05 May
Travel

Hotel Brands Want to Be in Mexico But Investors Look Elsewhere

Michelleraponi / Pixabay

Relatively strong pandemic performance in Mexico may attract brands, but investors want the discounted pricing that comes with a troubled asset. Michelleraponi / Pixabay

Skift Take: The large supply of independent hotels in Mexico is a massive opportunity for companies like Marriott and Hilton to quickly beef up their portfolios without the drawn-out process of new construction. Investors, however, will likely favor markets that performed worse during the pandemic.

— Cameron Sperance

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05 May
Travel

Wyndham Returns to Profits on Swelling Domestic Demand in U.S. and China

Wyndham Hotels & Resorts

Wyndham reported a $29 million first quarter profit thanks to strong domestic demand in the U.S. and China. Wyndham Hotels & Resorts

Skift Take: Many hotel companies shouldn’t expect to replicate Wyndham’s early financial success. Global companies like Accor and Hyatt have to grapple with business-oriented hotels in urban markets — areas which are still struggling from pandemic restrictions.

— Cameron Sperance

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05 May
Travel

Airlines Are Gearing Up For a Surge in Transatlantic Travel

Bill Abbott / WikiMedia

Virgin Atlantic Boeing 787 Dreamliner flying transatlantically over water on the approach to land. Bill Abbott / WikiMedia

Skift Take: As countries in Europe prepare to open their borders to vaccinated Americans this summer, airlines are seeing a spike in demand for travel. But the industry’s focus needs to be on having sufficient manpower to verify proof of vaccinations prior to boarding.

— Ruthy Muñoz

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05 May
Travel

United CEO Says Vaccinated Flyers Essential For Long-Haul Travel Rebound

Markus Eigenheer/FlugZüge / Flickr

United’s CEO expects travelers will need a vaccine for long-haul international travel. Markus Eigenheer/FlugZüge / Flickr

Skift Take: People jokingly throw around the phrase “have vaccine, will travel” as Covid-19 inoculations roll out. But the phrase appears poised to take on some gravity with the CEO of United Airlines saying vaccines are a likely to a prerequisite as long-haul travel comes back.

— Edward Russell

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