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Search results for “asset-light”
Hyatt CEO hints at more deals to come
05/05/2016
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3:27:13 PM
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Hyatt Hotel Corp. CEO Hoplamazian’s remarks and the company’s recent history have shown, this is a hotel company that isn’t afraid to invest and to experiment, so we can expect to see some interesting sales and acquisitions from Hyatt in the year ahead.
How hotels can personalize the customer experience to compete with Airbnb
03/23/2016
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11:16:54 AM
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Companies like Airbnb have blown the traditional market wide open and the most amazing thing about this service is that it owns no assets apart from a really well-designed, digital service. Hotels need to up their personalisation game.
Marriott Investor Call: This Is What We Have in Store for Starwood
03/22/2016
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6:31:19 PM
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Marriott held a call for investors on this Monday morning, talking primarily about the new deal’s terms. Marriott decided to combine its Rewards with Starwood Preferred Guest loyalty programs and integrate their brands.With newly revised bid, the synergies have risen to $250 million, and Marriott expects them to be fully achieved within two years after closing.
CAR Inc. net profit soars by 220% thanks to hired and rental services
03/11/2016
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10:17:23 PM
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Buoyed by its strategic expansion in car-rental, ride-sharing and second-hand car trading, the B2C-focused CAR Inc. registered 220% growth in net profit last year.
Huazhu plans to open 750-800 new hotels in 2016
03/11/2016
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10:17:03 PM
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Chinese multi-brand hotel group Huazhu plans to open 750-800 new hotels in 2016, with 80% for economy hotels and 20% for midscale and upscale ones, and manachised and franchised hotels continue to be the vast majority in the run.
AccorHotels is buying half of SBE Entertainment Group for $319 million
07/02/2018
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3:44:05 PM
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This AccorHotels investment in SBE aligns with its strategy for growth in North America but contradicts the chain’s push to go asset-light.
AccorHotels Chief Brand Officer: ‘We Need to Watch Google and Amazon Carefully’
06/14/2018
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5:31:31 PM
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In order to compete with the likes of Google and Amazon, AccorHotels has transformed itself from a primarily midscale- and economy-hotel owner/operator into an asset-light “lifestyle travel platform”.
Is IHG the next hotel chain to be taken over? Are we seeing a domino effect?
12/04/2015
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3:14:52 PM
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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.
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