Hints and tips:
...His vision for a renewal of Airbnb’s business model comes as the technology app faces pressure from policymakers worldwide over depleting housing stock in major cities....
...Netflix was a prominent presence at the vast festival of advertising in its first year at the event, hosting a party in a branded hotel on the seafront and an event with ex-footballer David Beckham....
...Choice has about 7,500 hotels worldwide with 630,000 rooms, about four-fifths of which are in the US, while Wyndham Hotels has about 9,100 sites, with 845,000 rooms....
...The company has hosted several events around the world, flying teams across continents and hiring out luxury venues and hotels....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...But the elephant in the ballroom at the Roosevelt Hotel was Elon Musk....
...The average age in the country was 37.2, and Japan was in a boom of karaoke parlours, bowling alleys, racecourses and resort hotels. The best golf courses were charging $2.6mn for membership....
...Second-quarter results from big hotel groups confirmed the trend. At Hilton Worldwide, revenue rose by more than two-thirds....
...A version of this article was first published by Nikkei Asia on March 30. ©2023 Nikkei Inc. All rights reserved....
...Cathy Hsu, a professor at Hong Kong Polytechnic University’s school of hotel and tourism management, said it could take another two to three years for Asia to experience a rebound post-Covid....
...The pandemic gutted the airline, hotel and ocean cruise industries, costing the travel industry $6tn worldwide as people stayed at home to comply with government restrictions meant to curb the spread of...
...Marriott operates more than 7,300 hotels worldwide. Executives across the industry have warned that staff shortages will push up wages as companies fight over the small supply of labour....
...The hotel chain occupies 237 guest rooms in the tower....
...He recalls one such dilemma during his time at Carlson, which at the time was jointly owned by Accor, a French hotel group....
...With more than 12,000 sites worldwide, including in most US airports, he added, Hertz could become an electric vehicle hub where travellers rent from carmakers such as Tesla that lack large dealer networks...
...A version of this article was first published by Nikkei Asia on January 3 2022. ©2022 Nikkei Inc....
...Coming up next week: Don’t miss the FT’s annual Global Dealmaking Summit, our two-day virtual conference that includes an in-person gathering at London’s South Place Hotel in the afternoon on day two....
...When it comes to Covid-19 recovery plays, one option that emerged in the second quarter is the Airlines, Hotels, Cruise Lines UCITS ETF (TRYP)....
...A 42 per cent collapse in net income to $96m in 2020 also looks less grim when compared to the net losses reported by bigger chains such as Marriott International and Hilton Worldwide....
...The five cities are among Airbnb’s biggest markets for private accommodation rentals worldwide....
...But the question of what Soho House (aka Membership Collective Group Inc) might be worth is especially interesting....
...The hotel brands affected included W Hotels, Sheraton Hotels & Resorts and Le Meridien Hotels & Resorts....
...If you cannot escape to a technology conference in Monterey or Barcelona and mingle with new people in the hallway or hotel bar, it is the next best thing.”...
...Airbnb bore little of the costs associated with traditional hotels while taking a cut of the fare for acting as a matchmaker....
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