Too Many Brands: Hotel Groups Chased Scale. Now They Need Focus
🏨 Major hotel companies have doubled their portfolios over a decade. Loyalty programs now boast hundreds of millions of members, showcasing substantial growth. The strategy leaned on asset-light models, conversion brands, and soft brands to absorb independent supply, aiming for accelerated expansion and diverse offerings. Skift Research's latest report discusses the economics of this brand expansion strategy, emphasizing the significance of scale in the hotel industry.
Share
