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IHG Acquires Kimpton for $430 Million

IHG Acquires Kimpton for $430 Million

InterContinental Hotels Group announced that it is acquiring Kimpton Hotels & Restaurants for $430 million. The deal will be financed through existing cash resources and new debt facilities and is expected to close during the first quarter of 2015, according ...

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AH&LA Praises Congressional Passage of Brand USA

AH&LA Praises Congressional Passage of Brand USA

The American Hotel & Lodging Association praised both the U.S. House of Representatives and the U.S. Senate for agreeing to reauthorize Brand USA as part of the omnibus spending bill to fund the government. “Consensus and partnership are two words ...

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Accor Forms Alliance with China Lodging

Accor Forms Alliance with China Lodging

Accor has sealed a long-term alliance that will combine its brands with more than 2,000 existing properties run by China Lodging’s Huazhu Hotels, according to this report from Reuters. Huazhu aims to open 350 to 400 new hotels under Accor brands ...

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Priceline.com Integrates Apple Pay Into iOS 8 App

Priceline.com Integrates Apple Pay Into iOS 8 App

Priceline.com is integrating Apple Pay into its iPhone/iPad app for iOS 8, allowing customers to pay for hotel Express Deals via Touch ID. The company has seen more than a 110 percent growth in Express Deals reserved via mobile since ...

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