Sandals Resorts International Reiterates Firm Stance Against Sale, Citing Ambitious Growth Trajectory Amidst Market Scrutiny
Adam Stewart, Executive Chairman of Sandals Resorts International, has unequivocally stated that his family’s iconic all-inclusive resort empire is not for sale, delivering a clear message to the array of…
Prism’s Third IPO Attempt Reveals Profound Strategic Shift as U.S. Motel Business Dominates Profitability
Oyo’s parent company, Prism, is gearing up for its third attempt at an Initial Public Offering (IPO) this summer, a move that comes with an updated prospectus filed on Tuesday,…
Creator-Led Travel Commerce Emerges as Key Battleground for Indian OTAs as Cleartrip and MakeMyTrip Launch Competing Programs
The Indian online travel agency (OTA) landscape is witnessing a significant strategic shift with the simultaneous emergence of creator-led commerce initiatives from two industry giants: Cleartrip and MakeMyTrip. Within a…
Travel Industry Grapples with Escalating Scams, Shifting Experience Market Dynamics, and Complex OTA Cash Reserves
The global travel industry is currently navigating a period of significant transformation, marked by a surge in sophisticated digital scams, a competitive realignment within the experiences sector, and intricate financial…
BWH Hotels Pivots Upmarket Amidst Room Count Contraction, Targets Ambitious Global Growth by 2030
BWH Hotels, the venerable parent company of Best Western and WorldHotels, is undergoing a profound strategic reorientation, actively shifting its focus towards the upscale and luxury segments of the hospitality…
Budget Cuts, Lagging Events: What’s Next for Destination Canada as CEO Steps Down
After nearly six years at the helm of Canada’s national destination marketing organization, Marsha Walden is stepping down as Chief Executive Officer of Destination Canada. Her departure, effective June 30,…
Visa’s New Consumer Travel Platform Ignites Structural Conflict with Issuing Banks
Visa, the global payments technology company, has officially launched Visa Destinations, a direct-to-consumer travel platform designed to offer its cardholders curated experiences, dining, and shopping opportunities across a selection of…
Accor and H World Link Loyalty Programs to Swap Chinese and European Travelers
This enhanced collaboration, initially forged 12 years ago, transcends the traditional model of brand licensing and hotel management. It now focuses on a direct-to-consumer approach, allowing members of Accor’s ‘ALL…
India’s Hospitality Sector Sees Transformative Influx as Real Estate and Infrastructure Conglomerates Drive Next Development Wave
India’s burgeoning hospitality sector is experiencing a significant paradigm shift, with major real estate developers and infrastructure conglomerates, rather than traditional hotel operators, increasingly taking the lead in driving the…
The Evolving Landscape of Hotel Franchising: Owners Reassess Value as Contracts Expire
The most consequential business decision Pritesh Patel made in 2024 was also among the simplest: He read his family’s franchise agreement. This seemingly straightforward act underscores a significant shift occurring…
















