Hyatt's Sharing Economy Bet + Room Service Disrupted + Wyndham Eyes Vacation Rental Sale

The Travel Industry's Daily Agenda-Setting Newsletter

August 4, 2017 View in browser

Note From the Editor It was a big day for Hyatt, which had lots of news during an earnings call Thursday, the most surprising of which was the revelation that it had taken a minority stake in "home meets hotel" platform Oasis. As hospitality editor Deanna Ting reported, the hotel company has said repeatedly that it wants to move into "adjacent spaces" beyond traditional hotels to cater to the evolving demands of its guests. Also trying to keep up with consumer behavior: TripAdvisor, which has expanded food delivery service outside of the U.S. and Canada with Deliveroo. As hotel guests turn their noses up at pricey room service and opt for delivery from local restaurants instead, hotels are being forced to adapt — and that's good news for TripAdvisor's goals to grow business in new areas. — Hannah Sampson, News Editor San Antonio Unites Its Local Innovation Economy to Share a New Story with Conference Planners [SPONSORED] Sponsored by Visit San Antonio San Antonio is building on its past as a city of pioneers who once led the country's expansion into the American Southwest. Today, the new frontier is digital. San Antonians are again moving the nation forward in technology, medicine, energy and other advanced industries, which conference planners can leverage to drive innovation in their organizations. Top Stories Hyatt Makes Nice With Expedia But Still Talks Up Direct Booking Expect Hyatt to delve even deeper into more of those adjacent spaces going forward. Wyndham May Sell Its European Vacation Rental Brands on the Way to a Spinoff Who's looking to buy up some European vacation rental businesses? Our money's on AccorHotels, Airbnb, and HomeAway, among others. TripAdvisor's Global Food Delivery Expansion Pressures Hotels to Adapt TripAdvisor has expanded its food delivery service outside the U.S. and Canada, part of its strategy to grow non-hotel revenues. More travelers can chow on crisp-fried shrimp paste chicken comfortably in their rooms. Hotels have no choice but to say bon appetit. Hyatt Is Investing in the Sharing Economy Again, This Time With Oasis We like to think of this as Hyatt's payback for AccorHotels stealing away onefinestay last year. Flight-Search Company Vayant Travel Sold to PROS for $35 Million Vayant is a tech vendor that has never caught the imaginations and wallets of travel companies to the same degree as a few of its peers have. This has all the attributes of a soft landing. Safety Is Still a Work in Progress — Skift Corporate Travel Innovation Report The digital tools are out there to track travelers. But why aren't more companies training employees to react appropriately in a crisis situation? Skift Is 5: Big Stories to Mark the Milestone Skift is 5 years old this week, and it was an occasion for us both to reflect a little, and also do what we do: Launch a new series, Skift Lens, and take an in-depth look at everything from overtourism in Barcelona to Airbnb's IPO prospects and why Norwegian Air is giving investors heartburn. Here are the stories and there's more to come next week. On Skift Turning Five and the Magic of Showing Up Every Day "Great nations start stoic and die epicurean." Curiosity + Constraints, the Skift formula in the last five years. Launching Skift Lens Documentary Unit We've had our gaze on the travel industry for the past five years, and now we turn that view into moving pictures with our new Skift Lens series of documentary reports. Documentary: Barcelona and the Trials of 21st Century Overtourism We're excited to go deep into one of the more pressing issues in travel today in our first ever original short film. Airbnb's Road to an IPO: Everything You Could Possibly Need to Know We all know Airbnb will go public someday — it's just a question of when. When will it finally be ready — and what does the company need to do before it does? Travelers Love Spunky Norwegian Air. But What About Investors? Norwegian wins lots of awards, and they're well-deserved. But investors aren't sure the carrier will produce major profits any time soon. The problem? It may be growing too quickly. Barcelona Overtourism: Airbnb and Short-Term Rentals Tourist apartments are an integral part of Barcelona's tourism industry today so it is time both parties step beyond the limitations of permits and legal claims to seek a holistic approach that protects residents' quality of life while also housing visitors. A Brief History of Personality-Driven Luxury Travel Companies These four entrepreneurs took the first steps toward what would become modern adventure and luxury travel, and their first-hand accounts hold lessons — and entertainment — for all those who followed in their wake. From the Archives Some Skift stories really resonate and our analytics tell us that new readers discover them years after the fact. During Skift's 5th birthday week, we present two such stories. We published one, Every One of Marriott's 30 Hotel Brands, Explained on September 21, 2016, and the other, How Booking.com Turned the Other OTAs Into Converts on June 25, 2012 (even before Skift's official launch). Every One of Marriott's 30 Hotel Brands, Explained Read on for our takes on all 30 of Marriott's brands. How Booking.com Turned the Other OTAs Into Converts The global hotel business is wide open with room for plenty of players to succeed, but Booking.com is way ahead of the curve and this article tells why. For Gmail users: If you are using the tabbed inbox, Skift emails may be pushed to the 'Promotions' tab. To get updates from Skift direct to your primary inbox, drag and drop this email to that tab. You received this email because you are subscribed to Skift Daily Newsletter from Skift.

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