Skift Daily Travel Briefing

Global Hotel Dealmaking Is Expected to Boom


Listen Later

Episode Notes

Global hotel dealmaking is expected to make a major rebound in 2024 thanks to a more positive financing environment, reports Senior Hospitality Editor Sean O’Neill. 

At least $58 billion in hotel deals are set to take place this year, according to investment advisory firm JLL Hotels & Hospitality. That would surpass 2023’s total by at least 15%. JLL believes one reason for the increased dealmaking is that struggling hotel owners are looking for buyers to take problem properties off their hands. 

The company expects hotels in major cities like London, Paris and New York to see the most investor interest. 

Next, Google is planning to change how it displays flight search results in European Union countries. But eDreams Odigeo, a major flights seller, argues Google’s plan isn’t going far enough to let rivals compete, reports Executive Editor Dennis Schaal. 

Spain-based eDreams Odigeo said Google’s plan will allow it to favor Google Flights over competing flight-selling services. Google is under orders from the European Union to increase competition in the travel retail sector. 

The tech giant said it plans to add new dedicated units that contain links from competitors, among other changes. 

Finally, the Federal Aviation Administration is asking airlines to inspect the door plugs on more Boeing jets, another blow for the beleaguered planemaker, writes Airlines Reporter Meghna Maharishi. 

The agency said in a safety alert the Boeing 737-900ER has an identical door plug design to one on the Boeing 737 Max 9. The 737 Max 9 has been grounded since a blowout aboard an Alaska Airlines flight earlier this month. Alaska, Delta Air Lines and United Airlines all operate the 737-900ER.

However, the three airlines have said they don’t expect the inspections to impact their operations. 

...more
View all episodesView all episodes
Download on the App Store

Skift Daily Travel BriefingBy Skift

  • 3.9
  • 3.9
  • 3.9
  • 3.9
  • 3.9

3.9

34 ratings


More shows like Skift Daily Travel Briefing

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,354 Listeners

Trumponomics by Bloomberg

Trumponomics

355 Listeners

The Skift Travel Podcast by Skift

The Skift Travel Podcast

40 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,637 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,831 Listeners

Airline Weekly Lounge Podcast by Skift

Airline Weekly Lounge Podcast

137 Listeners

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) by Sam Charrington

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

431 Listeners

Cold Call by HBR Presents / Brian Kenny

Cold Call

198 Listeners

Bold Names by The Wall Street Journal

Bold Names

1,451 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,038 Listeners

Slick Talk: The Hospitality Podcast by Skift

Slick Talk: The Hospitality Podcast

72 Listeners

TechCrunch Daily Crunch by TechCrunch

TechCrunch Daily Crunch

41 Listeners

Airlines Confidential Podcast by Scott McCartney

Airlines Confidential Podcast

139 Listeners

Good Morning Hospitality by Skift

Good Morning Hospitality

12 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

73 Listeners

The AI Daily Brief: Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief: Artificial Intelligence News and Analysis

591 Listeners

The Air Show by Shayr Media

The Air Show

216 Listeners

Suite Success: Masters of Hospitality by Skift

Suite Success: Masters of Hospitality

76 Listeners

Daily Departure by Skift

Daily Departure

0 Listeners

GreenShift by Skift

GreenShift

0 Listeners