Articles tagged “hotels”

Hotels

Skift India Report: Hotel Sector Could Add $1 Trillion to Economy by 2047

The vision for the hospitality sector goes much beyond just branded hotels — to include tier-2 and 3 cities which will be crucial for tourism growth. Plus, other highlights from last week's news in hotel deals and development across the country.

Amrita Ghosh | 8 hours ago

Skift India Report: Hotel Sector Could Add $1 Trillion to Economy by 2047

Hotels

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

Selina's stock price stabilized on Monday after a sharp drop to an all-time low on Friday. The chain of premium hostels and coworking spots is taking steps to escape penny-stock status.

Sean O'Neill | 18 hours ago

Hotel Brand Selina’s Wild Ride as a Penny Stock: Here’s What We Know

News Blog

Juniper Group Acquires Hotel Tech Startup Vervotech

Vervotech, a startup that manages hotel room data, is the latest in a string of travel tech acquisitions by Juniper Group. Juniper Group said Friday that it acquired the India-based startup. Terms were not disclosed.  Vervotech’s platform analyzes hotel booking data to remove duplicate listings across suppliers, a problem that can lead to inaccuracies and…

Justin Dawes | 4 days ago

Online Travel

Tripadvisor’s Inflection Point: Viator Surpasses Hotels

Tripadvisor sees itself increasingly relying on a fast-growing but profit-challenged Viator, and a hotel metasearch business that big advertisers are less committed to than in the past. Tough stuff.

Dennis Schaal | 4 days ago

Tripadvisor’s Inflection Point: Viator Surpasses Hotels

Tourism

Hong Kong Gains as Skift Travel Health Index Dips – Latest Update

Global travel declined from June to July, similar to the downward trend we saw this time last year. Hong Kong was the only country with an uptick in Skift's Travel Health Index.

Saniya Zanpure | 5 days ago

Hong Kong Gains as Skift Travel Health Index Dips – Latest Update

Online Travel

Booking Hopes Its Kayak Brand Can Help Save eTraveli Deal

Booking Holdings' proposed remedy to push through its pending deal to acquire eTraveli Group may not be enough. Perhaps additional concessions or litigation are in the offing.

Dennis Schaal | 6 days ago

Booking Hopes Its Kayak Brand Can Help Save eTraveli Deal

Tourism

Airlines and Hotels Branch Out with Experiences to Lure Travelers

Today's travelers are more interested in making memories than buying stuff. There's a big opportunity for travel companies that recognize that.

Doyinsola Oladipo, Reuters | 1 week ago

Airlines and Hotels Branch Out with Experiences to Lure Travelers

Hotels

Hotels and OTAs First-Half Report: Growth Shifts to Europe and Asia

The major hotels and OTA companies reported strong earnings this month, signaling robust travel demand despite economic uncertainties. The companies most skewed to Asia now offer the greatest potential for growth and share price gains.

Pranavi Agarwal | 1 week ago

Hotels and OTAs First-Half Report: Growth Shifts to Europe and Asia

Startups

Archer Aviation Raises $215 Million for Urban Flying Taxis: Startup Funding Roundup

Archer Aviation expects its flying taxis to be in the air in 2025, and Atmosfy wants to change the way people leave dining reviews.

Justin Dawes | 2 weeks ago

Archer Aviation Raises $215 Million for Urban Flying Taxis: Startup Funding Roundup

Short-Term Rentals

How Sonder Straddles the Hotel and Short-Term Rental Divide

What is a Sonder-managed property these days? It's a very eclectic mix of apartments, hotels and resorts. It's tough to create an identity that way, but the company is betting that such diversity works.

Dennis Schaal | 2 weeks ago

How Sonder Straddles the Hotel and Short-Term Rental Divide