Browsing by Author "Sperance, Cameron"
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- Accor Joins Forces With Hoxton Hotels Owner to Form Lifestyle Brand GiantSperance, Cameron (Skift, 2020-11-24)Accor comes together with Hoxton Hotels owners to produce the lifestyle brand Ennismore. The combination of 12 brands and 110 hotels in the pipeline will make Ennismore hard to rival among the marker. This remains the perfect time to launch a lifestyle brand as many hotels continue to focus on luxury and branding to differentiate themselves throughout the pandemic.
- Bill Gates Firm Is Now Controlling Stakeholder in Four Seasons HotelsSperance, Cameron (Skift, 2021-09-08)Microsoft Co-founder Bill Gates and the investment group controlled by Microsoft plans to boost its investment to a majority ownership stake in Four Seasons Hotels and Resorts.
- Expedia's Barry Diller on Bix Travel Doubters: 'They're All Dopes'Sperance, Cameron (Skift, 2021-04-21)Expedia Group's Barry Dillar strictly contrasted Bill Gates' prediction on business travel only resuming to half the levels they were pre-pandemic in a recent interview. Dillar predicts an "explosion of travel coming out of the pandemic." Airlines are anticipating business travel to resume following the Labor Day holiday and hotels are positioning themselves for a strong second half of 2021. The markets in China are a strong indicator of increased business travel and the markets are up 5% higher in China than they were pre-pandemic levels.
- Hotels Offer Space for Vaccine Sites: Good for Humankind, Good for BusinessSperance, Cameron (Skift, 2021-01-26)The American Hotel & Lodging Association is working with officials to offer assistance for the COVID-19 vaccine distribution. President & CEO, Chip Rogers, understands that getting back to business means getting the vaccine widely distributed to the public. Rogers noted that this is not only beneficial to humankind to have the vaccine widely distributed, but also beneficial the hotel and travel industry. According to AHLA's State of the Industry report, half the customers see the vaccine as critical to returning to 2019 travel numbers.
- U.S. Emerges as Unlikely Growth Hub for These Travel SectorsSperance, Cameron (Skift, 2021-05-21)Contrary to what the hotel industry brands have been discussing over the past year, the opportunity for growth seems stronger in the United States than in Asia. Although experts understand it is difficult for travelers to get into America right now given the boarder restrictions, travelers see stability in traveling within America. Domestically, the summer will surge with new guests and supply will be very hard to come by as the labor shortages remain a massive issue for hotels and the travel industry to address.
- U.S. Hotel Jobs Recovery Stalls, Unemployment RisesSperance, Cameron (Skift, 2021-02-05)Hoteliers are hopeful the increased vaccine rollout and the potential passing of the Biden Administration's stimulus package could supply much needed relief for the hotel industry. Chip Rogers, President & CEO of AHLA, noted that 4 million leisure and tourism jobs have been lost since April of 2020. Additionally, Rogers noted that the pandemic has wiped out 10 years of increased job growth for the hotel industry. Although the industry remains hopeful, the realization that 18,000 hotel related jobs were lost in January is still the unfortunate reality.
- U.S. Travelers Flock to Leisure Market Hotels During Thanksgiving Holiday WeekSperance, Cameron (Skift, 2020-11-28)Thanksgiving travel breaths a small amount of life back into the hotel industry, specifically drive-to, leisure, and warm weather destinations. Key West, Vail, and Santa Barbra were at almost 50% occupancy over the holiday week and Sedona and Moad were up to 80% occupancy. Unfortunately, these trends do not reflect the remainder of the country's hotel occupancy landscape. Many industry leaders, including Chip Rogers, CEO of AHLA, warn the most gruesome economic stretch of the pandemic for hoteliers will be between December and April, when the vaccine will hopefully be widely distributed to the American public.
- Why Do Hotels Seem to Be Getting the Shaft From Washington on Coronavirus Relief?Sperance, Cameron (Skift, 2020-10-09)Hospitality industry leaders believe President Trump's personal ties, from his hotel ownership to the re-election campaign, are prompting Congress to neglect Hotel Industry relief. The Airline Industry has the most favor among relief due to their pricey lobbying efforts and political affiliation as Airlines were formally controlled by the government.