Search results for “Holiday Inn”
Analysis: Hotels bite back in battle with Online Travel Agencies
04/27/2016|6:36:44 PM|
Since hotel chains are baulking at the commissions the OTAs charge them – typically ranging from 15% to 30% depending on room type and location - and fear that their expensively established brands are being devalued by the OTAs’ price-orientated approach, they have tried to offer discount rates to their loyalty project members to improve direct booking.
Is IHG the next hotel chain to be taken over? Are we seeing a domino effect?
12/04/2015|3:14:52 PM|
The current value of IHG is about UK Pounds 5.8 billion. Less then what Marriott is reported to be paying for Starwood which is US $ 12.2 Billion.
Is IHG the next hotel chain to be taken over? Are we seeing a domino effect?
12/01/2015|9:33:34 AM|
Joseph Yossi Fischer, CEO of Vision Hospitality & Travel, discusses IHG's future in the global hotel industry, article by 4Hoteliers.com
Facing Airbnb challenge, AccorHotels try a new recipe
10/27/2015|4:43:45 PM|
F&B made up 25 percent of total group revenue of 12 billion euros ($13.6 billion) in 2014, but margins were far lower than the room booking segment.
IHG closes in on £1.9bn acquisition of Fairmont
09/23/2015|7:08:34 PM|
IHG is closing in on a £1.9 billion deal to buy Canada-based rival Fairmont, According to inside sources cited by the Sunday Times.
UK's Kew Green Hotels sold to HK CTS Hotels
08/11/2015|10:42:05 AM|
Chinese hotel company HK CTS Metropark Hotels bought Kew Green Hotels, IHG's largest hotel-management partner in the U.K.
IHG agrees $938m sale of InterContinental HK
07/13/2015|6:19:49 PM|
InterContinental Hotels Group has agreed to sell the InterContinental Hong Kong for $938m, the latest in a line of disposals of its five-star flagship properties.
Holiday Inn Express, Marriott eye the younger traveler
07/05/2013|12:05:25 PM|
Holiday Inn Express and Marriott are now trying to appeal to the younger traveler, spending millions of dollars on elaborate marketing campaigns that draw heavily on pop culture and social media.
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