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IHG Confirms Data Breach

IHG has notified guests that based on an investigation, 12 company-managed properties were impacted by a data breach between August 2016 and December 2016. Malware was installed on servers that processed payment cards. For information on the properties that were ...

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Donald Trump Jr. Officially Handed D.C. Hotel

President Trump has relinquished control of Trump International Hotel in Washington, D.C. Donald Trump Jr. is now president of the company that operates the hotel. But according to Norm Eisen, chief ethics officer for former President Obama, President Trump still holds ...

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Priceline Agrees to Acquire Momondo Group

Priceline Agrees to Acquire Momondo Group

NORWALK, Conn.—The Priceline Group Inc. has announced that it has signed a definitive agreement to acquire the Momondo Group in a cash transaction whereby The Priceline Group will acquire all outstanding shares of the company for a price of $550 ...

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Duetto Partners with easyHotel

Duetto Partners with easyHotel

LONDON—Duetto has announced that it will implement its cloud-based revenue strategy solutions, GameChanger and Scoreboard, for easyHotel, the owner, developer, operator, and franchisor of “super budget” branded hotels in European gateway markets. The agreement comes as easyHotel expands its portfolio ...

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AJ Capital Acquires Two Properties to Become Graduate Hotels

AJ Capital Acquires Two Properties to Become Graduate Hotels

MINNEAPOLIS, Minn.—Mission Capital Advisors has arranged nearly $100 million in non-recourse acquisition financing for AJ Capital Partners to acquire and renovate two Graduate Hotel properties in Seattle and Minneapolis. The Graduate Hotels brand, launched by AJ Capital Partners in 2014, ...

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