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Hotels
IHG saw U.S. hotel revenue normalize. Marriott plans to launch a new midscale brand. Hyatt aims to expand its all-inclusive resort portfolio. And more.
Sean O'Neill | 14 hours ago
Marriott execs cited a "normalization" in domestic U.S. vacation bookings, a potential warning sign for the post-pandemic travel frenzy. Still, with a strong dollar sending Americans overseas and a loyalty program topping 203 million members, Marriott seems well-positioned for a profitable year worldwide.
Sean O'Neill | 3 days ago
Overtourism
The court’s order follows the Tamil Nadu government report that said 20,000 vehicles enter these hill stations every day. This posed concerns for the elephants in the region as well as the drought prevailing in the Nilgiris.
Bulbul Dhawan | 3 days ago
The world's largest hotel group has had its carbon reduction plans approved by the world’s main verifier of corporate climate targets. Marriott follows Accor, Hilton, and IHG in having SBTi verify its plans.
Sean O'Neill | 2 weeks ago
Hilton CEO Christopher Nassetta led the pack among hotel executives with a total compensation of $56.8 million in 2023, followed closely by Hyatt's Mark Hoplamazian at $56.4 million and Marriott's Anthony Capuano at $55.5 million.
Sean O'Neill | 4 weeks ago
Oyo's IPO has been in focus for years. Its profitability and subsequent stable situation is indicative of the robust Indian hotel industry.
Bulbul Dhawan | 1 month ago
The hotel chain's 150th property in India will be at Katra, close to Hindu pilgrimage site Vaishnodevi temple.
Srividya Kalyanaraman | 1 month ago
Announcements
Bulbul Dhawan | 2 months ago
As the Indian traveler drives demand to lesser explored domestic destinations, major brands are finding opportunities to grow in the Indian hinterlands.
Marriott's strategic move not only aims to boost hotel revenue but also provides travelers with loyalty redemption opportunities for MGM Resorts entertainment.
Sean O'Neill | 2 months ago
