The relationship between hospitality companies and online travel agencies (OTAs) has widely fluctuated over the past two decades. The industry’s responses to the threat of OTAs have thus far had limited impact. This article explores a more drastic solution: vertical integration. When OTAs emerged in the late 90’s, many hospitality companies held a positive outlook… Continue Reading Frenemies: Is Vertical Integration the Answer to OTAs?
At a lodging conference in December 2016, Laura Paugh, Marriott International’s SVP of Investor Relations, remarked that Airbnb hasn’t “[made] headway in the corporate environment, which is really [Marriott’s] bread-and-butter business.”[i] This statement is reflective of the hospitality industry’s general stance on Airbnb: the platform hasn’t yet made a material impact because Airbnb does not… Continue Reading Is PUBLIC Hotel the Answer to Airbnb?
We would like to introduce another prolific panelist for the WX: New York Women in Real Estate Panel discussion, Ellen Brown. Ellen is the Executive Vice President of Acquisitions & Development for Denihan Hospitality and has been with the organization for over 19 years. Denihan Hospitality has been in the business for more than 50… Continue Reading WX Panel Discussion and Distinguished Speaker Series: Ellen Brown – EVP of Acquisitions and Development, Denihan Hospitality