Travel industry news site Skift has acquired hotel industry newsletter Daily Lodging Report for an undisclosed amount.
Skift founder and CEO Rafat Ali writes, “Started by Alan Woinski, a well-known gaming and lodging industry analyst, on the night his first son was born (!), the Daily Lodging Report has since been a subscription-required, email-only newsletter that is read by anyone and everyone in the hotel investor, owner and operator space. And with two separate regional versions, it covers everything from North America to Asia Pacific. The report itself boils industry news down to a quick, easily-digestible daily digest, known for keeping readers up-to-date in an efficient, effective way.
“Don’t just take our word for its influence, though. Here is what Geoff Ballotti, CEO of Wyndham Hotels & Resorts, had to say when I emailed him asking his views on DLR: “Not a day has gone by in the past 20+ years of my career where I haven’t read every word of Daily Lodging Report, as have just about everyone in my world I talk to.”
“This is Skift’s third acquisition in three years, following the Airline Weekly deal in fall of 2018 and EventMB in fall 2019. With the subscription side of our business growing, we are looking forward to expanding DLR’s preexisting editorial and subscriber base — and the potential for building other ancillary businesses on top of it.”
Read more here.