Oyo Hotels Files for IPO in IndiaBy Donna M. AiroldiOyo Hotels & Homes, launched in 2013, last week submitted paperwork for an initial public offering in India, seeking a valuation of $10 billion to $12... KEEP READING
Choice Unveils New Cambria PrototypeBy Chris DavisChoice Hotels International on Thursday announced a smaller prototype of its upscale Cambria brand, designed to launch the brand in secondary locations,... KEEP READING
Hotel Mgmt. Cos. Benchmark, Pyramid MergeBy Chris DavisHotel management companies Benchmark Global Hospitality and Pyramid Hotel Group have merged, the companies announced Thursday, and will be known as... KEEP READING
Marriott to Restart Select-Service Hot BreakfastBy Chris DavisMarriott International will reintroduce hot breakfast buffets at some U.S. select-service brands in October and more widely roll it out during the... KEEP READING
Egencia Launches AI-Powered Hotel Rate Cap FeatureBy Donna M. AiroldiTravel management company Egencia launched a dynamic hotel rate cap feature Thursday at the Business Travel Show Europe in London. ... KEEP READING
Marriott Sets 2050 Net-Zero Emissions GoalBy Donna M. AiroldiMarriott International on Wednesday announced via a letter of intent to the Science Based Targets initiative a goal to reach net-zero value chain... KEEP READING
STR: U.S. Hotel Recovery Slows in AugustBy Donna M. AiroldiAfter showing regular month-over-month increases since at least January, the three key U.S. hotel performance indicators each dipped in August compared... KEEP READING
Sonder to Expand Mexico City FootprintBy Donna M. AiroldiShort-term rental company Sonder plans to add eight properties to its existing portfolio of four properties in Mexico City, the company announced. The... KEEP READING
AHLA: Hotels Set to See $59B Hole in 2021 Business Travel RevenueBy Donna M. AiroldiThe hotel industry in 2021 is projected to receive $59 billion less in business travel revenue compared with 2019, according to a report from the... KEEP READING
Hilton Updates Loyalty Program Benefits, StatusBy Donna M. AiroldiHilton Hotels Corp. has extended some point expiration dates in its Hilton Honors loyalty program while tightening some status requirements, the company... KEEP READING
Best Western President & CEO David Kong to RetireBy Elizabeth WestKong is the hotel industry's longest tenured CEO. BWH Hotel Group will announce his successor at the company convention in Las Vegas on Oct. 7.... KEEP READING
Oyo, Microsoft Announce Product, Tech AllianceBy Donna M. AiroldiMicrosoft and hotel company Oyo Homes have entered into a multiyear strategic alliance to co-develop "next-gen travel and hospitality products and... KEEP READING
Wyndham Set to Open 20 Microtel Hotels in ChinaBy Donna M. AiroldiWyndham Hotels & Resorts plans to open 20 new midscale Microtel by Wyndham hotels in Greater China by the end of 2022, the company announced. ... KEEP READING
Jump Off the Hotel RFP Merry-Go-RoundBy DigiTravel Consulting managing partner Susan LichtensteinThe ride keeps going round and round and up and down and never moves forward. I am talking about the corporate hotel RFP process and program. The time... KEEP READING
Cascade Agrees to Acquire Controlling Stake in Four SeasonsBy Donna M. AiroldiCascade Investment has agreed to increase its share in Four Seasons Hotels and Resorts from 47.5 percent to a controlling 71.25 percent, the hotel... KEEP READING
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