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How Marriott Could Lose Starwood

Even though Starwood Hotels & Resorts has accepted Marriott International’s sweetened $13.6 billion offer, some analysts believe Anbang Insurance Group may yet win out with a higher all-cash bid. Other media reports claim Chinese regulators could block Anbang’s bids for ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Kimpton Hotels & Restaurants has named Nick Gregory senior vice president of hotel operations. Gregory is a 25-year veteran of the company who began his career at Kimpton as a doorman. In his new role, Gregory will be responsible for ...

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Thompson Miami Beach to Join Hyatt’s Unbound Collection

Thompson Miami Beach to Join Hyatt’s Unbound Collection

CHICAGO—Hyatt Hotels Corporation today announced that a wholly-owned subsidiary has entered into an agreement to purchase the 380-room Thompson Miami Beach hotel from an affiliate of Geolo Capital. The transaction is expected to close in late April, and the hotel ...

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85 Percent of Phoenix Airbnb Rooms Listed More Than 30 Days

85 Percent of Phoenix Airbnb Rooms Listed More Than 30 Days

WASHINGTON, D.C.—Today the American Hotel & Lodging Association (AH&LA) released Phase II of a study conducted by the Pennsylvania State University School of Hospitality Management that provides a detailed analysis of the commercial activity taking place in Phoenix on Airbnb, ...

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Can European Travel Bounce Back After Terrorist Attacks?

Europe’s travel and tourism industry is reeling again following the deadly terror attacks in Brussels yesterday. Three explosions, two which took place at the city’s main international airport and one at a subway station in central Brussels, left 31 people ...

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Report: Airbnb Will Not Become Successful OTA

A new PiperJaffray report suggests that while Airbnb will make share gains in vacation rentals, its adverse impact on online travel agencies will be just 5.3 percent between 2016 and 2020. The report forecasts that Airbnb will not be successful ...

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