SiteMinder is poised to reach a $1 billion valuation ahead of other hotel tech contenders, such as Cendyn and RateGain.
Growth at all costs is not a great strategy.
Locacle blurs the line between vacation rental and traditional hotels with its high-end furnished apartments.
The Indian startup is said to have dismissed 1,800 staff.
Huazhu opened 630 hotels, closed a total of 163 hotels in Q4.
Ensuring the brand is communicated in a human way with bags of personality and emotion that humans actually respond to is important.
Beonprice works with over 2,000 properties in more than 30 countries, including international hotel brands.
STR’s report forecasts key hotel markets in Mainland China will continue a 3.7% increase in RevPAR and 1.8% in ADR.
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