Thu.May 04, 2023

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Booking Holdings Sees Next-Gen AI as Advancing the Connected Trip

Skift Blog

Skift Take: Any changes the next wave of artificial intelligence might bring will not be instantaneous. Booking Holdings has time to act to sustain its current position in online travel.

Travel 340
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MGM Resorts International Reports Q1 2023 Financial Results

Lodging

LAS VEGAS—MGM Resorts International reported financial results for the quarter ended March 31, 2023. “MGM Resorts is executing across all of its geographies and channels with record first quarter Las Vegas Strip Adjusted Property EBITDAR, consistently strong Regional Operations profit, MGM China’s swift return to profitability, and BetMGM’s anticipated positive earnings later this year,” said Bill Hornbuckle, CEO and president of MGM Resorts. “Beyond our continued e

Resorts 264
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Sabre Is Cutting 15 Percent of Its Workforce, Roughly 1,100 Jobs

Skift Blog

Skift Take: Big tech companies everywhere have been dropping staff, and now it's Sabre's turn. This may also be a result of a permanently changed travel industry post-pandemic and Sabre's effort to keep up.

Travel 310
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Making a Good Impression: Makeready President Christine Magrann on Growing a Unique Brand

Lodging

A self-described gardener, Makeready President and COO Christine Magrann was tapped by Jimmy Merkel, CEO and founder of investment firm Rockbridge, in 2015 to take on a position that entailed tending to a relatively new variety of guest, one seeking a more personal experience than that offered by the traditional brands. Magrann recently shared with LODGING how she approaches providing the brand’s unique guest experiences much like a gardener, with patience, teamwork, and constancy, saying, [R

Branding 264
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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Tripadvisor CEO’s New Strategy Comes Into Focus

Skift Blog

Skift Take: In football or soccer — pick your sport/analogy — sometimes it takes a new coach to get momentum. Under its new CEO, Tripadvisor is making significant changes to its core products.

Travel 296
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Radisson Hotel Group’s midscale lifestyle brand, prizeotel, announces first property in Ireland

Hospitality Net

Radisson Hotel Group announces the signing of its first affordable, high design prizeotel property in the UK & Ireland region. Scheduled to open in Q1 2025 in Dublin, this landmark property follows a series of exciting signing and opening announcements for the prizeotel brand as it targets accelerated growth across EMEA in 2023.

Branding 252

More Trending

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The Paradise & Wilderness Group in Africa adopts Hotelogix to handle group operations efficiently

Hospitality Net

Singapore, 04/05/23: Hotelogix, a globally leading cloud-based hospitality technology provider, said that Africa’s The Paradise and Wilderness Group has adopted its multi-property management system to gain centralised control over group operations. All 21 properties operating across Tanzania and Zanzibar are running on Hotelogix.

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Expedia Looks to Loyalty Rollout and Vrbo Tech Migration as Next Hills to Climb

Skift Blog

Skift Take: Vrbo is one of Expedia Group's core three brands, but the jury is out on whether the vacation rental unit will now recede more into the background as cities recover.

Branding 275
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M3 Honored as Gold Stevie® Award Winner in 2023 American Business Awards®

Hospitality Net

M3 Accounting Services, Inc. (“M3”) has achieved yet another remarkable accomplishment by being named the winner of a prestigious Gold Stevie® Award in the highly competitive Company of the Year - Hospitality & Leisure – Medium category in the 21st Annual American Business Awards®. This is a remarkable feat for M3, as they have secured this award for the second consecutive year in a row, reaffirming its exceptional performance and commitment to excellence in the hospitality industry.

Business 246
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Hyatt Hotels Sees 2023 as Breakout Year for Europe and China

Skift Blog

Skift Take: If you thought Europe's premium hotels were packed last year, you haven't seen anything yet, Hyatt's executives say. They're also rightly optimistic about Asia Pacific's recovery.

Hotels 263
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Diving into Diversity: Decoding the Foundations of Inclusion in Hospitality Talent Acquisition

Speaker: Lauren Fernandez - CEO & Founder, Full Course

Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i

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Mews partners with Saira Hospitality to launch five new hospitality schools and develop an innovative online training solution

Hospitality Net

Mews, the hospitality technology leader and innovator, has partnered with pop-up hospitality school pioneers, Saira Hospitality, to transform education in the hospitality industry and help with ongoing staffing shortages.

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Expanding the Skift Ideas Franchise: Unearthing the Most Creative and Forward-Thinking Innovations in Travel

Skift Blog

Skift Take: Discover the enhanced Skift Ideas, your ultimate resource for the most groundbreaking creative projects, campaigns, designs, and ideas in the travel industry, featuring awards, editorial content, podcasts, and more.

Travel 246
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RateGain’s PULSE powered by Adara suggests that the Middle East Would Lead the Growth in Travel Demand in 2023

Hospitality Net

RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, through its latest PULSE report powered by Adara, shared that the Middle East region will beat all other travel markets in the rate of recovery for travel demand In the upcoming quarter.

Travel 239
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Navan Upgrades its AI Chatbot to Target Corporate Travel Cost-Saving

Skift Blog

Skift Take: Conversational search is an exciting space in travel, even for the somewhat tedious side of travel and expenses management, which now sees the virtual assistant role extended into a data analyst. Navan is offering predictive travel budget solutions.

Travel 246
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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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EDG Design Unveils Their Latest Lifestyle Hospitality Destination: The Pullman Singapore Orchard

Hospitality Net

Award-winning strategy, branding and interior design firm EDG Design has launched its latest hospitality project for the newly opened Pullman Singapore Orchard. An ambitious undertaking from day one, the entire project from initial concept through construction and opening took less than 18 months end-to-end, which included fully re-zoning the majority of the public spaces left over from the previous Grand Park Orchard hotel.

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Hong Kong Tourism Benefited From Return of Mainland China Visitors in March

Skift Blog

Skift Take: Hong Kong's retail sales in March recorded nearly a 41 percent increase from the previous year, with a significant boom in tourism and visitor spending contributing factors.

Tourism 245
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Rosewood Seoul to Introduce a New City Icon to the Vibrant Metropolis, Launching in 2027

Hospitality Net

Rosewood Hotels & Resorts® has been appointed by Eleven D&C Co., Ltd., one of Korea’s leading real estate developers, to manage Rosewood Seoul, a new build ultra-luxury hotel set to open in 2027. Situated beside Yongsan Park in the heart of the city, the hotel will exist within The Parkside Seoul, a revolutionary development occupying the former site of the United Nations Command.

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Airbnb’s AI-Driven Revolution

Skift Blog

Skift Take: Today's edition of Skift's daily podcast looks at Airbnb’s next phase, Lindblad’s full cabins, and Lufthansa’s optimism.

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A Buyer’s Guide to Future-Proofing Your Restaurant Tech Stack

The race to 100% digital is on. With the restaurant industry still in the early innings of its digital transformation, brands need an airtight strategy when it comes to building out their tech stack. Download the buyer’s guide to learn where to prioritize your efforts and get the most out of every investment.

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The Transformation of Business Event Travel

Hospitality Net

This paper presents findings from a survey of business event participants conducted in February and March of 2023. The survey aims to explore changes in the frequency of travel, motivations for travel, and changes in travel behaviors. Results show promising growth in 2023 and that the desire to network with peers and destination appeal are the strongest factors influencing decisions to travel to business events.

Events 237
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Google Partners with eDreams Odigeo on Generative AI in Travel

Skift Blog

Skift Take: We've heard from travel companies partnering with OpenAI to implement generative AI. Now here's one partnering with Google.

Travel 265
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Luxury European Resort Hotel Signing For Cycas Hospitality

Hospitality Net

Cycas Hospitality has strengthened its presence within continental Europe today, with the announcement of its appointment to manage its 4th hotel in the region, the luxury Grandhotel Bad Pyrmont spa hotel near Hanover, Germany.

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Mistakes to Avoid While Running Google Ads for Your Hotel Business

Are Morch

Google Ads can be one of the most powerful and effective tools for hoteliers to use while trying to target demographics and reach new customers with ads for their hotel. When used correctly, Google Ads provides great reach, precise targeting, and powerful tools that can lead to your business beating out the competition and increasing […] The post Mistakes to Avoid While Running Google Ads for Your Hotel Business appeared first on Are Morch, Digital Transformation Coach.

Business 162
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ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

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Knowland Reports Chicago as Top Market for Events in April with National Associations as the Leading Group Segment

Hospitality Net

Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, continued its monthly monitoring of the top 25 markets to identify those markets that are leading the industry in meeting and event volume. Today the company announced that the Chicago market led the U.S. meetings and events industry by volume for April.

Events 230
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STR: U.S. Hotel Performance Shows Mixed Results From Previous Week

Lodging

HENDERSONVILLE, Tennessee—U.S. hotel performance showed mixed results from the previous week but remained up year over year, according to STR’s latest data through April 29, 2023. U.S. Hotel Performance April 23-29, 2023 Percentage change from comparable week in 2022: Occupancy: 66.6 percent (up 0.1 percent) ADR: $156.14 (up 5.5 percent) RevPAR $104.01 (up 5.6 percent) Among the Top 25 Markets, Boston saw the highest year-over-year occupancy increase (up 15.3 percent to 75.6 percent).

Occupancy 147
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IHG Introduces Kimpton Brand in the Middle East with a Contract Signing in Saudi Arabia’s KAFD

Hospitality Net

IHG Hotels & Resorts, one the of the world’s largest hotel groups, with 6000 hotels across 18 brands, has signed a management agreement with The King Abdullah Financial District Management and Development Company (KAFD DMC), a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), to bring the first Kimpton hotel in the region to Riyadh, Saudi Arabia.

Branding 227
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AHLA Bolsters Federal and Government Affairs Teams

Lodging

WASHINGTON—The American Hotel & Lodging Association (AHLA) announced two new staff additions that will further expand the organization’s government affairs and advocacy capabilities. Kat Fonda has been named AHLA’s director of federal affairs. In this new role, she will be responsible for policy development and advocacy before Congress and other federal government agencies.

Hotels 147
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Beyond The Meeting Room: Luxury Magazine Resource

Escape into a world of luxury and dive into the future of tech, fun takes on the American pastime, and many inspirational individuals. With engaging reports on fashion, food, travel, finance, sports, and more, download now and enjoy the read!

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Key Asia Pacific hotel markets surpassed 2019 profitability levels in March

Hospitality Net

Further supporting recovery around the region, a majority of Asia Pacific’s key hotel markets surpassed their 2019 levels in gross operating profit per available room (GOPPAR), according to STR‘s March 2023 P&L data release.

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India Daily: EaseMyTrip Opens Retail Store in Patna

Skift Blog

Skift Take: India must increase investment and leverage public-private partnership models to build on its niche tourism offerings — such as medical, wellness and spiritual tourism — to attract more international tourists.

Retail 146
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Dallas Hotel Development: A Success Story Amid the Pandemic Recovery

Hospitality Net

Within the hotel and lodging sector, Dallas’s popularity with visitors and its ability to attract new businesses have contributed to an unhesitating redemption. In the wake of the COVID-19 pandemic, revenue per available room (RevPAR) in the greater Downtown Dallas area for 2022 rebounded to levels similar to 2019; however, the year-to-date period ending February 2023 shows RevPAR exceeding prior peak levels, as illustrated in the Kalibri Labs data below.

Revenue 225
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Melia Hotels and UAE Investor May Sign $1 Billion Joint Venture

Skift Blog

Skift Take: Spain-based hotel group Melia has been looking for partners to grow, and it may have found one in the Abu Dhabi Investment Authority.

Hotels 159
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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.