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Skift Daily Briefing
Skift
Marriott’s Fees Jumped 14% and Its Hotel Owners Want a Bigger Cut
NOV 3, 20264 MIN
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Description
Marriott’s gross fees jump 14% to $1.52 billion just as hotel owners push for a bigger share of loyalty income, Ryanair’s CEO warns of pay freezes and says a pilot strike next spring might actually save him money, and a Skift investigation looks inside the unraveling of the 104-year-old Tollman family travel dynasty.
On today’s Skift Daily Briefing, Bailey Schulz, Skift’s Global Tourism Reporter, breaks down why Marriott’s strong quarter gives it leverage in talks with owners, why Ryanair’s thin 2027 fuel hedge means higher fares and a harder winter for rivals, and what the sale of The Travel Corporation to Apollo reveals about how the Tollman family business really came apart.
This episode is brought to you by ZS
Articles Referenced:
Connect with Bailey Schulz
Marriott’s Fees Jump 14% as Hotel Owners Seek a Bigger Cut
Ryanair Warns of Pay Freezes and Labor Unrest as Fuel Costs Surge
Inside the Unraveling of the Tollman Family Travel Dynasty
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