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Wyndham this week announced a plan to open 100 new hotels in Saudi Arabia in the next 10 years. All will be under the group’s Super 8 brand, one of the most budget-friendly options in its portfolio, and a contrast…
Brookfield Asset Management has agreed to acquire Generator Hostels’ European operations for approximately €776 million (about $876 million) from London-based Queensgate Investments. The transaction includes 15 properties and 2,800 keys across 10 countries, in cities such as London, Amsterdam, Berlin,…
Amadeus has acquired travel data analytics firm ForwardKeys, the company confirmed Thursday. ForwardKeys recently updated the logo on its website to include the phrase “An Amadeus company.” “This acquisition will enable our expansion in travel intelligence, thanks to great portfolio…
Airbnb on Tuesday unveiled the much-anticipated relaunch of its experiences offering. Airbnb will add more options for large attractions – particularly through guided tours — though there remains a focus on niche, curated, and locally run experiences. The company also…
Minor Hotels CEO Dillip Rajakarier said the company’s luxury-first strategy, owner-operator model, and emphasis on direct distribution are helping it compete with larger global brands in a post-pandemic travel environment. Speaking at Skift Asia Forum in Bangkok, Rajakarier outlined how…
GetYourGuide and other leading platforms for travel experiences are facing fresh dose of competition now that Airbnb has relaunched its effort in the space. But GetYourGuide is positioning it as good news: It is a “great validation for the experiences…
You can’t understand where Airbnb is going without understanding Brian Chesky. Yes, Skift will be covering all the business angles around the decision to relaunch experiences and add new hotel-style services. But that’s not the full story. If you know…
Sterling Holiday Resorts, the leisure hotel arm of Thomas Cook India, plans to add at least 14 new resorts in the 2025-26 financial year, Sterling’s CEO Vikram Lalvani said during the company’s earnings call Wednesday. The brand currently operates 61…
Online travel agency MakeMyTrip reported record financial results for the 2024-25 fiscal year, driven by strong growth in international outbound and spiritual travel segments. CEO Rajesh Magow said the company identified the underpenetrated international outbound market as a key growth…
Cotswold Grange is quintessential Cheltenham. Created from light honeyed Cotswold stone in 1856, for its affluent merchant owner to enjoy its high ceilings and spacious dimensions, the house’s grand facade captured the confident style of the mid-Victorian era. Located within a…