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Articles tagged “hotel development”

Hotels

Hilton Buys Graduate Hotels Brand in $210 Million Deal

The hotel behemoth Hilton is acquiring the hip, localized Graduate Hotels brand for a cool $210 million. The boutique chain has rapidly expanded to 33 properties clustered around universities in the U.S. and U.K.

Sean O'Neill | 1 month ago

Hilton Buys Graduate Hotels Brand in $210 Million Deal

Hotels

Accor’s New Chief Strategist Seeks Luxury Growth Beyond Hotels

Here's the first major interview with Gilda Perez-Alvarado since she became chief strategy officer of Accor. Can she help the hospitality titan diversify beyond selling hotel rooms, help it conquer the U.S., and reinvigorate the iconic Orient Express brand?

Sean O'Neill | 2 months ago

Accor’s New Chief Strategist Seeks Luxury Growth Beyond Hotels

Hotels

Wyndham Results Hurt By Cost and ‘Noise’ of Choice Hotels’ Hostile Bid

Wyndham executives said a Choice Hotels offer to buy it has sandbagged them with work in rebuffing the offer and addressing regulators' concerns. The bill so far is $75 million.

Sean O'Neill | 2 months ago

Wyndham Results Hurt By Cost and ‘Noise’ of Choice Hotels’ Hostile Bid

Hotels

Marriott and Hilton: 12 Takeaways From Their Annual Reports

A dozen things jumped out at Skift when looking at Marriott and Hilton's annual financial filings. Points range from the performance of their loyalty programs to how they're taking market share.

Sean O'Neill | 2 months ago

Marriott and Hilton: 12 Takeaways From Their Annual Reports

Hotels

Hilton CEO Sees ‘Opportunity’ For Hotel Acquisitions

Hilton signaled that hotel sector circumstances have shifted in a way that makes it more likely it would pivot from its 16-year strategy of creating brands and instead consider buying them.

Sean O'Neill | 2 months ago

Hilton CEO Sees ‘Opportunity’ For Hotel Acquisitions

Hotels

How to Run a $7.5 Billion Luxury Hotel Portfolio: Inside Gencom’s Strategy

Karim Alibhai's began his career at a Best Western motel. In the decades since, his firm Gencom has bought, sold, and developed eight Ritz-Carltons and dozens of other luxury hotels. Here's his formula.

Sean O'Neill | 3 months ago

How to Run a $7.5 Billion Luxury Hotel Portfolio: Inside Gencom’s Strategy

Hotels

Marriott vs. Hilton: What Their 2024 Hotel Pipelines Reveal

Hotel execs gathered this week to compare the sizes of their hotel pipelines. The companies with the largest hotel development forecasts were Marriott and Hilton, and the types of properties proving popular says a lot about their strategic directions.

Sean O'Neill | 3 months ago

Marriott vs. Hilton: What Their 2024 Hotel Pipelines Reveal

Hotels

IHG’s New Americas CEO: A Bet on Luxury and Moving at ‘China Speed’

Jolyon Bulley became IHG's CEO of the Americas in July. He aims to bring a “China speed” pace to luxury and lifestyle hotel growth in the group’s largest region.

Sean O'Neill | 3 months ago

IHG’s New Americas CEO: A Bet on Luxury and Moving at ‘China Speed’

Hotels

Marriott’s 3 Big Challenges: CEO Anthony Capuano Makes a Case for Growth

Despite doubling its room count over a decade, Marriott CEO Anthony Capuano remains optimistic about the company's growth potential. He's betting that high-margin luxury hotels and a tech revamp will help sustain fat fees.

Sean O'Neill | 3 months ago

Marriott’s 3 Big Challenges: CEO Anthony Capuano Makes a Case for Growth

Hotels

Sam Nazarian’s SBE Attempts Lifestyle Hotel Comeback With Wyndham Deal

Sam Nazarian once built buzzy hotel brands Hyde and SLS. Can Nazarian repeat the trick with the help of unlikely partners Wyndham and musical artist (and investor) Marc Anthony?

Sean O'Neill | 3 months ago

Sam Nazarian’s SBE Attempts Lifestyle Hotel Comeback With Wyndham Deal