Thu.Jun 15, 2023

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Inside NEOM: Saudi Arabia’s Ambitious Blueprint for a Sustainable Tourism Economy

Skift Blog

Skift Take: Saudi Arabia’s giga-project NEOM envisions a revolutionary future for travel — one that blends sustainability, innovation, access to nature, and luxury to redefine the way we explore the world. As its ambitious plans come to life, NEOM could become the world's first destination to establish a groundbreaking standard in immersive, eco-conscious, and transformative travel experiences.

Tourism 363
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Exclusive: hotel market expansion to peak in next 12 months, says CBRE

Hotel Management

As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market. The Australian hotel market’s expansionary phase experienced over the last 10 years is set to peak in the next 12 months.

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Qantas Unveils a Wellness Zone as Part of Its A350 Cabin Design

Skift Blog

Skift Take: The design is the first of its kind and is one of many innovative ideas by Qantas as it implements Project Sunrise.

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Exclusive: Salter Brothers launches luxury retreats brand

Hotel Management

Fund manager Salter Brothers is taking its hotels business to the next level with the launch of its very own hospitality brand, Ardour, after 24 months of research and development. Coming to market in 2024, Ardour is a brand of boutique luxury lifestyle hotels that will offer a retreat experience on a grander scale with facilities to cater for large groups including event spaces, day spas and multiple restaurants.

Branding 264
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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Airbnb Lawsuit Against NYC: A Solitary Effort That Got Results, For Now

Skift Blog

New York City's hammer blow against short-term rentals is back into the tool box for a couple of months, but it may be just a reprieve.

Travel 317
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Blackstone Completes Cvent Acquisition

Lodging

TYSONS, Virginia—Cvent Holding Corp. announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion. The transaction, which was previously announced on March 14, 2023, includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and participation from existing stockholder Vista Equity Partners.

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Yes, Hotel Room Rates Are Up. But It Isn’t Price Gouging. 

Skift Blog

Skift Take: Travel sticker shock is giving way to anger for many consumers. But the inflation data suggests that most hoteliers have raised prices in-line with their rising costs rather than capturing excess profits.

Consumer 278
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The AI travel booking tools keep coming. Not all will succeed. 

Skift Blog

Skift Take: A lot of generative AI-based travel planning and booking tools are coming out. Which ones will last?

Travel 264