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IHG Looking for More Boutique Deals

InterContinental Hotels Group (IHG) is looking to expand its portfolio through smaller deals, according to Reuters. At the International Hotel Investment Forum in Berlin, Richard Solomons, chief executive officer, said the company is looking further into deals similar to the ...

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Accor, HNA Group Eye Up Carlson Rezidor

It’s been a month since the Wall Street Journal reported that Carlson was exploring strategic alternatives for the Carlson Rezidor Hotel Group, and now Bloomberg has word on two companies looking to buy some or all of it. Both Accor Hotels and ...

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Hospitality Job Growth, Satisfaction Strong

Job creation continued at a robust pace in February, with the unemployment rate holding at an eight-year low of 4.9 percent and labor force participation on the rise. Nonfarm payrolls increased by 242,000 jobs last month, the Labor Department said. ...

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Encouraging Reports for the U.S. Traveler

The latest developments from Hotels.com’s Hotel Price Index reveals positive news for U.S. travelers, with average prices paid per night for hotel accommodation up only 1 percent globally in 2015 as compared to 2014. The global index sat at 114 for ...

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Hotels Offer Deals to Ease Zika Fears

Unsure of how far the Zika virus has spread, some guests are canceling hotel reservations across the Caribbean islands, whether they have been impacted or not. Properties have responded by offering deals during peak season, encouraging guests to not write ...

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Chinese Tourism Thrives Amid Economic Slump

While the Chinese economy appears sluggish, tourist numbers are flourishing, prompting international hospitality corporations to open new hotels and cruise routes in hopes of cashing in on the growing market. Marriott International and Royal Caribbean Cruises are just a few ...

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