GMH Hotels: Hyatt’s $1B Sale, Marriott & Sonder, Sober Travel Trends
Good Morning Hospitality
08/21/24
•35m
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In this episode, we explore the major sale of Hyatt Regency Orlando for over $1 billion, marking the largest single-asset sale in Hyatt's history, as part of Hyatt’s strategy to shift towards an asset-light model.
We also discuss Marriott International's new long-term licensing agreement with Sonder Inc., which will add over 9,000 rooms to Marriott’s portfolio, and the growing “sober travel” trend driven by Gen-Z and wellness-focused travelers, with more hotels and airlines embracing non-alcoholic beverage options.
Tune in for insights on these significant developments shaping the hospitality industry with the one and only Sarah Dandashy & Steve Turk!
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Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!
This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
Previous Episode
GMH EU: Vacasa’s STR Troubles, Hopper's Strategy, and Set-Jetting
August 20, 2024
•33m
In this episode, the team dives into Vacasa’s recent challenges, including a 37% stock drop due to revenue loss and inventory issues, prompting a strategic shift to a hyperlocal approach in managing short-term rentals. They also explore Hopper's decision to focus on its B2B platform, which now accounts for 66% of its revenue through partnerships with financial institutions. Finally, they discuss the "set-jetting" trend, where streaming TV inspires viewers to visit destinations from their favorite shows. Tune in for detailed insights on these key trends in the hospitality industry.
—
Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!
This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
Next Episode
Industry Data & Updates with Jamie Lane
August 26, 2024
•35m
We've got the one and only Jamie Lane, Chief Economist at AirDNA, back on the show to give us the rundown on all things Vacation Rental data! You won't want to miss this episode, as the hospitality industry has had a busy month!
This episode is brought to you by Homes & Villas by Marriott Bonvoy! To learn more about a partnership with them, visit this link today! https://bit.ly/gmhhvmform
—
Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!
This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
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