[ad_1] OYO parent company Oravel Stays is acquiring budget accommodation specialist G6 Hospitality for $525 million from Blackstone Real Estate. G6 is the franchisor and parent company of Motel 6 and Studio 6 brands with a network of about 1,500 properties across the United States and Canada. In 2019, India-based OYO launched in the U.S. […]

[ad_1] Skift Take As hospitality, technology, and sustainability start to blend, Elivaas is showing how luxury travel could be redefined. But a lot rides on how the brand handles the challenges, especially in India. Peden Doma Bhutia Elivaas, a tech-driven luxury villa and apartment management Indian startup, has secured $5 million in a funding round […]

[ad_1] Loyalty is one of the most desired – and elusive – elements of a marketing strategy for travel sellers.  Airlines and hospitality companies in particular strive to become the brand of choice for consumers booking flights and stays, and they reward those repeat customers by offering them the chance to earn and burn points […]

[ad_1] Skift Take Tripadvisor’s challenge is that it is no big deal these days to see a static image of someone who wrote a hotel or experiences review. Many people are accustomed to scrolling TikTok instead. Dennis Schaal This isn’t the old Tripadvisor, the one where the company was dependent on metasearch and chasing advertising […]

[ad_1] Hotel loyalty programs often bring to mind points and – eventually – a free night in a member property. But Anthony Capuano, CEO of Marriott International, believes the company’s loyalty platform can go far beyond traditional expectations. “As I tour around the world and talk with our teams, one of the questions I’ll often […]

[ad_1] Skift Take The IPO is a big deal for The Leela Hotels and could pave the way for more investment in luxury tourism just as demand for premium travel is booming. Peden Doma Bhutia Schloss Bangalore, the luxury hospitality group behind India’s The Leela Palaces, has filed for a massive $599 million (INR 50 […]

[ad_1] One of Robert Rosenstein’s biggest concerns is that artificial intelligence, like all new tech, will increase the gap between the haves and have-nots. “We experienced this with search and marketing – the big companies who could afford to spend versus the small who couldn’t. To really take advantage of AI, you need significant engineering […]

[ad_1] Skift Take Airbnb CEO Brian Chesky gave a talk that led to some controversy in Silicon Valley. He clarified his thoughts in one area and doubled down in another. Justin Dawes Airbnb CEO Brian Chesky believes that a lot of business leaders don’t understand their companies, and that’s a problem.  Chesky spoke about the […]

[ad_1] Brian Chesky is far from slowing down at Airbnb. The 43-year-old co-founder and CEO of the short term rental giant sees his company evolving to new heights. “We’re not an OTA. We do not do alternative accommodations. Alternative accommodations is what Booking.com does. We do Airbnb. It’s a distinct, standalone category,” said Chesky. “Take […]

[ad_1] Skift Take If Sabre sells its hospitality unit this time around, it can use some of the proceeds to pay off debt, and then refocus on its core airline and travel agency business. Dennis Schaal Sabre’s hotel tech unit is up for sale two years after a similar effort failed to yield a deal, […]