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Take Back Direct Booking

Take Back Direct Booking

Hotels give up a chunk of their revenue to third party intermediaries to drive bookings. These online travel agencies and search engines retain up to 30 percent of the price of the room. Hotels could recapture that revenue by beefing ...

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Aloft Brand Completes Adaptive Reuse Project in Tulsa, Okla.

Aloft Brand Completes Adaptive Reuse Project in Tulsa, Okla.

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide announced that its Aloft brand has opened the Aloft Tulsa Downtown. The opening marks the successful completion of the Aloft brand’s second adaptive re-use project. The former City Hall was transformed into a 180-room ...

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Hyatt Place Brand to Develop Nine Hotels in Brazil

Hyatt Place Brand to Develop Nine Hotels in Brazil

CHICAGO—Hyatt Hotels Corporation announced the execution of an agreement to form a joint venture between a Hyatt affiliate and FSA Group S.A. (FSA), a Libra Group company, to develop and own nine Hyatt Place-branded hotels in Brazil. The total investment ...

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Hyatt Place Brand to Develop Nine Hotels in Brazil

Hyatt Place Brand to Develop Nine Hotels in Brazil

CHICAGO—Hyatt Hotels Corporation announced the execution of an agreement to form a joint venture between a Hyatt affiliate and FSA Group S.A. (FSA), a Libra Group company, to develop and own nine Hyatt Place-branded hotels in Brazil. The total investment ...

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Across the Pacific

Across the Pacific

In the fourth quarter of 2012, the Asia Pacific construction pipeline reached a record high with 2,401 projects (557,505 rooms). To put these numbers into perspective, just three countries—China, India, and Indonesia—make up 91 percent of the projects and 89 ...

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