Major events can send hotel rates sharply higher. But Delhi’s BRICS spike also shows how quickly hotel supply can get squeezed when demand arrives all at once.
If Airbnb needs people connections and know-how to scale its boutique hotels business, it found someone with deep experience in Pepijn Rijvers. He also has marketing and tours and activities experience at Booking.com and Viator, respectively.
Marriott has given sales teams a year-end stretch goal of $1.55 billion for group bookings for next year at the hotels it manages in the U.S. and Canada. Its global 2027 group sales look "flattish." Other companies are more upbeat.
No matter how you parse the numbers, Booking Holdings' B2B business appears to be a lot larger than the travel industry previously understood. Its in-process reorganization could have significant implications for OTA competition.
Strip out the four-star furniture, add bunk beds, charge £40 a night. Now convince your guests they’re staying somewhere premium. That’s Generator’s pitch.