Articles tagged “conversions”

Hotels

Interest Rate Cuts Could Unlock Hotel Dealmaking: 9 Trends to Watch

Cuts to interest rates would inject much-needed momentum into hotel deals and development. It's time to dust off those "When Rates Fall, Hotels Call" t-shirts you've had in the closet.

Sean O'Neill | 3 months ago

Interest Rate Cuts Could Unlock Hotel Dealmaking: 9 Trends to Watch

Startups

This Y Combinator Startup Wants To Be Africa’s ‘Backbone of Travel’

Some investors are hesitant to fund startups in places experiencing currency volatility, but Triply overcame that challenge while consolidating payment tools for smaller travel businesses.

Elizabeth Casolo | 7 months ago

This Y Combinator Startup Wants To Be Africa’s ‘Backbone of Travel’

Hotels

Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026

With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion. Recent investment in the company is a wager that affordability will matter more to some travelers than whether a hotel is Instagram-ready.

Sean O'Neill | 1 year ago

Inside EasyHotel’s Turnaround: CEO Strives to Double Hotel Count by 2026
Free Read

Hotels

How Hotel Conversions Are Augmenting Accor’s Growth and Development Strategy

Independent hotels can expand their customer base and adapt to changing market conditions by joining a larger hotel group with a global distribution and supply network. Accor’s diverse portfolio offers a spectrum of conversion-friendly brands to address the individual needs of owners.

Accor Group + Skift | 1 year ago

How Hotel Conversions Are Augmenting Accor’s Growth and Development Strategy

News Blog

Airbnb Takes Market Share With Increased Conversion Rates

Airbnb is winning market share because of increased conversion rates, according to SimilarWeb estimates. Conversion rates are when visitors to Airbnb platforms book a stay. Website and mobile traffic analytics firm SimilarWeb found that in the first quarter of 2022, Airbnb's conversion rate in the U.S. increased 22 percent compared with the first quarter of…

Dennis Schaal | 3 years ago

Coronavirus

Wyndham Ups Feeding Frenzy to Flip Brands of Existing Hotels

Who needs to break ground on a new hotel when you can just woo a few existing properties away from the competition?

Cameron Sperance | 3 years ago

Wyndham Ups Feeding Frenzy to Flip Brands of Existing Hotels

Coronavirus

Best Western’s CEO Doesn’t See Himself as a Radical Change Agent

A major operational shakeup at BWH Hotel Group is unlikely under new CEO Larry Cuculic. The company’s recent performance numbers show why that is.

Cameron Sperance | 3 years ago

Best Western’s CEO Doesn’t See Himself as a Radical Change Agent

Coronavirus

Choice Hotels First Major Hotel Brand to Outperform Pre-Pandemic Levels

Profitability is one thing, but out-performing 2019 is the genuine sign of a rebound. Choice Hotels is lucky to not have to worry as much about corporate travel and conventions as some of its competitors.

Cameron Sperance, Skift | 3 years ago

Choice Hotels First Major Hotel Brand to Outperform Pre-Pandemic Levels

Coronavirus

Hotels Elevate Brand Strategy With New Mantra: Eat or Be Eaten

The competition is brutal when it comes to making new brand deals in a downturn. Smaller companies have to be nimble and appeal in franchise negotiations with lower-cost terms to win out against the global giants.

Cameron Sperance, Skift | 3 years ago

Hotels Elevate Brand Strategy With New Mantra: Eat or Be Eaten

Coronavirus

Korean Hotel Brand Behind New York Palace Plans Bigger U.S. Presence

Lotte may not be a household name in North American hospitality, but it could quickly become one thanks to hotel owners coming out of the pandemic looking for lower branding costs than what the likes of Marriott or Hilton demand.

Cameron Sperance, Skift | 3 years ago

Korean Hotel Brand Behind New York Palace Plans Bigger U.S. Presence