CEO Hints Booking Holdings Is Ready to Buy More Companies
CEO Hints Booking Holdings Is Ready to Buy More Companies

skift Inc. · 10 May

Falling victim to the so-called law of large numbers, Booking Holdings saw its total revenues for the first quarter drop 3 percent from the prior yea

Expedia Being Investigated for Conspiring With Hotels to Suppress Competition
Expedia Being Investigated for Conspiring With Hotels to Suppress Competition

skift Inc. · 9 May

Expedia Group Inc. is under investigation by the Utah attorney general for allegedly conspiring with the biggest U.S. hotel chains to suppress compet

Airbnb Creates Opportunities for Startups That Fill the Gaps in Homesharing
Airbnb Creates Opportunities for Startups That Fill the Gaps in Homesharing

skift Inc. · 2 May

David Krauss had parlayed his Dallas condo into a successful Airbnb listing until one fateful weekend in 2014. Then, a couple of guests threw a party

Airbnb Should Be Free To Operate Across Europe: EU Court Adviser
Airbnb Should Be Free To Operate Across Europe: EU Court Adviser

reuters.com · 1 May

Airbnb should be treated as a digital service provider and free to operate across the European Union, an adviser for the European Court of Justice (E

Singapore Government Taking Stake in Boutique Hotel Operator
Singapore Government Taking Stake in Boutique Hotel Operator

The Wall Street Journal · 27 Mar

A giant Singapore government-run fund has acquired a 25% stake in Dutch hotel company citizenM, providing a cash boost to the owner and operator of m

Hotel Industry Finance Roles Lack Female Representation
Hotel Industry Finance Roles Lack Female Representation

HotelNewsNow · 6 Mar

Women are roughly one-fifth as likely as men to get C-suite positions and roughly one-third as likely to rise to the EVP or SVP levels at hotel compa

A Rise In Hotel And Cruise Bookings
A Rise In Hotel And Cruise Bookings

bbc.com · 14 Dec

A rise in hotel and cruise bookings has helped European travel group Tui sail through another year with more than 10% growth in profits.

Hotels expect Christmas holiday season will be the best in 10 years
Hotels expect Christmas holiday season will be the best in 10 years

Mexico News Daily · 14 Dec

The hotel sector is expecting average occupancy of 70% during the Christmas vacation season, which would be the highest level in the past decade.

Oyo’s Push Into Southeast Asia Is a Wake-Up Call for Budget Hotel Chains
Oyo’s Push Into Southeast Asia Is a Wake-Up Call for Budget Hotel Chains

skift Inc. · 14 Dec

On its own, Oyo entering Southeast Asia should concern existing budget hotel players. Oyo with Grab should make them go shaky in the knees. Consolida

Great Hotels Of The World Sees Increased Investment Over Next Two Years
Great Hotels Of The World Sees Increased Investment Over Next Two Years

hoteldesigns.net · 12 Dec

Great Hotels of the World (GHOTW), which includes in its collection properties such as Atlantis The Palm Dubai and Altis Belém Hotel & Spa, will rece

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?
Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

skift Inc. · 12 Dec

To quote a smart venture capitalist, "Just because investment money is pouring in doesn't mean all bets are good bets!" WhyHotel itself may be a well

Marriott CFO Calls $1 Billion Estimate on Cyber Breach Premature
Marriott CFO Calls $1 Billion Estimate on Cyber Breach Premature

Bloomberg · 10 Dec

It's too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other compan

Khalifa Fund to showcase SMEs from hospitality sector at SIAL
Khalifa Fund to showcase SMEs from hospitality sector at SIAL

Gulf Daily News · 10 Dec

The Khalifa Fund for Enterprise Development (KFED) will be showcasing its small and medium-sized enterprises (SMEs) in the food and beverage and hosp

Why Are So Many Hotels For Sale?
Why Are So Many Hotels For Sale?

bangkokpost.com · 10 Dec

Several factors have forced numerous small and medium-sized hoteliers to put their properties on the block. Some industry observers are astonished to

WebBeds and 3 Asian Wholesalers Form First Bedbank Coalition to Share Supply
WebBeds and 3 Asian Wholesalers Form First Bedbank Coalition to Share Supply

skift Inc. · 10 Dec

Hotel chains and airlines have formed alliances, why not bedbanks? The first bedbank alliance by four Asian players may be the first of its kind, but

Oyo will be the world's largest hotel chain by 2023
Oyo will be the world's largest hotel chain by 2023

Money Control · 6 Dec

Oyo Hotels, the five-year-old startup for booking hotel rooms, is aiming to become the world's largest hotel chain by 2023 as it expands into newer c

2018 Has Been A "Normal" Year For Hotel Transactions
2018 Has Been A "Normal" Year For Hotel Transactions

hospitality ireland · 5 Dec

Despite average room rates in Dublin reaching a record €155.75 while occupancy rates reached 89.6% and revenue per available room (RevPAR) rose 9.7%

What roles can cryptocurrency and blockchain play in hospitality?
What roles can cryptocurrency and blockchain play in hospitality?

The Morning Advertiser · 5 Dec

Terry Fisher, chief marketing officer at BestBitcoinExchange.io considers what impact blockchain and cryptocurrency could have on the hospitality sec

CEO Interview: Franck Gervais of AccorHotels Europe, on What European Hospitality Looks Like Today
CEO Interview: Franck Gervais of AccorHotels Europe, on What European Hospitality Looks Like Today

skift Inc. · 5 Dec

Europe's appetite for cutting-edge design, community-driven approaches, and contemporary food and beverage concepts is constantly evolving. Hotel bra

Michelin Guide Owner Buys Tablet Hotels to Build a Travel Business
Michelin Guide Owner Buys Tablet Hotels to Build a Travel Business

skift Inc. · 3 Dec

Tablet Hotels found itself a world-class strategic buyer to propel its growth. Tablet as part of Michelin will face huge marketing hurdles, and the c

Marriott sued hours after announcing data breach
Marriott sued hours after announcing data breach

zdnet.com · 3 Dec

Hours after announcing a data breach on Friday, two Oregon men sued international hotel chain Marriott for exposing their data. Their lawsuit was fol

Don't Build More Hotels, Says Al Habtoor
Don't Build More Hotels, Says Al Habtoor

arabianbusiness.com · 29 Nov

Emirati billionaire Khalaf Al Habtoor told Bloomberg that he is currently deciding whether to build or acquire between seven and ten schools as well

Why AccorHotels’ Mergers Strategy Is Winning Over Investors
Why AccorHotels’ Mergers Strategy Is Winning Over Investors

skift Inc. · 29 Nov

AccorHotels is pursuing one of the most aggressive mergers and acquisitions strategies in the entire hospitality industry. The company could be calle

Hospitality Market in Japan Increasingly Bifurcated between High- and Low-End Options
Hospitality Market in Japan Increasingly Bifurcated between High- and Low-End Options

Urban Land · 27 Nov

The hotel industry in Japan is evolving, with new lodging models emerging, some of which incorporate elements of the burgeoning sharing economy. A pa

Western Cape Hotels Rates Cheaper Since Drought
Western Cape Hotels Rates Cheaper Since Drought

Cape Town Etc · 27 Nov

The average price of a hotel room in Cape Town is R65.19 cheaper per evening than it was a year ago this brings the average cost of a hotel room to R

Business Travel Market Set To Reach $1.7 Trillion By 2023
Business Travel Market Set To Reach $1.7 Trillion By 2023

Buying Business Travel · 21 Nov

A new report featuring in-depth analysis predicts that the global business travel industry will be worth nearly US$1.7 trillion (about £1.3 trillion)