Hospitality Sector

Theme Parks Benefit From Unexpected Investors

Tottering theme parks may find new life in corporate venture capital, largely for knowledge-transfer reasons. And while it may be too early to identify a trend, we are intrigued by the announcement that China’s Fuson Group will be buying a minority stake of the…
Hospitality Sector

Cruise Industry Propelled by Geopolitical Unrest

As tourists rethink their itineraries amid terrorist concerns, the cruise industry is seeing a revenue windfall. The three major stocks—Royal Caribbean, Carnival, and Norwegian Cruise Line—have registered impressive double-digit gains over recent months. Analysts soured…
Hospitality Sector

Emerging-Market Consumer Is Fickle Consumer

The theme-park industry may seem like an obvious way to benefit from burgeoning wealth across the developing world. Think again. Hong Kong Disneyland has turned an annual profit only three times since it opened in 2005. Ocean Park, its durable cross-town rival, has reported…
Hospitality Sector

Caribbean Becomes Cruise-Line Battlefield

Richard Branson is set to push aside the cruise-line behemoths, including Disney and Carnival, to build a regional business under the Virgin Voyages brand. Micro-strategy aside, the venture points the way to shifting trends in global tourism, with the Caribbean benefiting…
Hospitality Sector

Would You Invest in an Egyptian Hotel?

The question is not as flippant as it sounds. According to hotel-industry sources, there may be more than 10,000 branded hotel rooms being rolled out in Egypt over the near-to-medium term. Local executives claim that the outsized building boom represents a commitment to…
Hospitality Sector

Hotel Investors Dismiss Large and Lumbering

Marriott is now on the defensive about its Starwood acquisition, heralding the benefit of choice. That notion rings hollow amid the current economic setting. Shareholders seem to agree; the stock price continues to languish. Corporate travel departments after all are charged…