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Search results for “The New York Times”
New study confirms Airbnb’s negative impact on hotel industry
11/03/2015
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10:37:35 AM
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Airbnb’s operations had a negative impact of $2.1 billion on the lodging industry and the broader economy of New York City over the course of the last year.
Aetos Capital said to prepare sale of Super 8 China hotel chain
12/10/2015
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6:33:42 PM
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Aetos Capital Real Estate is preparing a sale of its controlling stake in the Super 8 budget hotel chain in China, which could fetch as much as $250 million.
Hotel Urbano’s founders give up majority control
12/02/2015
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9:37:44 PM
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The brothers who founded Hotel Urbano, the Brazilian travel startup, have decided to step down.
China Eastern partners with China Telecom to offer in-flight internet service
11/09/2015
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5:51:43 PM
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China Eastern will become the first Chinese carrier to offer commercial inflight internet service on long-haul international flights as it partners with China Telecom.
Delta seeks to raise stake in Aeromexico to up to 49%
11/20/2015
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10:54:44 AM
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Delta is boosting its ambitions in the world’s emerging markets as CEO Richard Anderson ups the carrier’s stake in Grupo Aeromexico SAB to as much as 49%.
Airbnb Crimps Hotels’ Power on Pricing
10/03/2015
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6:19:16 PM
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Rare events that draw huge crowds, like Pope Francis’ visit to the U.S., usually mean a windfall for hotels that can ratchet up prices to meet booming demand for rooms.
TravelClick acquires ZDirect, a hotel CRM provider
10/28/2015
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9:57:47 AM
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TravelClick, a hospitality tech provider, says it has acquired ZDirect, maker of a hotel customer relationship management (CRM) platform.
Economic downturn forces Chinese tourists to roam closer to home
10/08/2015
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10:39:54 PM
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Growth in international travel bookings from China fell in August for the first time since at least 2010 and continued to decline through September.
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