Japan's Seibu Holdings will acquire NY-based Ace Group International for $90M, gaining 8-hotel portfolio including NYC, Kyoto, Brooklyn, Athens locations plus creative agency Atelier Ace.
As Oyo eyes an IPO, its pivot to premium and self-serviced hotels shows where the money is, with higher occupancies, better ratings, and a clearer path to investor confidence.
Airbnb CEO Brian Chesky said the company needs to expand more into experiences, hotels, and the international market if it’s going to get the growth rate back up.
The organizers of FIFA World Cup and Sail4th, both scheduled for next July, shared with the audience at this week’s Skift Meetings Forum how they operate under pressure.
The same travelers who visit Tuscany five times and Tokyo three times treat Africa as a once-in-a-lifetime bucket list item. That's a marketing failure, not a market reality.
Budgets and politics may dominate headlines, but at the Skift Meetings Forum 2025, industry leaders emphasized a different measure of value: the depth of community, the inclusivity of participation, and the serendipitous moments that spark real engagement.
Japan's SPW gets Atelier Ace's design DNA and operational polish in the lifestyle segment. Ace gets deep pockets to support development and 2.5 million loyalty members to help with distribution.
Eric Resnick, CEO and Co-founder of KSL Capital Partners, brings three decades of travel investment expertise to Skift Global Forum. With $25 billion dedicated to experiences, his insights on growth, resilience, and traveler identity will spotlight the industry’s future.
To stay competitive, travel companies need to grow beyond traditional categories and turn capabilities outside of their core business into strategic revenue streams.