorating Global Travel Advisor Day by hosting a series of events in May for members of Expedia’s Travel Agent Affiliate Program. This initiative comes as part of the efforts to continuously update travel advisors on new features and improvements. The Travel Agent Affiliate Program (TAAP) has been established for about 15 years,