Lodging

Tripbam Will Open European HeadquartersBy Julie Sickel

Automated hotel shopping tool Tripbam is establishing a European headquarters in London. While the Texas-based company has already made inroads into... KEEP READING

Oakwood Worldwide Acquired by Mapletree InvestmentsBy Julie Sickel

Singapore-based Mapletree Investments has acquired corporate housing and serviced-apartment solutions provider Oakwood Worldwide. Mapletree—a real... KEEP READING

Airbnb Buys Luxury RetreatsBy Julie Sickel

Airbnb has acquired Montreal-based Luxury Retreats, a vacation rental company that offers more than 4,000 homes across 100 markets globally. The Luxury... KEEP READING

Hilton Reports Corporate Transient Business Pickup in Q4By Julie Sickel

Hilton has maintained its 2017 guidance—1 percent to 3 percent growth in revenue per available room—though an uptick in corporate transient business... KEEP READING

Rezidor CEO: 'We Welcome HNA as Our New Majority Shareholder'By Julie Sickel

Rezidor Hotel Group president and CEO Wolfgang Neumann said the company welcomes HNA Group as its new majority shareholder. The statement came during... KEEP READING

AccorHotels Will Buy Another Vacation Rental ProviderBy Julie Sickel

AccorHotels plans to acquire Travel Keys, an Atlanta-based company that brokers rentals of private vacation homes. Accor expects the transaction to... KEEP READING

Credit Card Breach Reported at 12 IHG PropertiesBy Julie Sickel

InterContinental Hotels Group has discovered malware on point-of-sale systems at 12 of its U.S. hotels, the company confirmed to Reuters. IHG first... KEEP READING

Hilton Rebrands & Introduces New Loyalty PerksBy Julie Sickel

Hilton has dropped the "Worldwide" portion of its official name as part of a rebranding effort that also includes a new logo and renaming its rewards... KEEP READING

Bookings at North American Hotels Will Flatten in Q1 & Soar in Q2By Julie Sickel

The pace of business transient bookings at North American hotels for the second quarter is up 8.6 percent from this same time last year, according... KEEP READING

Best Western's Plans for Newer Brands & White Label FranchiseBy Julie Sickel

Just six years ago, Best Western Hotels & Resorts—Best Western International at the time—used a single brand for its entire portfolio. It since has... KEEP READING

JetBlue Traffic & Revenue Increased in Q4By Michael B. Baker

JetBlue's passenger revenue increased 2.7 percent year over year to $1.5 billion in the fourth quarter. Traffic increased 6 percent year over year... KEEP READING

Carlson Appoints Former NH Hotels CEO as Berg's Successor

Carlson Hotels has appointed Federico Gonzalez Tejera as CEO. Starting Feb. 1, Tejera succeeds David Berg, who has been CEO since May 2015. Berg will... KEEP READING

Hilton Unveils Independent Collection BrandBy Julie Sickel

Hilton Worldwide has launched a new upscale brand, Tapestry Collection, which will bring existing independent hotels into the company's... KEEP READING

U.S. Hotel Occupancy Was Flat YOY in DecemberBy Julie Sickel

U.S. hotel supply in December increased 1.8 percent year over year, the highest year-over-year growth since June 2010, according to STR. SVP of lodging... KEEP READING

Hyatt Acquires Wellness BrandBy Julie Sickel

Hyatt Hotels Corp. has acquired New York City-based wellness resort and spa company Miraval Group for $215 million. Hyatt gains the Miraval brand and... KEEP READING

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