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Strategic Reportedly Seeking Company Buyer

Strategic Hotels & Resorts has reportedly hired a bank to help explore a possible sale of the company, according to a Bloomberg article. Two people familiar with the matter said eBay Founder Pierre Omidyar is among the potential suitors of ...

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On the Move: This Week’s Comings and Goings

On the Move: This Week’s Comings and Goings

Extended Stay America has named Gerry Lopez its new chief executive officer following the resignation of Jim Donald. Donald will remain a senior adviser through the end of 2015. Lopez, who has been serving as chief executive of AMC Entertainment ...

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Global Hotel Prices to Increase in 2016

Globally, 2016 will show an increase in hotel prices because demand is overtaking supply in every major global region, according to the 2016 Global Travel Price Outlook from the GBTA Foundation and Carlson Wagonlit Travel. Asia Pacific will see hotel ...

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