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Search results for “Starwood Group”
Anbang Insurance denies bid for InterContinental Hotels
08/09/2016
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6:47:42 PM
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Anbang Insurance Group denied a report that it’s considering a bid for U.K.-based InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza brands.
Hotels turn to ‘member’ discounts to battle travel websites
07/11/2016
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5:03:09 PM
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Online travel agents captured about 15% of U.S. net bookings last year, major hotel operators are taking a new tack to reduce payments to fast-growing online travel websites: lower prices to direct-purchase customers.
Hotel room glut drives down room rate and revenue in China
08/03/2016
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10:01:40 AM
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Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
The disappointing life of hotel industry booking site Room Key
07/12/2016
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10:33:19 AM
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Room Key, launched in January 2012, is the brainchild of six major hotel chains. However, it turns out to be a disappointment due to unreasonable profit model, limited marketing budget and pop-under ads.
Fosun, HNA are interested in resort operator Apple Leisure
07/04/2016
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10:10:42 AM
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Resort operator Apple Leisure Group is exploring a sale that could value it at more than $1.5 billion, after attracting interest from China's Fosun Group and HNA Group.
Hotel industry to see more consolidation
06/07/2016
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2:44:57 PM
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Blackstone Group's senior executive Jon Gray expects sale of Strategic Hotels to Anbang to go through.
What the Brexit vote means for the global tourism industry
06/27/2016
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6:40:36 PM
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Outcome of the Brexit vote probably won’t be felt in the global tourism industry until at least two years from now.
Marriott direct booking drive has Millennial travellers at its heart
07/04/2016
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12:53:40 PM
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Chris Robinson, Marriott’s senior manager for global ecommerce, says one of the drivers for the campaign also concerned how it is anticipating a major change in traveller demographics in the coming years.
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