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
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