Hotels

Hyatt Hotels Corp. is poised to significantly broaden its presence in the all-inclusive resort sector by acquiring Playa Hotels & Resorts for approximately $2.6 billion. This ambitious venture marks a pivotal enhancement of Hyatt’s offerings in the Caribbean and Mexico, regions already rich with potential for all-inclusive accommodations. The negotiations, which began in late December,
In the dynamic landscape of travel agency operations, adaptability and focus emerge as key factors for success. Addison Jaynes’s journey from running Reliant Destinations in the U.K. to establishing a thriving travel agency in Dallas showcases the significance of honing in on a niche while leveraging modern tools to engage an audience effectively. This article
In the fourth quarter of 2024, Expedia Group’s three main brands—Expedia, Hotels.com, and Vrbo—experienced a significant upturn in bookings, a result that can largely be attributed to the strategic vision set forth by CEO Ariane Gorin since her appointment in May. During the recent earnings call, Gorin shared insights into the company’s transformative journey, highlighting
As travelers seek serene getaways away from the tourist-filled havens of Greece, the stunning island of Folegandros is poised to become a sanctuary for those in pursuit of both beauty and tranquility. Set to welcome visitors this spring, Gundari marks a significant milestone as the first luxury boutique hotel on this lesser-known Cycladic island. Enveloped
During Hilton’s recent Q4 earnings conference, CEO Christopher Nassetta shared a cautiously optimistic outlook centered on the anticipated effects of Donald Trump’s economic policies. Nassetta noted that the atmosphere surrounding Hilton’s prospects for 2025 is more favorable now compared to the previous quarter, which was rife with uncertainty stemming from the impending election. Such sentiments
The luxury travel sector has enjoyed a significant and sustained growth surge in recent years, primarily fueled by post-pandemic demand and an affluent demographic eager to indulge in opulence. However, as the market stabilizes, signs indicate that this soaring trajectory may face some headwinds. Insights from experts in the field, including Clayton Reid, highlight that
The intersection of hospitality and maritime leisure has given birth to a new wave of luxury cruising experiences, as renowned hotel brands venture into the maritime domain. This trend not only addresses a growing demand for high-end cruising options but also enhances brand loyalty among affluent travelers seeking distinctive experiences on the water. With industry
Virtuoso, a leading luxury travel agency consortium, has shown remarkable resilience and growth in the luxury travel market. Recent reports indicate a striking 25% increase in sales for 2024 compared to the previous year. This optimistic outlook extends into projections for 2025 and 2026, suggesting a sustained upward trend. Notably, hotels are the front-runners in