Amazon.com announced on Tuesday that it has partnered with Marriott International to help increase guest access to amenities with Alexa, through its voice-controlled device Echo, in an attempt […]
Just 3 days after realizing a $14 billion profit on the sale of its 5.8% stake in Hilton Worldwide Holdings, private equity firm Blackstone has […]
The U.S. hotel industry registered record-breaking performance levels during 2017, according to data from STR. Compared with 2016: Occupancy: +0.9% to 65.9% Average daily rate […]
A federal judge sided with Airbnb in a lawsuit brought about by the American Landlord Apartment Investment & Management Co (AIMCO), according to Endgadget. The […]
It appears that more restrictive local regulations and ordinances are driving Airbnb to get involved in the real estate development business. In a noteworthy development, Airbnb […]
InterContinental Hotels Group (IHG) announced that it launched a new brand called Avid Hotels, targeting travelers at a slightly lower price point than its popular Holiday Inn […]
The Average Daily Rates (ADR) at U.S. hotels reached $127.12 during the week of August 13-19, a 2.5% increase from the previous week, according to […]
The Average Daily Rates (ADR) at U.S. hotels reached $127.47 during the week of May 21-27, a 2.5% increase from the previous week, according to […]
Airbnb reported an undisclosed profit during Q2 2016 and is now valued at $31 billion, reported CNBC. The online vacation-sharing portal also just raised $1 billion […]
The Baird/STR Hotel Stock Index closed 19.6% higher in 2016, reaching 3,702 on the back of a strong post-election performance in November and December, as […]
Copyright © 2018 | WordPress Theme by MH Themes